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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
$67.40B
Near historical average
Average (9y)
$64.53B
Historical baseline
Range
High:$72.51B
Low:$53.72B
CAGR
-0.8%
Modest growth trend
PeriodValueChange
2024$67.40B+4.6%
2023$64.44B+20.0%
2022$53.72B-16.4%
2021$64.25B+1.5%
2020$63.28B-10.1%
2019$70.40B+10.6%
2018$63.63B-0.1%
2017$63.67B+2.7%
2016$61.98B-14.5%
2015$72.51B-