Reed'S, Inc. (REED) Gross Margin (2010 - 2024)
Reed'S (REED) posted Gross Margin of 17.99% for Q3 2024, down 16.02 percentage points from 34.02% a year earlier and down 14.27 percentage points from the prior quarter.
Powered by 
Analysis
Reed'S, Inc. (REED) Gross Margin (2010 - 2024) Analysis & Trends
For the trailing twelve months through Sep 30, 2024, Gross Margin at Reed'S was 22.38%, down 4.02 percentage points year-over-year; for FY2023, it was 21.72%, down 1.11 percentage points from FY2022.
- Annual Gross Margin shows a five-year change of -6.30 percentage points (FY2018 to FY2023).
- In prior years, Reed'S's Gross Margin was 22.84% in FY2022 and 23.29% in FY2019 (-4.74 pp).
- Quarterly Gross Margin has run from a low of 4.04% in Q4 2023 to a high of 35.57% in Q1 2024 over five years.
- On a year-over-year basis, Gross Margin increased in five of the last seven quarters, with an average year-over-year change of -0.18 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q3 2023, with a gain of 13.88 percentage points; the weakest was Q4 2019, with a drop of 19.19 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 32.26% (Q2 2024), 35.57% (Q1 2024) and 4.04% (Q4 2023).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 17.99% |
| Jun 30, 2024 | 32.26% |
| Mar 31, 2024 | 35.57% |
| Dec 31, 2023 | 4.04% |
| Sep 30, 2023 | 34.02% |
| Jun 30, 2023 | 25.08% |
| Mar 31, 2023 | 24.18% |
| Dec 31, 2022 | 22.91% |
| Sep 30, 2022 | 20.13% |
| Jun 30, 2022 | 24.04% |
| Mar 31, 2022 | 24.07% |
| Jun 30, 2020 | 27.53% |
| Mar 31, 2020 | 30.14% |
| Dec 31, 2019 | 8.35% |
| Sep 30, 2019 | 28.63% |
| Jun 30, 2019 | 23.98% |
| Mar 31, 2019 | 29.64% |
| Dec 31, 2018 | 27.54% |
| Sep 30, 2018 | 24.83% |
| Jun 30, 2018 | 32.40% |
API Access
Reed'S, Inc. Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=REED&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "REED", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=REED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();