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Gross Profit Over Time
Below historical average, slight contraction.
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Revenue minus cost of goods sold

Latest
$14.43B
↓ 27% below average
Average (9y)
$19.81B
Historical baseline
Range
High:$25.37B
Low:$14.43B
CAGR
-3.8%
Modest growth trend
PeriodValueChange
2024$14.43B-4.5%
2023$15.11B-25.8%
2022$20.36B-5.4%
2021$21.52B-4.0%
2020$22.42B-11.7%
2019$25.37B+27.5%
2018$19.90B+5.5%
2017$18.87B-4.5%
2016$19.76B-2.9%
2015$20.36B-