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

In the second quarter of fiscal 2023, Micron’s sales declined by 53% from the year before and gross profit margin went deeply negative.

From Barron's

In its latest quarter, gross profit, as a percentage of sales, was 51%, down 203 basis points from a year earlier.

From The Wall Street Journal

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

Since its growth cycle started in 2022, the auto spare parts producer’s manufacturing revenue and gross profit have re-accelerated, thanks to improved cost control, better utilization, and a broader original-equipment-manufacturer client base, the analyst says.

From The Wall Street Journal

Trivariate Research’s Adam Parker emphasizes gross profit margins as a key indicator for stock valuation and future performance.

From Barron's

Related Words

• addition