SoundHound AI Inc (SOUN)
6.625
+0.32
(+5.16%)
USD |
NASDAQ |
Nov 14, 16:00
6.61
-0.02
(-0.23%)
After-Hours: 17:11
SoundHound AI Gross Profit Margin (Quarterly): 63.01% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 63.01% |
| March 31, 2024 | 59.73% |
| December 31, 2023 | 77.19% |
| September 30, 2023 | 72.94% |
| June 30, 2023 | 79.09% |
| March 31, 2023 | 70.54% |
| December 31, 2022 | 71.00% |
| Date | Value |
|---|---|
| September 30, 2022 | 76.91% |
| June 30, 2022 | 59.56% |
| March 31, 2022 | 58.67% |
| December 31, 2021 | 66.86% |
| September 30, 2021 | 58.86% |
| June 30, 2021 | 80.34% |
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.
Gross Profit Margin (Quarterly) Range, Past 5 Years
58.67%
Minimum
Mar 2022
80.34%
Maximum
Jun 2021
68.82%
Average
70.54%
Median
Mar 2023
Gross Profit Margin (Quarterly) Benchmarks
| BigBear.ai Holdings Inc | 25.94% |
| Cognizant Technology Solutions Corp | 34.36% |
| Castellum Inc | 40.56% |
| BM Technologies Inc | 63.89% |
| Marti Technologies Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -114.9% |
| Return on Assets | -53.90% |
| Return on Invested Capital | -68.53% |
| Profit Margin (Quarterly) | -277.2% |
| Operating Margin (Quarterly) | -171.3% |
| Return on Net Operating Assets | -365.2% |