Aquabounty Technologies (AQB) Gross Margin (2017 - 2024)
Aquabounty Technologies (AQB) reported Gross Margin of 7.62% for Q3 2024, down 6621.0% on a YoY basis from 0.12% in Q4 2023, and down 86.33% quarter-over-quarter from 55.77% in Q2 2024.
Aquabounty Technologies (AQB) Gross Margin (2017 - 2024) Analysis & Trends
Aquabounty Technologies has reported Gross Margin for 8 years, with the latest figure at 7.62% in Q3 2024.
- For the quarter ending Q3 2024, Gross Margin fell 6621.0% year-over-year to 7.62%; the trailing twelve-month figure through Sep 2024 stood at 942.99% (up 170316.0% YoY), and the FY2023 full-year result was 73.73%, up 40826.0% from the prior year.
- Gross Margin for Q3 2024 stood at 7.62%, down from 55.77% in the prior quarter.
- The five-year high for Gross Margin was 5489.29% in Q4 2020, with the low at 4558.78% in Q2 2020.
- Historically, Gross Margin has averaged 188.03% across 5 years, with a median of 203.83% in 2022.
- Annual changes were most pronounced in 2020 — Gross Margin jumped 609536 bps — and 2022, when it tumbled 439361 bps.
- Aquabounty Technologies' Gross Margin stood at 5489.29% in 2020, then plunged by 70 bps to 1644.64% in 2021, then sank by 267 bps to 2748.98% in 2022, then surged by 175 bps to 2051.48% in 2023, then plunged by 100 bps to 7.62% in 2024.
- The last three Gross Margin figures came in at 7.62% (Q3 2024), 55.77% (Q2 2024), and 86.67% (Q1 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 36.33 Bn | 35.72 Bn | 1.22 Bn | 5.96% |
| 2 | Bunge Global | 21.79 Bn | 22.33 Bn | 766.00 Mn | 3.50% |
| 3 | Tyson Foods | 3.86 Bn | 3.46 Bn | 962.00 Mn | 7.05% |
| 4 | Cal-Maine Foods | 3.68 Bn | 3.29 Bn | 119.28 Mn | 17.88% |
| 5 | Adecoagro | 2.04 Bn | 1.74 Bn | 97.80 Mn | 24.53% |
| 6 | Dole | 1.33 Bn | 1.17 Bn | 184.99 Mn | 7.90% |
| 7 | Fresh Del Monte Produce | 1.30 Bn | 1.25 Bn | 89.00 Mn | 8.52% |
| 8 | Vital Farms | 463.27 Mn | 426.30 Mn | 53.01 Mn | 28.32% |
| 9 | Alico | 310.30 Mn | 262.17 Mn | -4.59 Mn | -85.92% |
| 10 | Aquabounty Technologies | 4.56 Mn | 4.12 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 7.62% |
| Jun 30, 2024 | 55.77% |
| Mar 31, 2024 | 86.67% |
| Dec 31, 2023 | 2,051.48% |
| Sep 30, 2023 | 73.83% |
| Jun 30, 2023 | -380.81% |
| Mar 31, 2023 | -794.63% |
| Dec 31, 2022 | -2,748.98% |
| Sep 30, 2022 | 71.47% |
| Jun 30, 2022 | -203.83% |
| Mar 31, 2022 | 74.29% |
| Dec 31, 2021 | 1,644.64% |
| Sep 30, 2021 | -846.65% |
| Jun 30, 2021 | -712.51% |
| Mar 31, 2021 | -328.43% |
| Dec 31, 2020 | 5,489.29% |
| Sep 30, 2020 | -1,901.00% |
| Jun 30, 2020 | -4,558.78% |
| Mar 31, 2020 | -652.08% |
| Dec 31, 2019 | -606.08% |