Zhongchao Inc. (ZCMD) Gross margin 2017–2025
Zhongchao Inc. (ZCMD) gross margin by fiscal year — reported gross profit divided by reported revenue.
45.0%FY2025 · since FY2017: 59.6% → 45.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 45.0% | -11.2 pp |
| FY2024 | 56.2% | +12.4 pp |
| FY2023 | 43.8% | -1.1 pp |
| FY2022 | 44.9% | -13.0 pp |
| FY2021 | 57.9% | -8.1 pp |
| FY2020 | 66.0% | -2.7 pp |
| FY2019 | 68.7% | +3.4 pp |
| FY2018 | 65.4% | +5.8 pp |
| FY2017 | 59.6% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice