net profit

noun

1. the actual profit made on a business transaction, sale, etc., or during a specific period of business activity, after deducting all costs from gross receipts.

net profit

noun

1. gross profit minus all operating costs not included in the calculation of gross profit, esp wages, overheads, and depreciation

Word History and Origins

Origin of net profit¹

First recorded in 1660–70

Example Sentences

In a March 21 earnings call, the world’s largest state-owned oil company reported a 44% decline in net profits in 2020 thanks to the pandemic.

From Quartz

Few proponents had considered that actual net profits for the state represented only a fraction of gross sales, at the time around 45 percent, and today about 27 percent.

From Washington Post

Nearly all publicly traded hospitals tracked by the news outlet Axios posted a net profit in their most recent quarter.

From Time

Despite the economic impact of the ongoing coronavirus pandemic, Transsion Holdings, the Shenzhen, China-based phone maker, reported a 33% jump in net profit for the first half of 2020.

From Quartz

This year, Ant earned a net profit of $3 billion in the first six months of the year alone—a jump of more than 1,000% compared with the first six months last year.

From Quartz

In the second quarter of 2013, Apple raked in a net profit of $6.9 billion.

From The Daily Beast

Net profit was $11.6 billion, or $12.30 per share, nearly double their level last year and also above Wall Street expectations.

From The Daily Beast

Last quarter the company did $20.9 billion in revenue and cleared $6.6 billion in net profit.

From The Daily Beast

Google became a company with $30 billion in revenues—and with obscene (nearly 30 percent) net profit margins.

From The Daily Beast

Net profit was $3.19 billion, down from $3.4 billion last quarter.

From The Daily Beast

Net profit to Scattergood, eighteen thousand one hundred and fifty dollars.

From Project Gutenberg

These companies require millions of capital, and they save the waste and are satisfied with a net profit of a few cents per ton.

From Project Gutenberg

When in peace we shall have made as much net profit as there was wealth lost in the war, then we shall be a solvent people.

From Project Gutenberg

A pair of swans would cost about the same as a good cow, and might make about the same net profit.

From Project Gutenberg

In the spring I sowed three thousand acres of poppies, and now I've made forty thousand roubles net profit.

From Project Gutenberg