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

As the company shifts focus toward its higher-margin Industrial and Commercial Electronics business, its gross profit margin should stay healthy.

From The Wall Street Journal • Jun. 2, 2026

Xiaomi’s gross profit margin dropped to 22.0% for the quarter from 22.8% a year earlier.

From The Wall Street Journal • May 26, 2026

Tesla’s first-quarter automotive gross profit margin reached 21%, up from 14% a year ago, but below its 32% peak in 2022.

From Barron's • May 19, 2026

Tesla’s first-quarter automotive gross profit margin, excluding the impact of regulatory credit sales, was about 21%, up from 14% a year ago, but far from its first-quarter 2022 peak of about 32%.

From Barron's • May 17, 2026

Therein unlawful combinations and unnatural restrictions are essential if those engaged would show a gross profit of even fifteen per cent. on their gross output.

From Frenzied Finance Vol. 1: The Crime of Amalgamated by Lawson, Thomas William

Related Words

• addition