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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
$1.52B
↓ 71% below average
Average (9y)
$5.17B
Historical baseline
Range
High:$6.82B
Low:$1.52B
CAGR
-12.0%
Structural decline
PeriodValueChange
2024$1.52B-68.7%
2023$4.85B-28.9%
2022$6.82B+7.8%
2021$6.33B+3.2%
2020$6.13B+3.2%
2019$5.95B+16.1%
2018$5.12B-9.6%
2017$5.66B+24.7%
2016$4.54B-5.5%
2015$4.81B-