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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
$7.75B
Near historical average
Average (9y)
$7.13B
Historical baseline
Range
High:$7.95B
Low:$5.71B
CAGR
+1.2%
Modest growth trend
PeriodValueChange
2024$7.75B-2.5%
2023$7.95B+5.4%
2022$7.54B+7.9%
2021$6.99B+22.2%
2020$5.71B-19.3%
2019$7.08B-0.5%
2018$7.12B-0.4%
2017$7.14B+0.7%
2016$7.10B+2.0%
2015$6.96B-