Reed'S, Inc. (REED) Gross Margin (2010 - 2024)
Reed'S's (REED) quarterly Gross Margin came in at 17.99% in Q3 2024, down 1602.0% YoY from 1.2% in Q4 2023, and down 44.23% on a QoQ basis from 32.26% in Q2 2024.
Reed'S, Inc. (REED) Gross Margin (2010 - 2024) Analysis & Trends
Reed'S (REED) has 14 years of Gross Margin data on file, last reported at 17.99% in Q3 2024.
- Quarterly Gross Margin fell 1602.0% year-over-year to 17.99% in Q3 2024, while the trailing twelve-month figure through Sep 2024 was 22.38% (down 402.0% YoY) and the FY2023 annual result came in at 21.72%, down 111.0% from the prior year.
- Gross Margin retreated to 17.99% in Q3 2024, from 32.26% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 35.57% in Q1 2024 to a low of 4.04% in Q4 2023.
- A 4-year average of 24.77% and a median of 24.18% in 2023 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 1388 bps in 2023, down 1888 bps in 2023.
- Tracing REED's Gross Margin over 4 years: stood at 27.53% in 2020, then declined by 17 bps to 22.91% in 2022, then tumbled by 82 bps to 4.04% in 2023, then jumped by 346 bps to 17.99% in 2024.
- The last three Gross Margin figures came in at 17.99% (Q3 2024), 32.26% (Q2 2024), and 35.57% (Q1 2024), per Business Quant data.
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Historic Data
Download 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% |