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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
$17.09B
Near historical average
Average (9y)
$18.23B
Historical baseline
Range
High:$21.07B
Low:$15.11B
CAGR
-1.2%
Modest growth trend
PeriodValueChange
2024$17.09B+2.3%
2023$16.70B-20.7%
2022$21.07B+6.4%
2021$19.80B+31.0%
2020$15.11B-7.1%
2019$16.25B-11.4%
2018$18.36B-10.7%
2017$20.55B+12.4%
2016$18.29B-4.2%
2015$19.08B-