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gross profit

 

Definitions from WordNet

Noun gross profit has 1 sense
  1. gross profit, gross profit margin, margin - (finance) the net sales minus the cost of goods and services sold
    --1 is a kind of net income, net, net profit, lucre, profit, profits, earnings

Definitions from the Web

Gross Profit

Definition: Gross profit refers to the amount of money a company has remaining after deducting the cost of goods sold (COGS) from its total revenue. It represents the profitability of a company's core operations without taking into account other expenses such as overhead costs, taxes, or interest.

Sense 1: Accounting

As an accounting term, gross profit is calculated by subtracting the cost of goods sold from the total revenue earned during a specific period.

Example sentence: The company's gross profit for the second quarter was $1 million.

Sense 2: Business

In business, gross profit is a key financial measure that indicates how efficiently a company manages its production costs and pricing strategies.

Example sentence: The new pricing strategy led to an increase in the company's gross profit margin.

Sense 3: Investing

In investing, gross profit is often assessed to evaluate a company's overall financial health and performance, providing insights into its ability to generate revenue.

Example sentence: Investors analyze the company's gross profit trend over time to assess its financial stability.

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