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| Date | Value |
|---|---|
| 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% |