Quest Patent Research (QPRC) Gross Margin (2011 - 2024)

Quest Patent Research's (QPRC) quarterly Gross Margin came in at 27.61% in Q3 2024, up 5871.0% year-on-year from 0.46% in Q4 2023, and down 49.35% quarter-over-quarter from 54.51% in Q2 2024.

Quest Patent Research (QPRC) Gross Margin (2011 - 2024) Analysis & Trends

Quest Patent Research has disclosed Gross Margin across 13 years of filings, most recently posting 27.61% for Q3 2024.

  • Gross Margin for Q3 2024 came in at 27.61%, up 5871.0% year-over-year; the trailing twelve-month figure through Dec 2024 was 37.68% (down 982.0% YoY), and the FY2024 annual result was 34.02%, down 1347.0% from the prior year.
  • Gross Margin came in at 27.61% for Q3 2024 at Quest Patent Research, down from 54.51% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 54.51% in Q2 2024 to a low of 31.1% in Q3 2023.
  • The 4-year median for Gross Margin is 18.68% (2022), against an average of 18.43%.
  • Across the five-year window, Gross Margin jumped 534338 bps in 2020 and slumped 7751 bps in 2023, its largest moves.
  • Quest Patent Research's Gross Margin stood at 4.6% in 2020, then plunged by 381 bps to 22.12% in 2022, then soared by 328 bps to 50.45% in 2023, then sank by 45 bps to 27.61% in 2024.
  • The last three Gross Margin figures came in at 27.61% (Q3 2024), 54.51% (Q2 2024), and 46.26% (Q1 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Cintas 70.95 Bn 70.77 Bn 1.45 Bn 50.98%
2 Copart 29.43 Bn 26.09 Bn 1.08 Bn 87.04%
3 Rb Global 20.04 Bn 19.85 Bn 869.50 Mn 70.43%
4 UL Solutions 19.54 Bn 19.30 Bn 381.00 Mn 50.26%
5 Global Payments 18.52 Bn 13.33 Bn 1.70 Bn 57.11%
6 Aramark 14.28 Bn 13.87 Bn 426.35 Mn 8.69%
7 Relx 11.84 Bn 11.60 Bn - -
8 Amentum Holdings 5.58 Bn 5.67 Bn 345.00 Mn 9.92%
9 Dolby Laboratories 5.00 Bn 4.42 Bn 350.90 Mn 88.69%
10 Quest Patent Research - - -1.71 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2024 27.61%
Jun 30, 2024 54.51%
Mar 31, 2024 46.26%
Dec 31, 2023 50.45%
Sep 30, 2023 -31.10%
Mar 31, 2023 7.17%
Dec 31, 2022 -22.12%
Sep 30, 2022 46.40%
Mar 31, 2022 9.75%
Mar 31, 2020 -4.60%
Dec 31, 2019 7.32%
Sep 30, 2019 13.21%
Jun 30, 2019 -2,739.36%
Mar 31, 2019 -5,347.98%
Dec 31, 2018 100.43%
Sep 30, 2018 -436.53%
Jun 30, 2018 -92,357.85%
Mar 31, 2018 6.79%
Dec 31, 2017 100.00%
Sep 30, 2017 -73.91%