Fitbit Inc (FIT) Gross Profit Margin starting from the third quarter 2020 to third quarter 2019, Profitability Trends and Ranking, Fundamental Ratios - CSIMarket
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• Gross Margin
• EBITDA Margin
• Operating Margin
• Net Margin
• Pre-Tax Margin
• Effective Tax Rate
• Free Cash Flow Margin
• Cash Flow Margin
Fitbit Inc   (NYSE: FIT)
    Sector • Technology    Industry • Computer Hardware
   Industry • Computer Hardware
   Sector • Technology


Fitbit Inc 's Gross Profit Margin by quarter

Trends, Rankings, Statistics


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FIT Gross Profit Margin (Oct 03 2020)
Q3 		(Jul 04 2020)
Q2 		(Apr 04 2020)
Q1 		(Dec 31 2019)
Q4 		(Sep 28 2019)
Q3
Y / Y Revenue Change 4.82 %
Seq. Revenue Change 39.29 %
Revenue In Millions $363.93
Gross Profit Margin 37.32 %
Gross Profit Margin Total Ranking # 2451
Gross Profit In Millions $135.81
Y / Y Gross Profit Change 25.81 %
Seq. Gross Profit Change 45.97 %


Commenting Third Quarter 2020 Gross Profit Margin
Fitbit Inc Gross Profit grew by 45.97 % in Q3 sequentially to 136 millions, while Revenue increased by 39.29 %, this led to improvement in the company's Gross Profit Margin to 37.32 %, Gross Profit Margin remained below Fitbit Inc average.


Observing third quarter 2020 results within Computer Hardware industry 7 other companies have achieved higher Gross Profit Margin. While Gross Profit Margin overall ranking has deteriorated relative to the three months before, from 2377 to 2451.
Learn about Gross Margin
FIT's Gross Profit Margin third quarter 2020 Company Ranking
Within: No.
Computer Hardware Industry # 8
Technology Sector # 486
Overall # 2390

Gross Profit Margin Statistics
High Average Low
50.25 % 39.54 % 22.05 %
(Mar 31 2015)   (Dec 31 2016)


FIT Gross Income Trends • More of FIT's Profitabilty Ratios • FIT Stock Quotes and Charts


Other Gross Profit Margin Profitability Ratios
FIT's Cumulative Gross Profit Margin
Computer Hardware Industry Gross Profit Margin Trends and Statistics
Technology Sector Gross Profit Margin Statistics
Gross Profit Margin Profitability Trends for overall market
FIT's Gross Profit Margin Profitability versus Computer Hardware Industry, Technology Sector and total Market
Highest Ranking Gross Profit Margin
Lowest Ranking Gross Profit Margin
Gross Profit Margin Profit Margin for FIT's Competitors
Gross Profit Margin Profit Margin for Fitbit Inc 's Suppliers
Gross Profit Margin Profit Margin for FIT's Customers

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


Companies with similar Gross Profit Margin in the quarter ending Oct 03 2020, within Computer Hardware Industry Gross Profit MarginOct 03 2020 MRQ Gross ProfitOct 03 2020 MRQ Revenue
Netapp Inc   65.89 %$ 933.000  Millions$ 1,416.000  Millions
Socket Mobile Inc   55.33 %$ 2.273  Millions$ 4.109  Millions
International Business Machines Corporation  48.01 %$ 8,430.000  Millions$ 17,560.000  Millions
Omnicell inc  45.29 %$ 96.791  Millions$ 213.699  Millions
Quantum Corp  45.13 %$ 38.734  Millions$ 85.821  Millions
Apple Inc   38.16 %$ 24,689.000  Millions$ 64,698.000  Millions
One Stop Systems Inc   37.77 %$ 4.902  Millions$ 12.976  Millions
Fitbit Inc   37.32 %$ 135.812  Millions$ 363.932  Millions
Exeo Entertainment Inc.  37.01 %$ 0.002  Millions$ 0.005  Millions
Dell Technologies Inc   33.63 %$ 7,261.000  Millions$ 21,589.000  Millions
Hewlett Packard Enterprise Company  30.60 %$ 2,206.000  Millions$ 7,208.000  Millions
Seagate Technology Holdings Plc  25.76 %$ 596.000  Millions$ 2,314.000  Millions
Western Digital Corporation  23.05 %$ 904.000  Millions$ 3,922.000  Millions
Hp inc   17.56 %$ 2,679.000  Millions$ 15,258.000  Millions
Super Micro Computer Inc   17.04 %$ 129.915  Millions$ 762.250  Millions




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