Sigyn Therapeutics Gross Margin Growth & History (SIGY)
Sigyn Therapeutics's gross margin was 75.12% for fiscal 2019.
View full Sigyn Therapeutics company overviewSigyn Therapeutics annual gross margin history
2014
2015
2017
2018
2019
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2019 | 2019-12-31 | 75.12% | +9.38 pp |
| 2018 | 2018-12-31 | 65.74% | +21.50 pp |
| 2017 | 2017-12-31 | 44.24% | — |
| 2015 | 2015-12-31 | 66.00% | +24.51 pp |
| 2014 | 2014-12-31 | 41.49% | — |
Sigyn Therapeutics quarterly gross margin
Q3.14
Q1.15
Q2.15
Q1.17
Q2.17
Q3.17
Q1.18
Q2.18
Q3.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q3.20
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2020 | 2020-09-30 | 53.08% | −21.97 pp |
| Q1 2020 | 2020-03-31 | 65.21% | −12.53 pp |
| Q4 2019 | 2019-12-31 | 70.50% | — |
| Q3 2019 | 2019-09-30 | 75.05% | −10.96 pp |
| Q2 2019 | 2019-06-30 | 73.84% | −26.16 pp |
| Q1 2019 | 2019-03-31 | 77.74% | +19.56 pp |
| Q3 2018 | 2018-09-30 | 86.00% | +24.47 pp |
| Q2 2018 | 2018-06-30 | 100.00% | +42.83 pp |
| Q1 2018 | 2018-03-31 | 58.18% | −13.56 pp |
| Q3 2017 | 2017-09-30 | 61.53% | — |
| Q2 2017 | 2017-06-30 | 57.17% | — |
| Q1 2017 | 2017-03-31 | 71.74% | — |
| Q2 2015 | 2015-06-30 | 62.42% | — |
| Q1 2015 | 2015-03-31 | 72.13% | — |
| Q3 2014 | 2014-09-30 | 65.08% | — |
Sigyn Therapeutics gross margin trends
Over the last five fiscal years, Sigyn Therapeutics's gross margin increased from 41.49% to 75.12%, a change of +33.63 percentage points. The latest reported quarter, Q3 2020, shows 53.08%.
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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