gross profit

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

noun

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

Example Sentences

We can see that its gross profit grew more quickly than its overall revenue in its most recent 12-month period.

From TechCrunch

The gross profit was just under $95 million in 2020, compared to just under $70 million in 2019.

From Search Engine Land

What is the right KPI for us is the gross profit as it shows the monetization of Jumia.

From TechCrunch

In the first six months of 2020, the company had subscription revenues of $234 million and a gross profit of $178 million.

From TechCrunch

Related Words

• addition