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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
$41.95B
Near historical average
Average (9y)
$39.44B
Historical baseline
Range
High:$47.20B
Low:$27.33B
CAGR
-0.1%
Modest growth trend
PeriodValueChange
2024$41.95B+8.2%
2023$38.76B+13.1%
2022$34.26B+19.4%
2021$28.70B+5.0%
2020$27.33B-38.0%
2019$44.06B-6.7%
2018$47.20B+6.6%
2017$44.28B-2.8%
2016$45.57B+7.8%
2015$42.27B-