Veea Inc (VEEA)
2.49
-0.33
(-11.70%)
USD |
NASDAQ |
Nov 21, 16:00
2.41
-0.08
(-3.21%)
After-Hours: 04:24
Veea Gross Profit Margin (Quarterly): 70.41% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 70.41% |
| June 30, 2024 | 24.76% |
| Date | Value |
|---|---|
| September 30, 2023 | 99.73% |
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.
Gross Profit Margin (Quarterly) Range, Past 5 Years
24.76%
Minimum
Jun 2024
99.73%
Maximum
Sep 2023
64.97%
Average
70.41%
Median
Sep 2024
Gross Profit Margin (Quarterly) Benchmarks
| Cantaloupe Inc | 40.73% |
| N-able Inc | 82.91% |
| Aurora Innovation Inc | -- |
| ALT5 Sigma Corp | 47.78% |
| AtlasClear Holdings Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Profit Margin (Quarterly) | -65.75K% |
| Operating Margin (Quarterly) | -2.38K% |