Thorne Healthtech Inc (THRN) Gross Profit Margin starting from the second quarter 2023 to second quarter 2022, Profitability Trends and Ranking, Fundamental Ratios - CSIMarket
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Thorne Healthtech Inc   (NASDAQ: THRN)


Thorne Healthtech Inc 's Gross Profit Margin by quarter

Trends, Rankings, Statistics



THRN Gross Profit Margin (Jun 30 2023)
Q2
(Mar 31 2023)
Q1
(Dec 31 2022)
Q4
(Sep 30 2022)
Q3
(Jun 30 2022)
Q2
Y / Y Revenue Change 33.08 %
Seq. Revenue Change 11.46 %
Revenue In Millions $72.71
Gross Profit Margin 55.89 %
Gross Profit Margin Total Ranking # 1649
Gross Profit In Millions $40.64
Y / Y Gross Profit Change 29.57 %
Seq. Gross Profit Change 18.57 %


Commenting Second Quarter 2023 Gross Profit Margin
Thorne Healthtech Inc Gross Profit grew by 18.57 % in Q2 sequentially to 41 millions, while Revenue increased by 11.46 %, this led to improvement in the company's Gross Profit Margin to 55.89 %, above the Thorne Healthtech Inc average Gross Profit Margin.


Observing second quarter 2023 results within Major Pharmaceutical Preparations industry 115 other companies have achieved higher Gross Profit Margin. While Gross Profit Margin total ranking has impoved so far to 1649, from total ranking in the previous quarter at 1767.
Learn about Gross Margin
THRN's Gross Profit Margin second quarter 2023 Company Ranking
Within: No.
Major Pharmaceutical Preparations Industry # 116
Healthcare Sector # 297
Overall # 1626

Gross Profit Margin Statistics
High Average Low
57.4 % 52.04 % 42.42 %
(Jun 30 2022)   (Dec 31 2022)




Other Gross Profit Margin Profitability Ratios
THRN's Cumulative Gross Profit Margin
Major Pharmaceutical Preparations Industry Gross Profit Margin Trends and Statistics
Healthcare Sector Gross Profit Margin Statistics
Gross Profit Margin Profitability Trends for overall market
THRN's Gross Profit Margin Profitability versus Major Pharmaceutical Preparations Industry, Healthcare Sector and total Market
Highest Ranking Gross Profit Margin
Lowest Ranking Gross Profit Margin
Gross Profit Margin Profit Margin for THRN's Competitors
Gross Profit Margin Profit Margin for Thorne Healthtech Inc 's Suppliers
Gross Profit Margin Profit Margin for THRN's Customers

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


Companies with similar Gross Profit Margin in the quarter ending Jun 30 2023, within Major Pharmaceutical Preparations Industry Gross Profit MarginJun 30 2023 MRQ Gross ProfitJun 30 2023 MRQ Revenue
Ptc Therapeutics inc   99.86 %$ 213.508  Millions$ 213.808  Millions
Intercept Pharmaceuticals inc   99.78 %$ 83.533  Millions$ 83.718  Millions
Deciphera Pharmaceuticals Inc   99.55 %$ 38.131  Millions$ 38.304  Millions
Corcept Therapeutics Inc  98.66 %$ 116.141  Millions$ 117.715  Millions
Macrogenics Inc   98.04 %$ 12.878  Millions$ 13.136  Millions
Avadel Pharmaceuticals Plc  97.59 %$ 1.460  Millions$ 1.496  Millions
2seventy Bio Inc   97.48 %$ 35.141  Millions$ 36.048  Millions
Lexicon Pharmaceuticals Inc   97.48 %$ 0.309  Millions$ 0.317  Millions
Trevena inc   97.09 %$ 2.933  Millions$ 3.021  Millions
Karyopharm Therapeutics Inc   96.82 %$ 36.385  Millions$ 37.579  Millions
Travere Therapeutics Inc   96.67 %$ 57.707  Millions$ 59.697  Millions
Gyre Therapeutics Inc   96.33 %$ 28.252  Millions$ 29.329  Millions
Aurinia Pharmaceuticals Inc   96.23 %$ 39.931  Millions$ 41.494  Millions
Rigel Pharmaceuticals Inc  96.00 %$ 25.811  Millions$ 26.886  Millions
Blueprint Medicines Corporation  95.96 %$ 55.247  Millions$ 57.570  Millions
Acadia Pharmaceuticals Inc   95.49 %$ 157.776  Millions$ 165.235  Millions
Emmaus Life Sciences Inc   95.28 %$ 10.251  Millions$ 10.759  Millions
Amylyx Pharmaceuticals Inc   94.32 %$ 92.636  Millions$ 98.216  Millions
Bioxcel Therapeutics Inc   94.31 %$ 0.431  Millions$ 0.457  Millions
Palatin Technologies Inc   94.10 %$ 1.658  Millions$ 1.762  Millions
Regeneron Pharmaceuticals Inc   93.91 %$ 2,965.700  Millions$ 3,158.100  Millions
Marinus Pharmaceuticals Inc   93.65 %$ 5.695  Millions$ 6.081  Millions
Celularity Inc   92.95 %$ 2.731  Millions$ 2.938  Millions
Vanda Pharmaceuticals Inc   92.40 %$ 42.557  Millions$ 46.056  Millions
Zevra Therapeutics Inc   92.01 %$ 7.793  Millions$ 8.470  Millions
Silo Pharma Inc  91.91 %$ 0.017  Millions$ 0.018  Millions
Sage Therapeutics Inc   91.71 %$ 2.269  Millions$ 2.474  Millions
Ocular Therapeutix Inc   91.41 %$ 13.882  Millions$ 15.186  Millions
Ultragenyx Pharmaceutical Inc   90.85 %$ 98.395  Millions$ 108.309  Millions
Amicus Therapeutics inc   90.46 %$ 85.389  Millions$ 94.389  Millions




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