Soligenix Gross Margin Growth & History (SNGX)

Soligenix's gross margin was 11.59% for fiscal 2023.

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Soligenix annual gross margin history

Soligenix annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20232023-12-3111.59%−30.36 pp
20222022-12-3141.95%+30.35 pp
20212021-12-3111.60%−16.29 pp
20202020-12-3127.89%−5.15 pp
20192019-12-3133.04%+16.81 pp
20182018-12-3116.23%−7.40 pp
20172017-12-3123.63%+4.35 pp
20162016-12-3119.29%−2.23 pp
20152015-12-3121.51%−3.04 pp
20142014-12-3124.55%+3.46 pp
20132013-12-3121.09%+3.55 pp
20122012-12-3117.54%−54.95 pp
20112011-12-3172.49%+56.61 pp
20102010-12-3115.88%

Soligenix gross margin trends

Over the last five reported fiscal years, Soligenix's gross margin decreased from 16.23% to 11.59%, a change of −4.64 percentage points. The latest reported quarter, Q4 2023, shows 9.50%.

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 Soligenix filings at SEC.gov ↗