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Gross Profit Over Time
Trending lower, below historical average, structural decline.
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Revenue minus cost of goods sold

Latest
$1.92B
↓ 40% below average
Average (9y)
$3.18B
Historical baseline
Range
High:$5.47B
Low:$1.92B
CAGR
-11.0%
Structural decline
PeriodValueChange
2024$1.92B-34.0%
2023$2.91B-9.9%
2022$3.23B+21.5%
2021$2.66B-2.6%
2020$2.73B-11.7%
2019$3.10B+23.0%
2018$2.52B-17.0%
2017$3.03B-28.5%
2016$4.25B-22.4%
2015$5.47B-