Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 98.46%
June 30, 2024 98.96%
March 31, 2024 93.93%
December 31, 2023 93.67%
September 30, 2023 95.50%
June 30, 2023 97.35%
March 31, 2023 70.37%
December 31, 2022 99.95%
September 30, 2022 99.80%
Date Value
June 30, 2022
March 31, 2022 99.12%
December 31, 2021
September 30, 2021 99.95%
June 30, 2021 98.82%
March 31, 2021 97.94%
December 31, 2020 98.60%
September 30, 2020 99.60%

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

70.37%
Minimum
Mar 2023
99.95%
Maximum
Sep 2021
96.13%
Average
98.60%
Median
Dec 2020