Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 37.67%
June 30, 2024 19.69%
March 31, 2024 94.89%
December 31, 2023 84.53%
September 30, 2023 95.03%
June 30, 2023 92.01%
March 31, 2023 96.06%
December 31, 2022 98.91%
September 30, 2022 95.09%
June 30, 2022 96.08%
March 31, 2022 99.80%
Date Value
December 31, 2021 97.71%
September 30, 2021
June 30, 2021 91.66%
March 31, 2021 91.75%
December 31, 2020
September 30, 2020
June 30, 2020 90.71%
March 31, 2020 68.26%
December 31, 2019 -41.35%
September 30, 2019 91.28%

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

-41.35%
Minimum
Dec 2019
99.80%
Maximum
Mar 2022
76.97%
Average
92.01%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

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