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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
$46.11B
Near historical average
Average (9y)
$42.26B
Historical baseline
Range
High:$46.37B
Low:$36.16B
CAGR
+2.7%
Modest growth trend
PeriodValueChange
2024$46.11B+4.6%
2023$44.08B-0.8%
2022$44.44B+3.1%
2021$43.10B+2.7%
2020$41.97B-9.5%
2019$46.37B+7.9%
2018$42.98B+7.8%
2017$39.86B+6.1%
2016$37.56B+3.9%
2015$36.16B-