Iris Energy Ltd (IREN)
10.78
+1.06
(+10.91%)
USD |
NASDAQ |
Nov 22, 16:00
10.87
+0.09
(+0.83%)
After-Hours: 20:00
Iris Energy Gross Profit Margin (Quarterly): 83.96% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 83.96% |
| March 31, 2024 | 91.97% |
| December 31, 2023 | 89.69% |
| June 30, 2023 | 80.25% |
| March 31, 2023 | 78.19% |
| December 31, 2022 | 70.45% |
| June 30, 2022 | 72.32% |
| Date | Value |
|---|---|
| March 31, 2022 | 90.42% |
| December 31, 2021 | 93.50% |
| September 30, 2021 | 88.72% |
| June 30, 2021 | 54.69% |
| March 31, 2021 | 90.90% |
| December 31, 2020 | 77.18% |
| September 30, 2020 | 63.58% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
54.69%
Minimum
Jun 2021
93.50%
Maximum
Dec 2021
80.42%
Average
82.10%
Median
Gross Profit Margin (Quarterly) Benchmarks
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -5.60% |
| Return on Assets | -4.66% |
| Return on Invested Capital | -4.97% |
| Profit Margin (Quarterly) | -46.37% |
| Operating Margin (Quarterly) | -35.35% |
| Return on Net Operating Assets | -5.75% |