Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 -5.60%
March 31, 2024 -8.40%
December 31, 2023 -7.33%
September 30, 2023 1.47%
June 30, 2023 -2.38%
March 31, 2023 -4.67%
December 31, 2022 -1.58%
September 30, 2022 0.19%
Date Value
June 30, 2022 0.11%
March 31, 2022 -6.56%
December 31, 2021 -3.66%
September 30, 2021 1.60%
June 30, 2021 5.92%
March 31, 2021 5.09%
December 31, 2020 3.48%
September 30, 2020 4.48%

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

-8.40%
Minimum
Mar 2024
5.92%
Maximum
Jun 2021
-1.11%
Average
-0.73%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics