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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
$1.25B
↓ 71% below average
Average (9y)
$4.33B
Historical baseline
Range
High:$21.95B
Low:$515.02M
CAGR
-27.2%
Structural decline
PeriodValueChange
2024$1.25B-31.2%
2023$1.82B+5.4%
2022$1.73B+5.7%
2021$1.64B+4.6%
2020$1.56B-22.8%
2019$2.03B+293.8%
2018$515.02M-61.6%
2017$1.34B-85.8%
2016$9.43B-57.0%
2015$21.95B-