Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2023 80.13%
June 30, 2022 53.09%
March 31, 2022 0.75%
December 31, 2021 54.22%
September 30, 2021 64.25%
June 30, 2021 59.12%
Date Value
March 31, 2021 28.16%
December 31, 2020 79.70%
September 30, 2020 64.17%
June 30, 2020 31.91%
March 31, 2020 23.07%
December 31, 2019 81.91%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

0.75%
Minimum
Mar 2022
81.91%
Maximum
Dec 2019
51.71%
Average
56.67%
Median

Gross Profit Margin (Quarterly) Benchmarks