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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
$28.01B
Near historical average
Average (9y)
$27.49B
Historical baseline
Range
High:$37.19B
Low:$23.21B
CAGR
+1.3%
Modest growth trend
PeriodValueChange
2024$28.01B+8.5%
2023$25.82B-13.2%
2022$29.74B-20.0%
2021$37.19B+23.5%
2020$30.12B+21.9%
2019$24.72B-4.3%
2018$25.83B+1.8%
2017$25.36B+9.3%
2016$23.21B-6.7%
2015$24.88B-