Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 31.34%
March 31, 2024 19.12%
December 31, 2023 23.80%
September 30, 2023 13.11%
Date Value
June 30, 2023 7.91%
March 31, 2023 -64.34%
December 31, 2022 52.33%
September 30, 2022 33.66%

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

-64.34%
Minimum
Mar 2023
52.33%
Maximum
Dec 2022
14.62%
Average
21.46%
Median

Gross Profit Margin (Quarterly) Benchmarks