Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 85.73%
March 31, 2024 87.63%
December 31, 2023 89.96%
September 30, 2023 90.09%
June 30, 2023 84.78%
March 31, 2023 88.34%
December 31, 2022 87.55%
September 30, 2022 87.14%
June 30, 2022 88.34%
Date Value
March 31, 2022 90.83%
December 31, 2021 87.92%
September 30, 2021 90.69%
June 30, 2021 88.96%
March 31, 2021 89.33%
December 31, 2020 89.35%
September 30, 2020 89.13%
June 30, 2020 90.95%

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

84.78%
Minimum
Jun 2023
90.95%
Maximum
Jun 2020
88.63%
Average
88.96%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

Cutera Inc 22.24%
IRIDEX Corp 40.65%
Stereotaxis Inc 73.59%
Electromed Inc 76.19%
Myomo Inc 70.81%

Gross Profit Margin (Quarterly) Related Metrics