Item 9 Labs (INLB) Gross Margin (2016 - 2023)
Item 9 Labs' Gross Margin history spans 12 years, with the latest figure at 56.13% for Q2 2023.
- For Q2 2023, Gross Margin rose 2388.0% year-over-year to 56.13%; the TTM value through Jun 2023 reached 49.79%, up 1639.0%, while the annual FY2022 figure was 33.61%, 566.0% down from the prior year.
- Gross Margin reached 56.13% in Q2 2023 per INLB's latest filing, down from 65.66% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 65.66% in Q1 2023 to a low of 16.14% in Q3 2022.
- Average Gross Margin over 5 years is 42.35%, with a median of 44.67% recorded in 2021.
- Peak YoY movement for Gross Margin: surged 4039bps in 2019, then tumbled -2635bps in 2021.
- A 5-year view of Gross Margin shows it stood at 31.69% in 2019, then surged by 49bps to 47.09% in 2020, then fell by -18bps to 38.78% in 2021, then surged by 35bps to 52.4% in 2022, then rose by 7bps to 56.13% in 2023.
- Per Business Quant, the three most recent readings for INLB's Gross Margin are 56.13% (Q2 2023), 65.66% (Q1 2023), and 52.4% (Q4 2022).