Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2023 57.04%
June 30, 2023
March 31, 2023
December 31, 2022
September 30, 2022 -50.00%
Date Value
June 30, 2022
March 31, 2022 -63.47%
December 31, 2021 -15.50%
September 30, 2021
June 30, 2021 72.90%

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

-63.47%
Minimum
Mar 2022
72.90%
Maximum
Jun 2021
0.20%
Average
-15.50%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks