HiTek Global Gross Margin Growth & History (HKIT)

HiTek Global's gross margin was 10.56% for fiscal 2025.

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HiTek Global annual gross margin history

HiTek Global annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20252025-12-3110.56%−24.06 pp
20242024-12-3134.63%−7.47 pp
20232023-12-3142.10%−12.92 pp
20222022-12-3155.02%−5.03 pp
20212021-12-3160.05%+5.42 pp
20202020-12-3154.63%+0.62 pp
20192019-12-3154.01%−2.04 pp
20182018-12-3156.05%

HiTek Global gross margin trends

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.

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 HiTek Global filings at SEC.gov ↗