Digital Brands (DBGI) Gross Margin (2020 - 2024)
Digital Brands' Gross Margin history spans 5 years, with the latest figure at 45.95% for Q3 2024.
- For Q3 2024, Gross Margin fell 634.0% year-over-year to 45.95%; the TTM value through Sep 2024 reached 40.25%, down 718.0%, while the annual FY2023 figure was 43.87%, 957.0% up from the prior year.
- Gross Margin reached 45.95% in Q3 2024 per DBGI's latest filing, roughly flat from 45.9% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 55.89% in Q3 2021 to a low of 50.82% in Q1 2021.
- Average Gross Margin over 5 years is 25.19%, with a median of 39.32% recorded in 2021.
- The largest YoY upside for Gross Margin was 9597bps in 2021 against a maximum downside of -10336bps in 2021.
- A 5-year view of Gross Margin shows it stood at 4.84% in 2020, then soared by 343bps to 11.77% in 2021, then skyrocketed by 205bps to 35.88% in 2022, then plummeted by -49bps to 18.33% in 2023, then skyrocketed by 151bps to 45.95% in 2024.
- Per Business Quant, the three most recent readings for DBGI's Gross Margin are 45.95% (Q3 2024), 45.9% (Q2 2024), and 48.11% (Q1 2024).