Cyber Enviro-Tech annual gross margin
2022
2023
Cyber Enviro-Tech Gross Margin Growth & History (CETI)
Cyber Enviro-Tech's gross margin was 73.96% for fiscal 2023.
View full Cyber Enviro-Tech company overviewCyber Enviro-Tech annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | 73.96% | −0.38 pp |
| 2022 | 2022-12-31 | 74.34% | — |
Cyber Enviro-Tech quarterly gross margin
Q3.22
Q3.23
Q3.24
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2024 | 2024-09-30 | 50.64% | −22.67 pp |
| Q3 2023 | 2023-09-30 | 73.31% | −1.18 pp |
| Q3 2022 | 2022-09-30 | 74.49% | — |
Cyber Enviro-Tech gross margin trends
Between the periods ended 2022-12-31 and 2023-12-31, Cyber Enviro-Tech's gross margin decreased from 74.34% to 73.96%, a change of −0.38 percentage points. The latest reported quarter, Q3 2024, shows 50.64%.
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.
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