HiTek Global annual gross margin
2018
2019
2020
2021
2022
2023
2024
2025
HiTek Global's gross margin was 10.56% for fiscal 2025.
View full HiTek Global company overview| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 10.56% | −24.06 pp |
| 2024 | 2024-12-31 | 34.63% | −7.47 pp |
| 2023 | 2023-12-31 | 42.10% | −12.92 pp |
| 2022 | 2022-12-31 | 55.02% | −5.03 pp |
| 2021 | 2021-12-31 | 60.05% | +5.42 pp |
| 2020 | 2020-12-31 | 54.63% | +0.62 pp |
| 2019 | 2019-12-31 | 54.01% | −2.04 pp |
| 2018 | 2018-12-31 | 56.05% | — |
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|
Over the last five reported fiscal years, HiTek Global's gross margin decreased from 54.63% to 10.56%, a change of −44.07 percentage points.
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.
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 HiTek Global filings at SEC.gov ↗