Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2023 74.33%
March 31, 2023 84.22%
December 31, 2022 14.66%
September 30, 2022 53.87%
June 30, 2022 76.76%
Date Value
March 31, 2022 70.32%
December 31, 2021
September 30, 2021 47.02%
June 30, 2021 -6.47%
March 31, 2021 69.29%

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

-6.47%
Minimum
Jun 2021
84.22%
Maximum
Mar 2023
53.78%
Average
69.29%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks