GBT Technologies Inc. (GTCH) Gross Margin (2010 - 2023)

GBT Technologies' (GTCH) quarterly Gross Margin came in at 13.91% in Q4 2023, down 5.01% on a QoQ basis from 13.25% in Q2 2023.

GBT Technologies Inc. (GTCH) Gross Margin (2010 - 2023) Analysis & Trends

GBT Technologies (GTCH) has 12 years of Gross Margin data on file, last reported at 13.91% in Q4 2023.

Quarterly Gross Margin changed N/A year-over-year to 13.91% in Q4 2023, while the trailing twelve-month figure through Sep 2023 was 6.95% (down 5185.0% YoY) and the FY2022 annual result came in at 100.0%, changed 0.0% from the prior year.
Gross Margin eased to 13.91% in Q4 2023, from 13.25% in the prior quarter.
In the past five years, Gross Margin ranged from a high of 602.34% in Q4 2019 to a low of 523.87% in Q4 2020.
A 5-year average of 192.0% and a median of 100.0% in 2021 frame the typical range for Gross Margin.
Annual changes were most pronounced in 2020 — Gross Margin slumped 112620 bps — and 2021, when it surged 62387 bps.
Tracing GTCH's Gross Margin over 5 years: stood at 602.34% in 2019, then sank by 187 bps to 523.87% in 2020, then surged by 119 bps to 100.0% in 2021, then changed by 0 bps to 100.0% in 2022, then sank by 114 bps to 13.91% in 2023.
The last three Gross Margin figures came in at 13.91% (Q4 2023), 13.25% (Q2 2023), and 19.14% (Q1 2023), per Business Quant data.

Download Data