Desktop Metal Inc (DM) Gross Profit Margin starting from the third quarter 2024 to third quarter 2023, Profitability Trends and Ranking, Fundamental Ratios - CSIMarket
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Desktop Metal inc   (NYSE: DM)


Desktop Metal Inc 's Gross Profit Margin by quarter

Trends, Rankings, Statistics



DM Gross Profit Margin (Sep 30 2024)
Q3
(Jun 30 2024)
Q2
(Mar 31 2024)
Q1
(Dec 31 2023)
Q4
(Sep 30 2023)
Q3
Y / Y Revenue Change -13.75 %
Seq. Revenue Change -6.83 %
Revenue In Millions $36.16
Gross Profit Margin 8.74 %
Gross Profit Margin Total Ranking # 3496
Gross Profit In Millions $3.16
Y / Y Gross Profit Change 64.29 %
Seq. Gross Profit Change -


Commenting Third Quarter 2024 Gross Profit Margin
Desktop Metal inc achieved Gross Profit of $3 millions compare to Gross Loss of $-32.19 millions booked in the previous quarter. Despite the sequential Revenue deterioration in Q3 of -6.83 % Desktop Metal inc managed to reduce Cost of Sales and turn into profitability by achieving a Gross Profit of 3 compare to Gross Loss of $-32.19 millions realized in the previous quarter. Company accomplished Gross Profit Margin of 8.74 %, below company average.


Observing third quarter 2024 results within Industrial Machinery and Components industry 97 other companies have achieved higher Gross Profit Margin. While Gross Profit Margin overall ranking has deteriorated relative to the three months before, from to 3496.
Learn about Gross Margin
DM's Gross Profit Margin third quarter 2024 Company Ranking
Within: No.
Industrial Machinery and Components Industry # 98
Capital Goods Sector # 260
Overall # 3446

Gross Profit Margin Statistics
High Average Low
99.89 % 55.97 % 4.59 %
(Sep 30 2018)   (Sep 30 2023)




Other Gross Profit Margin Profitability Ratios
DM's Cumulative Gross Profit Margin
Industrial Machinery and Components Industry Gross Profit Margin Trends and Statistics
Capital Goods Sector Gross Profit Margin Statistics
Gross Profit Margin Profitability Trends for overall market
DM's Gross Profit Margin Profitability versus Industrial Machinery and Components Industry, Capital Goods Sector and total Market
Highest Ranking Gross Profit Margin
Lowest Ranking Gross Profit Margin
Gross Profit Margin Profit Margin for DM's Competitors
Gross Profit Margin Profit Margin for Desktop Metal Inc 's Suppliers
Gross Profit Margin Profit Margin for DM's Customers

You may also want to know
DM's Annual Growth Rates DM's Profitability Ratios DM's Asset Turnover Ratio DM's Dividend Growth
DM's Roe DM's Valuation Ratios DM's Financial Strength Ratios DM's Gross Profit Growth
DM's Roa DM's Inventory Turnover Ratio DM's Growth Rates DM's Dividend Comparisons


Companies with similar Gross Profit Margin in the quarter ending Sep 30 2024, within Industrial Machinery and Components Industry Gross Profit MarginSep 30 2024 MRQ Gross ProfitSep 30 2024 MRQ Revenue
Bloom Energy Corporation  23.83 %$ 78.734  Millions$ 330.399  Millions
Cvd Equipment Corporation  23.42 %$ 1.835  Millions$ 7.835  Millions
Agco Corp  23.20 %$ 603.100  Millions$ 2,599.100  Millions
Stem Inc   21.22 %$ 6.196  Millions$ 29.196  Millions
Symbotic Inc   17.05 %$ 96.416  Millions$ 565.416  Millions
Neovolta Inc   15.73 %$ 0.093  Millions$ 0.590  Millions
Cbak Energy Technology Inc  15.58 %$ 6.955  Millions$ 44.628  Millions
Evoair Holdings Inc   14.81 %$ 0.014  Millions$ 0.093  Millions
Greystone Logistics Inc   14.75 %$ 1.903  Millions$ 12.903  Millions
Nn Inc   14.49 %$ 16.456  Millions$ 113.587  Millions
Fluence Energy Inc   12.81 %$ 157.469  Millions$ 1,229.469  Millions
Expion360 Inc   12.14 %$ 0.169  Millions$ 1.389  Millions
Chicago Rivet and Machine Co   9.97 %$ 0.695  Millions$ 6.970  Millions
Desktop Metal inc   8.74 %$ 3.161  Millions$ 36.161  Millions
Nature's Miracle Holding Inc.  7.47 %$ 0.228  Millions$ 3.053  Millions




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