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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
$33.02B
Near historical average
Average (9y)
$31.04B
Historical baseline
Range
High:$35.06B
Low:$26.47B
CAGR
+2.5%
Modest growth trend
PeriodValueChange
2024$33.02B+3.3%
2023$31.98B+1.6%
2022$31.48B+0.9%
2021$31.21B+14.5%
2020$27.25B-14.8%
2019$31.97B-6.7%
2018$34.26B-2.3%
2017$35.06B+26.5%
2016$27.71B+4.7%
2015$26.47B-