Aquabounty Technologies (AQB) Gross Margin (2017 - 2024)
Aquabounty Technologies' Gross Margin history spans 8 years, with the latest figure at 7.62% for Q3 2024.
- For Q3 2024, Gross Margin rose 46633.0% year-over-year to 7.62%; the TTM value through Sep 2024 reached 942.99%, up 80839.0%, while the annual FY2023 figure was 73.73%, 1003.0% up from the prior year.
- Gross Margin reached 7.62% in Q3 2024 per AQB's latest filing, down from 55.77% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 2074.85% in Q4 2022 to a low of 35198.85% in Q2 2020.
- Average Gross Margin over 5 years is 2441.43%, with a median of 141.38% recorded in 2021.
- Peak YoY movement for Gross Margin: plummeted -3505550bps in 2020, then surged 3505747bps in 2021.
- A 5-year view of Gross Margin shows it stood at 301.54% in 2020, then skyrocketed by 645bps to 1644.64% in 2021, then grew by 26bps to 2074.85% in 2022, then dropped by -1bps to 2051.48% in 2023, then tumbled by -100bps to 7.62% in 2024.
- Per Business Quant, the three most recent readings for AQB's Gross Margin are 7.62% (Q3 2024), 55.77% (Q2 2024), and 86.67% (Q1 2024).