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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
$51.90B
Near historical average
Average (9y)
$52.53B
Historical baseline
Range
High:$60.39B
Low:$40.13B
CAGR
+1.0%
Modest growth trend
PeriodValueChange
2025$51.90B+3.3%
2024$50.26B-10.0%
2023$55.84B-7.5%
2022$60.39B+15.6%
2021$52.26B+30.2%
2020$40.13B-25.3%
2019$53.76B-7.4%
2018$58.02B+4.9%
2017$55.30B+16.5%
2016$47.46B-