Electromedical Technologies Gross Margin Growth & History (EMED)

Electromedical Technologies's gross margin was 77.51% for fiscal 2023.

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Electromedical Technologies annual gross margin history

Electromedical Technologies annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20232023-12-3177.51%+0.23 pp
20222022-12-3177.28%−0.76 pp
20212021-12-3178.04%+4.38 pp
20202020-12-3173.66%+2.41 pp
20192019-12-3171.25%—

Electromedical Technologies gross margin trends

Between the periods ended 2019-12-31 and 2023-12-31, Electromedical Technologies's gross margin increased from 71.25% to 77.51%, a change of +6.26 percentage points. The latest reported quarter, Q3 2024, shows 72.06%.

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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