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Gross Margin Over TimeContracting
Percentile Rank0
Studio
Year-over-Year Change

Gross profit as a percentage of revenue

Percentile
P0
Near historical low
vs 5Y Ago
-4.5x
Contraction
Streak
2 yr
Consecutive declineContracting
PeriodValueYoY Change
TTM-6.77%-32.0%
2025-5.13%-89.1%
2024-2.71%+51.6%
2023-5.61%-184.3%
20226.65%+342.2%
20211.50%+642.1%
2020-0.28%-108.3%
20193.34%+557.1%
20180.51%-92.8%
20177.04%-