Accredited Solutions annual gross margin
2019
2020
2022
2023
Accredited Solutions Gross Margin Growth & History (ASII)
Accredited Solutions's gross margin was 20.04% for fiscal 2023.
View full Accredited Solutions company overviewAccredited Solutions annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | 20.04% | +0.35 pp |
| 2022 | 2022-12-31 | 19.69% | — |
| 2020 | 2020-12-31 | 17.55% | +2.09 pp |
| 2019 | 2019-12-31 | 15.46% | — |
Accredited Solutions quarterly gross margin
Q2.19
Q3.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2024 | 2024-09-30 | 21.28% | −4.80 pp |
| Q2 2024 | 2024-06-30 | 47.46% | +20.78 pp |
| Q1 2024 | 2024-03-31 | −9.07% | −25.87 pp |
| Q4 2023 | 2023-12-31 | 6.60% | −8.14 pp |
| Q3 2023 | 2023-09-30 | 26.08% | +6.68 pp |
| Q2 2023 | 2023-06-30 | 26.68% | −0.72 pp |
| Q1 2023 | 2023-03-31 | 16.80% | — |
| Q4 2022 | 2022-12-31 | 14.74% | — |
| Q3 2022 | 2022-09-30 | 19.39% | — |
| Q2 2022 | 2022-06-30 | 27.40% | +19.50 pp |
| Q2 2021 | 2021-06-30 | 7.90% | −23.54 pp |
| Q1 2021 | 2021-03-31 | 24.86% | +21.22 pp |
| Q4 2020 | 2020-12-31 | −62.35% | — |
| Q3 2020 | 2020-09-30 | 23.84% | +25.42 pp |
| Q2 2020 | 2020-06-30 | 31.44% | +31.97 pp |
| Q1 2020 | 2020-03-31 | 3.64% | — |
| Q3 2019 | 2019-09-30 | −1.58% | — |
| Q2 2019 | 2019-06-30 | −0.52% | — |
Accredited Solutions gross margin trends
Between the periods ended 2019-12-31 and 2023-12-31, Accredited Solutions's gross margin increased from 15.46% to 20.04%, a change of +4.58 percentage points. The latest reported quarter, Q3 2024, shows 21.28%.
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.
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