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

The production issues announced this week could get in the way of Rivian’s goal of achieving positive gross profits by the fourth quarter of this year.

From Los Angeles Times

And in a presentation about the merger, the supermarket chain says over the years the company has reduced its gross profit margins to keep prices down.

From Los Angeles Times

"Our proven scale efficiencies have been enhanced by our investment in AI, which has driven down operating expenses and improved gross profits," it said.

From BBC

But its quarterly gross profit came at the expense of missing its forecast for monthly active users.

From BBC

In that scenario, it would double its money because when the bank closes its short position, its gross profit would be twice as much money as it loaned Trump.

From Salon

Related Words

• addition