Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 53.69%
June 30, 2024 36.14%
March 31, 2024 17.23%
December 31, 2023 6.99%
September 30, 2023 -7.67%
June 30, 2023 14.83%
Date Value
March 31, 2023 -2.59%
December 31, 2022 20.74%
September 30, 2022 -18.05%
June 30, 2022 -85.90%
March 31, 2022 -47.18%

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

-85.90%
Minimum
Jun 2022
53.69%
Maximum
Sep 2024
-1.07%
Average
6.99%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics