Innovation Beverage Group annual gross margin
2021
2022
2023
2024
Innovation Beverage Group Gross Margin Growth & History (IBG)
Innovation Beverage Group's gross margin was 76.14% for fiscal 2024.
View full Innovation Beverage Group company overviewInnovation Beverage Group annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | 76.14% | +10.88 pp |
| 2023 | 2023-12-31 | 65.27% | +12.17 pp |
| 2022 | 2022-12-31 | 53.10% | −13.40 pp |
| 2021 | 2021-12-31 | 66.49% | — |
Innovation Beverage Group gross margin trends
Between the periods ended 2021-12-31 and 2024-12-31, Innovation Beverage Group's gross margin increased from 66.49% to 76.14%, a change of +9.65 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.
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