Patriot Gold Gross Margin Growth & History (PGOL)

Patriot Gold's gross margin was −2.25% for fiscal 2024.

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Patriot Gold annual gross margin history

Patriot Gold annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20242024-12-31−2.25%−80.17 pp
20232023-12-3177.92%−16.41 pp
20222022-12-3194.32%—

Patriot Gold gross margin trends

Between the periods ended 2022-12-31 and 2024-12-31, Patriot Gold's gross margin decreased from 94.32% to −2.25%, a change of −96.57 percentage points. The latest reported quarter, Q2 2026, shows 99.21%.

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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