Gross profit is the profit a company makes after deducting the costs of making and selling its products, or the costs of providing its services.
| Gross Profit | Gross profit is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Gross profit will appear on a company's income statement and can be calculated by subtracting the cost of goods sold (COGS) from revenue (sales). These figures can be found on a company's income statement.
Gross profit may also go by sales profit or gross income. | Read More » | Related to "Gross Profit" | | Marginal Profit | Marginal profit is the profit earned by a firm or individual when one additional unit is produced and sold. | Read More » | | Variable Cost | A variable cost is a corporate expense that changes in proportion to production output. Variable costs increase or decrease depending on a company's production volume; they rise as production increases and fall as production decreases. | Read More » | | Profitability Ratios | Profitability ratios are a class of financial metrics used to assess a business's ability to generate profit relative to items such as its revenue, operating costs, or balance sheet assets over time. | Read More » | | | | | CONNECT WITH INVESTOPEDIA | | | | | |
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