Palatin Technologies Gross Margin Growth & History (PTN)
Palatin Technologies's gross margin was 97.83% for fiscal 2024.
View full Palatin Technologies company overviewPalatin Technologies annual gross margin history
2020
2022
2023
2024
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-06-30 | 97.83% | +6.45 pp |
| 2023 | 2023-06-30 | 91.38% | +6.19 pp |
| 2022 | 2022-06-30 | 85.19% | — |
| 2020 | 2020-06-30 | 100.00% | — |
Palatin Technologies quarterly gross margin
Q1.20
Q2.20
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q4.24
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q4 2024 | 2024-06-30 | 100.00% | +5.90 pp |
| Q2 2024 | 2023-12-31 | 95.20% | +4.82 pp |
| Q1 2024 | 2023-09-30 | 100.00% | +9.95 pp |
| Q4 2023 | 2023-06-30 | 94.10% | +5.45 pp |
| Q3 2023 | 2023-03-31 | 89.19% | +10.90 pp |
| Q2 2023 | 2022-12-31 | 90.38% | −0.56 pp |
| Q1 2023 | 2022-09-30 | 90.05% | +23.87 pp |
| Q4 2022 | 2022-06-30 | 88.65% | +10.22 pp |
| Q3 2022 | 2022-03-31 | 78.29% | +40.77 pp |
| Q2 2022 | 2021-12-31 | 90.94% | — |
| Q1 2022 | 2021-09-30 | 66.18% | — |
| Q4 2021 | 2021-06-30 | 78.42% | — |
| Q3 2021 | 2021-03-31 | 37.53% | — |
| Q2 2020 | 2019-12-31 | 100.00% | — |
| Q1 2020 | 2019-09-30 | 100.00% | — |
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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