Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 87.40%
March 31, 2024
December 31, 2023
September 30, 2023
Date Value
March 31, 2023
December 31, 2022 -16.67%
September 30, 2022 65.25%
June 30, 2022 25.48%

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

-16.67%
Minimum
Dec 2022
87.40%
Maximum
Jun 2024
40.36%
Average
45.36%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics