Endonovo Therapeutics Gross Margin Growth & History (ENDV)

Endonovo Therapeutics's gross margin was 92.62% for fiscal 2022.

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Endonovo Therapeutics annual gross margin history

Endonovo Therapeutics annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20222022-12-3192.62%+13.12 pp
20212021-12-3179.50%+18.93 pp
20202020-12-3160.57%−9.32 pp
20192019-12-3169.89%−14.58 pp
20182018-12-3184.47%+48.48 pp
20142014-12-3135.99%

Endonovo Therapeutics gross margin trends

Over the last five reported fiscal years, Endonovo Therapeutics's gross margin increased from 35.99% to 92.62%, a change of +56.63 percentage points. The latest reported quarter, Q3 2023, shows 45.59%.

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 Endonovo Therapeutics filings at SEC.gov ↗