• Fujifilm Holdings average gross margin for 2023 was 39.83%, a 0.75% increase from 2022.
• Fujifilm Holdings average gross margin for 2022 was 40.13%, a 0.37% decline from 2021.
• Fujifilm Holdings average gross margin for 2021 was 40.28%, a 1.3% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.