Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 -51.79%
March 31, 2024 21.04%
Date Value
June 30, 2023 22.05%
March 31, 2023 30.83%

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

-51.79%
Minimum
Jun 2024
30.83%
Maximum
Mar 2023
5.53%
Average
21.55%
Median

Gross Profit Margin (Quarterly) Related Metrics