SoundHound AI Inc (SOUN)
7.86
+0.88
(+12.61%)
USD |
NASDAQ |
Nov 22, 11:58
SoundHound AI Gross Profit Margin (Quarterly): 48.59% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 48.59% |
| 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% |
| Date | Value |
|---|---|
| December 31, 2022 | 71.00% |
| 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
48.59%
Minimum
Sep 2024
80.34%
Maximum
Jun 2021
67.38%
Average
68.70%
Median
Gross Profit Margin (Quarterly) Benchmarks
| BigBear.ai Holdings Inc | 25.94% |
| Palantir Technologies Inc | 79.79% |
| Castellum Inc | 42.72% |
| BM Technologies Inc | 54.46% |
| Marti Technologies Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -75.45% |
| Return on Assets | -40.81% |
| Return on Invested Capital | -53.84% |
| Profit Margin (Quarterly) | -86.68% |
| Operating Margin (Quarterly) | -140.0% |
| Return on Net Operating Assets | -117.6% |