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Gross Profit Over Time
Trending lower, modest growth trend.
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Revenue minus cost of goods sold

Latest
$25.10B
Near historical average
Average (9y)
$23.00B
Historical baseline
Range
High:$40.03B
Low:$18.52B
CAGR
+3.4%
Modest growth trend
PeriodValueChange
2024$25.10B-37.3%
2023$40.03B+80.8%
2022$22.14B-7.3%
2021$23.89B+24.2%
2020$19.24B-9.0%
2019$21.14B+1.6%
2018$20.81B+4.7%
2017$19.88B+3.5%
2016$19.21B+3.7%
2015$18.52B-