IIOT-OXYS, Inc. (ITOX) Gross Margin (2017 - 2024)

Iiot-Oxys (ITOX) has reported Gross Margin for 8 consecutive years, with 15.0% the latest figure, recorded in Q1 2024.

• On a quarterly basis, Gross Margin fell 4581.0% year-over-year to 15.0% in Q1 2024; TTM through Dec 2024 was 15.0%, a 1816.0% decrease from a year earlier, with the FY2024 full-year figure at 15.0%, down 1816.0% from the prior year.
• Gross Margin was 15.0% for Q1 2024 at Iiot-Oxys, up from 182.75% in the prior quarter.
• Over five years, Gross Margin peaked at 96.91% in Q2 2022 and troughed at 182.75% in Q4 2023.
• A 5-year average of 42.12% and a median of 75.29% in 2023 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin jumped 10879 bps in 2021 and slumped 27294 bps in 2023, its largest moves.
• Over 5 years, Gross Margin stood at 21.54% in 2020, then jumped by 505 bps to 87.25% in 2021, then grew by 3 bps to 90.18% in 2022, then sank by 303 bps to 182.75% in 2023, then surged by 108 bps to 15.0% in 2024.
• The last three Gross Margin figures came in at 15.0% (Q1 2024), 182.75% (Q4 2023), and 75.29% (Q3 2023), per Business Quant data.