Remitly Global Inc (RELY)
21.04
+0.36
(+1.74%)
USD |
NASDAQ |
Nov 22, 16:00
21.03
-0.01
(-0.05%)
Pre-Market: 20:00
Remitly Global Gross Profit Margin (Quarterly): 59.19% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 59.19% |
| June 30, 2024 | 58.30% |
| March 31, 2024 | 59.13% |
| December 31, 2023 | 58.82% |
| September 30, 2023 | 55.75% |
| June 30, 2023 | 56.56% |
| March 31, 2023 | 53.89% |
| December 31, 2022 | 52.31% |
| September 30, 2022 | 48.00% |
| Date | Value |
|---|---|
| June 30, 2022 | 50.60% |
| March 31, 2022 | 48.44% |
| December 31, 2021 | 48.60% |
| September 30, 2021 | 50.87% |
| June 30, 2021 | 47.50% |
| March 31, 2021 | 45.37% |
| December 31, 2020 | 45.27% |
| September 30, 2020 | 50.30% |
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.
Gross Profit Margin (Quarterly) Range, Past 5 Years
45.27%
Minimum
Dec 2020
59.19%
Maximum
Sep 2024
52.29%
Average
50.87%
Median
Sep 2021
Gross Profit Margin (Quarterly) Benchmarks
| ALT5 Sigma Corp | 47.78% |
| Cantaloupe Inc | 40.73% |
| Aurora Innovation Inc | -- |
| AtlasClear Holdings Inc | -- |
| Veea Inc | 70.41% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -11.78% |
| Return on Assets | -6.81% |
| Return on Invested Capital | -10.62% |
| Profit Margin (Quarterly) | 0.57% |
| Operating Margin (Quarterly) | 0.11% |
| Return on Net Operating Assets | -9.60% |