Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2023 76.44%
March 31, 2023 73.97%
December 31, 2022 73.90%
September 30, 2022 74.81%
June 30, 2022 73.64%
March 31, 2022 90.00%
December 31, 2021 62.13%
September 30, 2021 47.77%
June 30, 2021 93.84%
March 31, 2021 27.38%
December 31, 2020 -32.07%
September 30, 2020 95.40%
Date Value
June 30, 2020 -11.54%
March 31, 2020 57.68%
December 31, 2019 62.49%
September 30, 2019 58.28%
June 30, 2019 43.26%
March 31, 2019 48.88%
December 31, 2018 42.79%
September 30, 2018 49.72%
June 30, 2018 53.14%
March 31, 2018 43.88%
December 31, 2017 37.35%
September 30, 2017 60.06%

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

-32.07%
Minimum
Dec 2020
95.40%
Maximum
Sep 2020
56.90%
Average
62.49%
Median
Dec 2019

Gross Profit Margin (Quarterly) Benchmarks

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