Veru (VERU) Gross Margin (2016 - 2024)
Veru (VERU) has disclosed Gross Margin for 13 consecutive years, with 40.37% as the latest value for Q3 2024.
- On a quarterly basis, Gross Margin rose 46.0% to 40.37% in Q3 2024 year-over-year; TTM through Sep 2024 was 34.67%, a 1176.0% decrease, with the full-year FY2024 number at 34.67%, down 1176.0% from a year prior.
- Gross Margin was 40.37% for Q3 2024 at Veru, up from 33.84% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 85.78% in Q1 2022 to a low of 16.4% in Q1 2024.
- A 5-year average of 58.23% and a median of 63.16% in 2020 define the central range for Gross Margin.
- Peak YoY movement for Gross Margin: crashed -5915bps in 2022, then soared 2575bps in 2023.
- Veru's Gross Margin stood at 74.14% in 2020, then increased by 13bps to 83.78% in 2021, then plummeted by -67bps to 27.99% in 2022, then surged by 92bps to 53.74% in 2023, then decreased by -25bps to 40.37% in 2024.
- Per Business Quant, the three most recent readings for VERU's Gross Margin are 40.37% (Q3 2024), 33.84% (Q2 2024), and 16.4% (Q1 2024).