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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
$12.52B
Near historical average
Average (9y)
$13.64B
Historical baseline
Range
High:$15.01B
Low:$12.26B
CAGR
-0.7%
Modest growth trend
PeriodValueChange
2025$12.52B+2.1%
2024$12.26B-17.5%
2023$14.86B-1.0%
2022$15.01B+9.3%
2021$13.72B-4.0%
2020$14.29B+5.8%
2019$13.51B-2.1%
2018$13.80B+5.7%
2017$13.05B-2.3%
2016$13.36B-