Nitches annual gross margin
2022
2023
2024
Nitches Gross Margin Growth & History (NICH)
Nitches's gross margin was −3,038.18% for fiscal 2024.
View full Nitches company overviewNitches annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-08-31 | −3,038.18% | −2632.64 pp |
| 2023 | 2023-08-31 | −405.54% | +247.84 pp |
| 2022 | 2022-08-31 | −653.38% | — |
Nitches quarterly gross margin
Q3.22
Q1.23
Q2.23
Q3.23
Q4.23
Q2.24
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2024 | 2024-02-29 | 65.13% | +659.25 pp |
| Q4 2023 | 2023-08-31 | −1,727.75% | — |
| Q3 2023 | 2023-05-31 | −564.07% | −604.24 pp |
| Q2 2023 | 2023-02-28 | −594.11% | — |
| Q1 2023 | 2022-11-30 | 94.17% | — |
| Q3 2022 | 2022-05-31 | 40.17% | — |
Nitches gross margin trends
Between the periods ended 2022-08-31 and 2024-08-31, Nitches's gross margin decreased from −653.38% to −3,038.18%, a change of −2384.80 percentage points. The latest reported quarter, Q2 2024, shows 65.13%.
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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