Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 8.79%
December 31, 2023 76.49%
September 30, 2023 42.56%
June 30, 2023 -4.66%
March 31, 2023 -173.6%
Date Value
December 31, 2022 -26.05%
September 30, 2022 52.61%
June 30, 2022 38.04%
March 31, 2022 25.08%

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

-173.6%
Minimum
Mar 2023
76.49%
Maximum
Dec 2023
4.36%
Average
25.08%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics