Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 65.38%
June 30, 2024 72.95%
March 31, 2024 41.76%
December 31, 2023 59.16%
September 30, 2023 54.72%
Date Value
June 30, 2023 55.45%
March 31, 2023 1.99%
December 31, 2022 16.90%
September 30, 2022 6.95%
June 30, 2022 -41.50%

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

-41.50%
Minimum
Jun 2022
72.95%
Maximum
Jun 2024
33.37%
Average
48.24%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics