Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 77.12%
March 31, 2024 76.93%
December 31, 2023 77.97%
September 30, 2023 77.40%
June 30, 2023 77.14%
March 31, 2023 77.50%
December 31, 2022 76.66%
September 30, 2022 74.96%
June 30, 2022 74.58%
March 31, 2022 73.93%
December 31, 2021 73.71%
Date Value
September 30, 2021 72.32%
June 30, 2021 77.57%
March 31, 2021 78.62%
December 31, 2020 77.44%
September 30, 2020 78.51%
June 30, 2020 78.11%
March 31, 2020 75.14%
December 31, 2019 73.03%
September 30, 2019 74.20%
June 30, 2019 72.09%
March 31, 2019 70.45%

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.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

72.32%
Minimum
Sep 2021
78.62%
Maximum
Mar 2021
76.24%
Average
77.12%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks

Microsoft Corp 69.35%
Digital Turbine Inc 46.10%
Okta Inc 76.01%
Appian Corp 73.09%
Inuvo Inc 84.04%

Gross Profit Margin (Quarterly) Related Metrics