Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 -32.23%
March 31, 2024 0.84%
December 31, 2023 -9.89%
September 30, 2023 -11.29%
June 30, 2023 8.56%
March 31, 2023 1.34%
December 31, 2022 18.22%
September 30, 2022 15.56%
June 30, 2022 9.63%
March 31, 2022 18.37%
Date Value
December 31, 2021
September 30, 2021 29.63%
June 30, 2021 45.62%
March 31, 2021 20.34%
December 31, 2020 21.50%
September 30, 2020 17.18%
June 30, 2020 7.32%
March 31, 2020 19.75%
August 31, 2019 25.18%
August 31, 2018 15.41%

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

-32.23%
Minimum
Jun 2024
45.62%
Maximum
Jun 2021
10.61%
Average
15.56%
Median
Sep 2022

Gross Profit Margin (Quarterly) Benchmarks

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