Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 69.28%
September 30, 2023 32.05%
June 30, 2023 29.79%
March 31, 2023 18.83%
December 31, 2022 56.15%
September 30, 2022 33.64%
June 30, 2022 8.86%
March 31, 2022 -75.09%
December 31, 2021 -94.10%
Date Value
September 30, 2021
June 30, 2021 -21.86%
March 31, 2021 -96.11%
December 31, 2020
September 30, 2020 92.69%
June 30, 2020
March 31, 2020 -344.3%
December 31, 2019 -329.0%

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

-344.3%
Minimum
Mar 2020
92.69%
Maximum
Sep 2020
-44.23%
Average
13.84%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics