GBT Technologies Inc. (GTCH) Gross Margin (2010 - 2023)
GBT Technologies (GTCH) reported Gross Margin of -13.25% for Q2 2023, down 61.22 percentage points from 47.98% a year earlier and down 32.39 percentage points from the prior quarter.
GBT Technologies Inc. (GTCH) Gross Margin (2010 - 2023) Analysis & Trends
For FY2022, GBT Technologies posted Gross Margin of 100.00%, unchanged from FY2021.
- Gross Margin has a five-year change of +94.12 percentage points (FY2017 to FY2022).
- By year, Gross Margin came in at 100.00% in FY2021, 5.28% in FY2019 (-2.51 pp) and 7.79% in FY2018 (+1.91 pp).
- The Q2 2023 figure ranks as the lowest quarterly Gross Margin in data going back to Q3 2010.
- The high point for year-over-year Gross Margin in five years was Q3 2019 (a gain of 535.03 percentage points); the low point was Q1 2022 (a drop of 77.41 percentage points).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | -13.25% |
| Mar 31, 2023 | 19.14% |
| Sep 30, 2022 | 100.00% |
| Jun 30, 2022 | 47.98% |
| Mar 31, 2022 | 22.59% |
| Dec 31, 2021 | 100.00% |
| Sep 30, 2021 | 100.00% |
| Mar 31, 2021 | 100.00% |
| Jun 30, 2020 | 5.37% |
| Mar 31, 2020 | 6.10% |
| Dec 31, 2019 | 1.42% |
| Sep 30, 2019 | 548.79% |
| Jun 30, 2019 | 4.46% |
| Mar 31, 2019 | 5.76% |
| Dec 31, 2018 | 3.61% |
| Sep 30, 2018 | 13.76% |
| Jun 30, 2018 | 4.06% |
| Mar 31, 2018 | 2.54% |
| Dec 31, 2017 | 3.31% |
| Sep 30, 2017 | 6.65% |
GBT Technologies Inc. Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=GTCH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "GTCH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=GTCH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();