Enveric Biosciences Gross Margin Growth & History (ENVB)

Enveric Biosciences's gross margin was 20.42% for fiscal 2019.

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Enveric Biosciences annual gross margin history

Enveric Biosciences annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20192019-12-3120.42%−0.47 pp
20182018-12-3120.89%−0.18 pp
20172017-12-3121.07%+1.90 pp
20162016-12-3119.17%

Enveric Biosciences gross margin trends

Across the available reported history, Enveric Biosciences's gross margin decreased from 20.89% to 20.42%, a change of −0.47 percentage points. The latest reported quarter, Q3 2020, shows 22.25%.

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 Enveric Biosciences filings at SEC.gov ↗