Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 -5.02%
June 30, 2024 4.68%
March 31, 2024 5.26%
December 31, 2023 78.98%
September 30, 2023 7.50%
June 30, 2023 11.52%
March 31, 2023 18.13%
December 31, 2022 16.43%
September 30, 2022 37.84%
June 30, 2022 40.46%
Date Value
March 31, 2022 41.36%
December 31, 2021 36.14%
September 30, 2021 39.10%
June 30, 2021 39.91%
March 31, 2021 46.39%
December 31, 2020 52.89%
September 30, 2020 28.02%
June 30, 2020 40.42%
March 31, 2020 43.84%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

-5.02%
Minimum
Sep 2024
78.98%
Maximum
Dec 2023
30.73%
Average
37.84%
Median
Sep 2022

Gross Profit Margin (Quarterly) Benchmarks

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