Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 90.88%
March 31, 2024 90.16%
December 31, 2023 87.66%
September 30, 2023 93.80%
June 30, 2023 93.65%
March 31, 2023 98.02%
Date Value
December 31, 2022 95.92%
September 30, 2022 97.95%
June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021 85.39%

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

85.39%
Minimum
Sep 2021
98.02%
Maximum
Mar 2023
92.60%
Average
93.65%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics