gross profit
US /ɡroʊs ˈprɑːfɪt/
UK /ɡroʊs ˈprɑːfɪt/
1.
the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services
:
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The company reported a significant increase in gross profit this quarter.
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Calculating gross profit is the first step in financial analysis.