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.

---

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

---

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

A year from now, this will either look like a genius move that kept Nvidia’s industry-leading gross profit margin high or a disastrous example of hubris that destroyed its gross margin.

From Barron's

Block now expects 18% growth in gross profit for the full year, above the 17% target it set at an investor day late last year.

From MarketWatch

A company’s gross profit margin is its net sales less the cost of goods or services sold, divided by sales.

From MarketWatch

Those costs brought down retail gross profit per unit for the quarter.

From The Wall Street Journal

In its earnings release, Rivian credited the swing to gross profit to “strong software and services performance, higher average selling prices, and reductions in cost per vehicle.”

From Los Angeles Times

Related Words

• addition