Palatin Technologies Gross Margin Growth & History (PTN)

Palatin Technologies's gross margin was 97.83% for fiscal 2024.

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Palatin Technologies annual gross margin history

Palatin Technologies annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20242024-06-3097.83%+6.45 pp
20232023-06-3091.38%+6.19 pp
20222022-06-3085.19%
20202020-06-30100.00%

Palatin Technologies gross margin trends

Between the periods ended 2020-06-30 and 2024-06-30, Palatin Technologies's gross margin decreased from 100.00% to 97.83%, a change of −2.17 percentage points. The latest reported quarter, Q4 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.

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