1606 annual gross margin
2020
2021
2022
2023
2024
1606 Gross Margin Growth & History (CBDW)
1606's gross margin was −1.64% for fiscal 2024.
View full 1606 company overview1606 annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | −1.64% | −39.57 pp |
| 2023 | 2023-12-31 | 37.93% | +29.45 pp |
| 2022 | 2022-12-31 | 8.48% | −27.84 pp |
| 2021 | 2021-12-31 | 36.32% | +12.65 pp |
| 2020 | 2020-12-31 | 23.67% | — |
1606 quarterly gross margin
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q1 2024 | 2024-03-31 | −1.64% | +3.06 pp |
| Q4 2023 | 2023-12-31 | 7,523.53% | +8224.21 pp |
| Q3 2023 | 2023-09-30 | 100.00% | +65.92 pp |
| Q2 2023 | 2023-06-30 | −1,069.74% | −1136.14 pp |
| Q1 2023 | 2023-03-31 | −4.70% | −68.85 pp |
| Q4 2022 | 2022-12-31 | −700.68% | −783.36 pp |
| Q3 2022 | 2022-09-30 | 34.08% | +27.43 pp |
| Q2 2022 | 2022-06-30 | 66.41% | +38.97 pp |
| Q1 2022 | 2022-03-31 | 64.15% | +40.15 pp |
| Q4 2021 | 2021-12-31 | 82.67% | — |
| Q3 2021 | 2021-09-30 | 6.65% | — |
| Q2 2021 | 2021-06-30 | 27.44% | — |
| Q1 2021 | 2021-03-31 | 24.00% | — |
1606 gross margin trends
Across the available reported history, 1606's gross margin decreased from 37.93% to −1.64%, a change of −39.57 percentage points. The latest reported quarter, Q1 2024, shows −1.64%.
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 1606 filings at SEC.gov ↗