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Gross Profit Over Time
Profitability in line with historical norms
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Revenue minus cost of goods sold

Latest
$85.50B
Near historical average
Average (9y)
$85.72B
Historical baseline
Range
High:$94.60B
Low:$78.99B
CAGR
-0.4%
Modest growth trend
PeriodValueChange
2024$85.50B+0.7%
2023$84.89B+3.9%
2022$81.74B+3.5%
2021$78.99B-3.9%
2020$82.17B-2.0%
2019$83.81B-7.2%
2018$90.32B-4.5%
2017$94.60B+9.9%
2016$86.12B-3.2%
2015$89.01B-