Grom Social Enterprises Inc (GROM) Gross Profit Margin starting from the first quarter 2024 to first quarter 2023, 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
Grom Social Enterprises Inc   (NASDAQ: GROM)


Grom Social Enterprises Inc 's Gross Profit Margin by quarter

Trends, Rankings, Statistics


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GROM Gross Profit Margin (Mar 31 2024)
Q1 		(Dec 31 2023)
Q4 		(Sep 30 2023)
Q3 		(Jun 30 2023)
Q2 		(Mar 31 2023)
Q1
Y / Y Revenue Change -27.13 %
Seq. Revenue Change -4.42 %
Revenue In Millions $0.87
Gross Profit Margin 30.01 %
Gross Profit Margin Total Ranking # 2754
Gross Profit In Millions $0.26
Y / Y Gross Profit Change -51.43 %
Seq. Gross Profit Change -9.49 %


Commenting First Quarter 2024 Gross Profit Margin
Grom Social Enterprises Inc experienced contraction in Gross Profit by -9.49 % to $1 millions and Revenue by -4.42 %, while Gross Profit Margin fell to 30.01 %, below company*s average Gross Profit Margin.


Observing first quarter 2024 results within Internet Services & Social Media industry 44 other companies have achieved higher Gross Profit Margin. While Gross Profit Margin overall ranking has deteriorated relative to the three months before, from 2662 to 2754.
Learn about Gross Margin
GROM's Gross Profit Margin first quarter 2024 Company Ranking
Within: No.
Internet Services & Social Media Industry # 45
Technology Sector # 503
Overall # 2721

Gross Profit Margin Statistics
High Average Low
62.42 % 36 % 0.08 %
(Jun 30 2018)   (Jun 30 2017)


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


Other Gross Profit Margin Profitability Ratios
GROM's Cumulative Gross Profit Margin
Internet Services & Social Media Industry Gross Profit Margin Trends and Statistics
Technology Sector Gross Profit Margin Statistics
Gross Profit Margin Profitability Trends for overall market
GROM's Gross Profit Margin Profitability versus Internet Services & Social Media Industry, Technology Sector and total Market
Highest Ranking Gross Profit Margin
Lowest Ranking Gross Profit Margin
Gross Profit Margin Profit Margin for GROM's Competitors
Gross Profit Margin Profit Margin for Grom Social Enterprises Inc 's Suppliers
Gross Profit Margin Profit Margin for GROM's Customers

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Companies with similar Gross Profit Margin in the quarter ending Mar 31 2024, within Internet Services & Social Media Industry Gross Profit MarginMar 31 2024 MRQ Gross ProfitMar 31 2024 MRQ Revenue
Meta Platforms Inc   81.79 %$ 29,815.000  Millions$ 36,455.000  Millions
Nextdoor Holdings Inc  81.23 %$ 43.168  Millions$ 53.146  Millions
Doubleverify Holdings Inc   81.09 %$ 114.164  Millions$ 140.782  Millions
Trade Desk Inc   78.90 %$ 387.623  Millions$ 491.253  Millions
Vimeo Inc   77.98 %$ 81.467  Millions$ 104.467  Millions
Integral Ad Science Holding Corp   77.16 %$ 88.369  Millions$ 114.530  Millions
Franklin Covey Co   76.38 %$ 46.851  Millions$ 61.336  Millions
Zoom Communications Inc   76.07 %$ 867.932  Millions$ 1,140.932  Millions
Pinterest Inc   75.53 %$ 558.892  Millions$ 739.983  Millions
Grindr Inc   73.96 %$ 55.725  Millions$ 75.345  Millions
Applovin Corporation  72.20 %$ 763.967  Millions$ 1,058.115  Millions
Eventbrite Inc   71.00 %$ 61.220  Millions$ 86.220  Millions
Iac Inc   70.75 %$ 657.716  Millions$ 929.680  Millions
Match Group Inc   70.13 %$ 602.905  Millions$ 859.647  Millions
BIOREGENX, INC.  69.92 %$ 0.384  Millions$ 0.550  Millions
Bumble Inc   69.64 %$ 186.486  Millions$ 267.775  Millions
Gartner Inc   68.81 %$ 1,013.485  Millions$ 1,472.926  Millions
Healthstream Inc  66.17 %$ 48.143  Millions$ 72.760  Millions
Premier Inc   64.36 %$ 220.333  Millions$ 342.333  Millions
Pubmatic Inc   62.28 %$ 41.277  Millions$ 66.277  Millions
Professional Diversity Network Inc   62.19 %$ 1.074  Millions$ 1.727  Millions
Digitalocean Holdings Inc   60.89 %$ 112.086  Millions$ 184.086  Millions
Bubblr Inc.  60.00 %$ 0.001  Millions$ 0.002  Millions
Sabre Corporation  58.99 %$ 461.792  Millions$ 782.886  Millions
Alphabet Inc   58.14 %$ 46,827.000  Millions$ 80,539.000  Millions
Model N Inc   57.97 %$ 37.238  Millions$ 64.238  Millions
Magnite Inc   55.86 %$ 83.417  Millions$ 149.319  Millions
Veritec Inc   55.15 %$ 0.075  Millions$ 0.136  Millions
Factset Research Systems Inc   53.27 %$ 290.803  Millions$ 545.945  Millions
Blend Labs Inc   53.14 %$ 18.141  Millions$ 34.141  Millions




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