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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
$14.48B
Near historical average
Average (9y)
$14.87B
Historical baseline
Range
High:$16.89B
Low:$12.77B
CAGR
+0.5%
Modest growth trend
PeriodValueChange
2024$14.48B+7.8%
2023$13.43B-19.5%
2022$16.69B+6.1%
2021$15.72B-6.9%
2020$16.89B+3.6%
2019$16.31B+14.3%
2018$14.27B+11.7%
2017$12.77B-10.3%
2016$14.25B+2.6%
2015$13.89B-