Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 92.56%
March 31, 2024 89.13%
December 31, 2023 92.11%
September 30, 2023 94.77%
June 30, 2023 92.71%
March 31, 2023 91.19%
December 31, 2022 94.16%
September 30, 2022 95.25%
Date Value
June 30, 2022 92.76%
March 31, 2022 93.86%
December 31, 2021 98.10%
September 30, 2021 93.54%
June 30, 2021 86.30%
March 31, 2021 96.58%
December 31, 2020 99.59%

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

86.30%
Minimum
Jun 2021
99.59%
Maximum
Dec 2020
93.51%
Average
93.54%
Median
Sep 2021

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