Nixxy annual gross margin
2019
2020
2021
2022
2023
Nixxy Gross Margin Growth & History (NIXX)
Nixxy's gross margin was 14.64% for fiscal 2023.
View full Nixxy company overviewNixxy annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | 14.64% | −21.01 pp |
| 2022 | 2022-12-31 | 35.65% | +2.86 pp |
| 2021 | 2021-12-31 | 32.79% | +4.98 pp |
| 2020 | 2020-12-31 | 27.81% | +1.97 pp |
| 2019 | 2019-12-31 | 25.84% | — |
Nixxy quarterly gross margin
Q1.19
Q2.19
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2024 | 2024-09-30 | 100.00% | +137.10 pp |
| Q2 2024 | 2024-06-30 | 100.00% | +55.27 pp |
| Q1 2024 | 2024-03-31 | 98.64% | +69.40 pp |
| Q4 2023 | 2023-12-31 | −214.91% | −219.73 pp |
| Q3 2023 | 2023-09-30 | −37.10% | −69.70 pp |
| Q2 2023 | 2023-06-30 | 44.73% | +3.55 pp |
| Q1 2023 | 2023-03-31 | 29.23% | −9.94 pp |
| Q4 2022 | 2022-12-31 | 4.82% | −26.52 pp |
| Q3 2022 | 2022-09-30 | 32.59% | −4.23 pp |
| Q2 2022 | 2022-06-30 | 41.18% | +8.43 pp |
| Q1 2022 | 2022-03-31 | 39.17% | +10.43 pp |
| Q4 2021 | 2021-12-31 | 31.33% | −0.78 pp |
| Q3 2021 | 2021-09-30 | 36.82% | +5.97 pp |
| Q2 2021 | 2021-06-30 | 32.75% | +9.27 pp |
| Q1 2021 | 2021-03-31 | 28.74% | +4.45 pp |
| Q4 2020 | 2020-12-31 | 32.11% | +10.09 pp |
| Q3 2020 | 2020-09-30 | 30.85% | +7.52 pp |
| Q2 2020 | 2020-06-30 | 23.48% | −2.40 pp |
| Q1 2020 | 2020-03-31 | 24.29% | −75.71 pp |
| Q4 2019 | 2019-12-31 | 22.02% | −77.98 pp |
| Q3 2019 · Sep 30 | 2019-09-30 | 23.33% | −76.67 pp |
| Q2 2019 · Jun 30 | 2019-06-30 | 25.88% | — |
| Q1 2019 · Mar 31 | 2019-03-31 | 100.00% | — |
| Q2 2019 · Sep 30 | 2018-09-30 | 100.00% | — |
| Q1 2019 · Jun 30 | 2018-06-30 | 100.00% | — |
Nixxy gross margin trends
Across the available reported history, Nixxy's gross margin decreased from 35.65% to 14.64%, a change of −21.01 percentage points. The latest reported quarter, Q3 2024, shows 100.00%.
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 Nixxy filings at SEC.gov ↗