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Gross Profit Over Time
Below historical average, structural decline.
Left:
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Revenue minus cost of goods sold
Latest
$3.61B
↓ 82% below average
Average (9y)
$20.32B
Historical baseline
Range
High:$37.55B
Low:$3.54B
CAGR
-15.7%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | $3.61B | +1.9% |
| 2023 | $3.54B | -90.6% |
| 2022 | $37.55B | +30.3% |
| 2021 | $28.83B | +19.9% |
| 2020 | $24.04B | -7.3% |
| 2019 | $25.93B | +9.2% |
| 2018 | $23.74B | +13.7% |
| 2017 | $20.89B | +14.5% |
| 2016 | $18.23B | +8.3% |
| 2015 | $16.83B | - |