gross profit

American  

noun

1. gross receipts less the cost of goods or production but before the deduction of such other costs as rent or salaries.

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gross profit British  

noun

1. accounting the difference between total revenue from sales and the total cost of purchases or materials, with an adjustment for stock

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Compare meaning

How does gross-profit compare to similar and commonly confused words? Explore the most common comparisons:

• gross income vs. gross profit

Example Sentences

The company reported a record adjusted gross profit margin of 13.7% for the year and $1.3 billion in cash and liquidity.

From Barron's

Country Garden had flagged the disappointing results earlier this month, citing a drop in gross profit margin, a rise in provisions for impairments on property projects and net foreign exchange losses.

From Reuters

He estimated the iPhone SE would generate gross margin between 42%-54%, or roughly half the gross profit for each device compared with the iPhone 13 mini.

From Reuters

The tariff exclusion saved Hamilton Beach $1.6 million in the second quarter last year, helping boost its gross profit margin to 25.5 percent from 21.8 percent one year earlier, the company told investors.

From Washington Post

That includes sales, milestone payments and a share of gross profit in its partners’ territories, BioNTech added.

From Reuters

Related Words

• addition