Sphere 3D annual gross margin
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
Sphere 3D Gross Margin Growth & History (ANY)
Sphere 3D's gross margin was 27.22% for fiscal 2023.
View full Sphere 3D company overviewSphere 3D annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | 27.22% | −16.56 pp |
| 2022 | 2022-12-31 | 43.77% | −1.87 pp |
| 2021 | 2021-12-31 | 45.65% | −0.75 pp |
| 2020 | 2020-12-31 | 46.39% | +13.16 pp |
| 2019 | 2019-12-31 | 33.23% | +14.64 pp |
| 2018 | 2018-12-31 | 18.59% | −6.37 pp |
| 2017 | 2017-12-31 | 24.96% | −4.28 pp |
| 2016 | 2016-12-31 | 29.24% | −0.46 pp |
| 2015 | 2015-12-31 | 29.70% | −9.92 pp |
| 2014 | 2014-12-31 | 39.62% | — |
Sphere 3D quarterly gross margin
Q1.17
Q2.17
Q3.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q2.22
Q3.22
Q1.23
Q2.23
Q3.23
Q4.23
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q4 2023 | 2023-12-31 | 36.48% | −0.91 pp |
| Q3 2023 | 2023-09-30 | 21.16% | −28.87 pp |
| Q2 2023 | 2023-06-30 | 21.64% | −17.73 pp |
| Q1 2023 | 2023-03-31 | 25.21% | −34.79 pp |
| Q3 2022 | 2022-09-30 | 37.39% | −12.22 pp |
| Q2 2022 | 2022-06-30 | 50.03% | +4.18 pp |
| Q4 2020 | 2020-12-31 | 39.38% | +1.01 pp |
| Q3 2020 | 2020-09-30 | 60.00% | +24.55 pp |
| Q2 2020 | 2020-06-30 | 49.61% | +24.17 pp |
| Q1 2020 | 2020-03-31 | 45.84% | +13.21 pp |
| Q4 2019 | 2019-12-31 | 38.37% | +16.85 pp |
| Q3 2019 | 2019-09-30 | 35.45% | +20.75 pp |
| Q2 2019 | 2019-06-30 | 25.44% | +7.91 pp |
| Q1 2019 | 2019-03-31 | 32.63% | +13.96 pp |
| Q4 2018 | 2018-12-31 | 21.52% | −9.53 pp |
| Q3 2018 | 2018-09-30 | 14.70% | −13.01 pp |
| Q2 2018 | 2018-06-30 | 17.53% | −13.89 pp |
| Q1 2018 | 2018-03-31 | 18.67% | — |
| Q3 2017 | 2017-09-30 | 31.06% | — |
| Q2 2017 | 2017-06-30 | 27.71% | — |
| Q1 2017 | 2017-03-31 | 31.42% | — |
Sphere 3D gross margin trends
Over the last five reported fiscal years, Sphere 3D's gross margin increased from 18.59% to 27.22%, a change of +8.62 percentage points. The latest reported quarter, Q4 2023, shows 36.48%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Sphere 3D filings at SEC.gov ↗