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Gross Profit Over Time
Trending lower, strong compound growth.
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Revenue minus cost of goods sold

Latest
$17.35B
Near historical average
Average (9y)
$15.89B
Historical baseline
Range
High:$24.59B
Low:$5.20B
CAGR
+14.3%
Consistent expansion
PeriodValueChange
2024$17.35B-16.8%
2023$20.85B+40.3%
2022$14.86B-33.3%
2021$22.29B+8.9%
2020$20.47B-16.8%
2019$24.59B+27.5%
2018$19.29B+128.1%
2017$8.46B+52.7%
2016$5.54B+6.5%
2015$5.20B-