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Gross Profit Over Time
Trending lower, below historical average, structural decline.
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Revenue minus cost of goods sold
Latest
$11.26B
↓ 25% below average
Average (8y)
$14.99B
Historical baseline
Range
High:$28.57B
Low:$-4.61B
CAGR
-10.6%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | $11.26B | -25.7% |
| 2023 | $15.15B | +614.0% |
| 2022 | $2.12B | -87.2% |
| 2021 | $16.63B | +3.0% |
| 2020 | $16.15B | -43.5% |
| 2019 | $28.57B | +720.5% |
| 2018 | $-4.61B | -120.8% |
| 2017 | $22.12B | -19.7% |
| 2016 | $27.54B | - |