CitroTech annual gross margin
2022
2023
CitroTech Gross Margin Growth & History (CITR)
CitroTech's gross margin was 74.36% for fiscal 2023.
View full CitroTech company overviewCitroTech annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | 74.36% | −22.63 pp |
| 2022 | 2022-12-31 | 96.98% | — |
CitroTech quarterly gross margin
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 | 79.25% | +4.16 pp |
| Q4 2023 | 2023-12-31 | 71.42% | −24.32 pp |
| Q3 2023 | 2023-09-30 | 77.17% | −13.38 pp |
| Q2 2023 | 2023-06-30 | 82.74% | −17.26 pp |
| Q1 2023 | 2023-03-31 | 75.08% | — |
| Q4 2022 | 2022-12-31 | 95.74% | — |
| Q3 2022 | 2022-09-30 | 90.55% | — |
| Q2 2022 | 2022-06-30 | 100.00% | — |
CitroTech gross margin trends
Across the available reported history, CitroTech's gross margin decreased from 96.98% to 74.36%, a change of −22.63 percentage points. The latest reported quarter, Q1 2024, shows 79.25%.
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 CitroTech filings at SEC.gov ↗