Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2022 92.16%
June 30, 2022 98.84%
March 31, 2022 99.03%
December 31, 2021 49.38%
September 30, 2021 98.73%
June 30, 2021 52.86%
March 31, 2021 94.45%
December 31, 2020
September 30, 2020 93.59%
June 30, 2020
March 31, 2020
Date Value
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018 83.33%
September 30, 2018 85.83%
June 30, 2018 80.17%
March 31, 2018
December 31, 2017 84.95%
September 30, 2017 84.88%

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

49.38%
Minimum
Dec 2021
99.03%
Maximum
Mar 2022
84.88%
Average
94.02%
Median

Gross Profit Margin (Quarterly) Benchmarks