GD Culture Group annual gross margin
2017
2018
2019
2020
2021
2022
GD Culture Group Gross Margin Growth & History (GDC)
GD Culture Group's gross margin was 36.22% for fiscal 2022.
View full GD Culture Group company overviewGD Culture Group annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2022 | 2022-12-31 | 36.22% | +3.26 pp |
| 2021 | 2021-12-31 | 32.96% | −63.48 pp |
| 2020 | 2020-12-31 | 96.44% | +6.98 pp |
| 2019 | 2019-12-31 | 89.46% | −7.00 pp |
| 2018 | 2018-12-31 | 96.46% | −0.56 pp |
| 2017 | 2017-12-31 | 97.02% | — |
GD Culture Group quarterly gross margin
Q1.17
Q2.17
Q3.17
Q1.18
Q2.18
Q3.18
Q1.19
Q2.19
Q1.20
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.23
Q2.23
Q3.23
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2023 | 2023-09-30 | 175.24% | +132.63 pp |
| Q2 2023 | 2023-06-30 | 72.53% | −23.06 pp |
| Q1 2023 | 2023-03-31 | 25.51% | −74.35 pp |
| Q4 2021 | 2021-12-31 | −9.11% | −7.06 pp |
| Q3 2021 | 2021-09-30 | 42.60% | −41.02 pp |
| Q2 2021 | 2021-06-30 | 95.60% | +92.07 pp |
| Q1 2021 | 2021-03-31 | 99.86% | +55.09 pp |
| Q3 2020 | 2020-09-30 | −2.05% | −52.58 pp |
| Q2 2020 | 2020-06-30 | 83.62% | −16.62 pp |
| Q1 2020 | 2020-03-31 | 3.53% | −417.82 pp |
| Q2 2019 | 2019-06-30 | 44.77% | −137.27 pp |
| Q1 2019 | 2019-03-31 | 50.54% | −21.77 pp |
| Q3 2018 | 2018-09-30 | 100.24% | −16.34 pp |
| Q2 2018 | 2018-06-30 | 421.36% | +368.29 pp |
| Q1 2018 | 2018-03-31 | 182.04% | — |
| Q3 2017 | 2017-09-30 | 72.31% | — |
| Q2 2017 | 2017-06-30 | 116.58% | — |
| Q1 2017 | 2017-03-31 | 53.07% | — |
GD Culture Group gross margin trends
Over the last five reported fiscal years, GD Culture Group's gross margin decreased from 97.02% to 36.22%, a change of −60.80 percentage points. The latest reported quarter, Q3 2023, shows 175.24%.
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 GD Culture Group filings at SEC.gov ↗