gross profit

American  

noun

gross profits plural

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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Other Word Forms

Noun Inflected Forms

• gross profits
  plural

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

See Examples For:

gross profit

“Apple prioritizes protecting gross profit dollar growth—rather than gross margins—on iPhones to limit demand elasticity on its core hardware product while also supporting installed base expansion,” he said.

From Barron's ● Jun. 26, 2026

Apple’s price hikes arrived the day after Micron Technology, the big American maker of memory and storage, reported blowout quarterly earnings, touting gross profit margins that topped 80%.

From The Wall Street Journal ● Jun. 25, 2026

Apple’s prowess at managing its supply chain has allowed the company to command superior gross profit margins relative to other major sellers of tech hardware.

From The Wall Street Journal ● Jun. 19, 2026

The company’s gross profit per used retail vehicle came in at $2,177, down $230 from last year’s record.

From Barron's ● Jun. 17, 2026

The portion, too, of the gross profit, which forms the remuneration for the labor and skill of the dealer or producer, is very different in different employments.

From Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy by Mill, John Stuart

Related Words

• addition