Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 42.59%
December 31, 2023 37.94%
September 30, 2023 27.46%
June 30, 2023
Date Value
March 31, 2023 3.98%
December 31, 2022 16.30%
September 30, 2022 -68.78%

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

-68.78%
Minimum
Sep 2022
42.59%
Maximum
Mar 2024
9.91%
Average
21.88%
Median

Gross Profit Margin (Quarterly) Benchmarks

Rumble Inc -79.48%
Autodesk Inc 90.33%
Inuvo Inc 87.67%
Issuer Direct Corp 75.28%
WaveDancer Inc 36.51%

Gross Profit Margin (Quarterly) Related Metrics