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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
$1.28B
↓ 64% below average
Average (9y)
$3.55B
Historical baseline
Range
High:$4.98B
Low:$1.28B
CAGR
-10.4%
Structural decline
PeriodValueChange
2024$1.28B-59.7%
2023$3.19B+12.8%
2022$2.83B-43.2%
2021$4.98B+16.4%
2020$4.28B+9.0%
2019$3.92B-10.6%
2018$4.39B+19.7%
2017$3.67B+4.5%
2016$3.51B+1.5%
2015$3.46B-