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Franklin Wireless (FKWL) Gross Margin (2016 - 2024)

Franklin Wireless (FKWL) has disclosed Gross Margin for 15 consecutive years, with 8.38% as the latest value for Q1 2024.

  • Quarterly Gross Margin fell 888.0% to 8.38% in Q1 2024 from the year-ago period, while the trailing twelve-month figure was 12.72% through Mar 2024, down 532.0% year-over-year, with the annual reading at 15.28% for FY2023, 62.0% down from the prior year.
  • Gross Margin hit 8.38% in Q1 2024 for Franklin Wireless, down from 9.46% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 20.33% in Q1 2022 to a low of 8.38% in Q1 2024.
  • Historically, Gross Margin has averaged 15.76% across 5 years, with a median of 17.06% in 2020.
  • Biggest five-year swings in Gross Margin: skyrocketed 456bps in 2020 and later plummeted -945bps in 2022.
  • Year by year, Gross Margin stood at 17.05% in 2020, then rose by 17bps to 19.98% in 2021, then crashed by -47bps to 10.53% in 2022, then fell by -10bps to 9.46% in 2023, then decreased by -11bps to 8.38% in 2024.
  • Business Quant data shows Gross Margin for FKWL at 8.38% in Q1 2024, 9.46% in Q4 2023, and 15.67% in Q3 2023.