Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 60.15%
March 31, 2024 58.86%
December 31, 2023 20.51%
September 30, 2023 41.05%
June 30, 2023 31.91%
March 31, 2023 48.89%
December 31, 2022 -21.21%
Date Value
September 30, 2022 43.75%
June 30, 2022 47.73%
March 31, 2022 69.23%
December 31, 2021
September 30, 2021 -25.64%
June 30, 2021 40.38%
March 31, 2021 36.07%

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

-25.64%
Minimum
Sep 2021
69.23%
Maximum
Mar 2022
34.74%
Average
41.05%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics