Quest Water Global Gross Margin Growth & History (QWTR)

Quest Water Global's gross margin was 24.82% for fiscal 2021.

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Quest Water Global annual gross margin history

Quest Water Global annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20212021-12-3124.82%−75.18 pp
20112011-12-31100.00%+100.76 pp
20102010-12-31−0.76%

Quest Water Global gross margin trends

Across the available reported history, Quest Water Global's gross margin decreased from 100.00% to 24.82%, a change of −75.18 percentage points. The latest reported quarter, Q3 2021, shows −32.91%.

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 Quest Water Global filings at SEC.gov ↗