What is the meaning of gross profit?

Sales less cost of goods or services sold. Also referred to as' gross profit' margin, or gross profit, and often abbreviated to simply' margin'. See also:' net profit'.

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APABarry Goldsmith. (2010). gross profit. Retrieved September 29, 2026, from http://smartdefine.org/gross_profit/definitions/1155160
ChicagoBarry Goldsmith. 2010. "gross profit" http://smartdefine.org/gross_profit/definitions/1155160 (accessed September 29, 2026).
HarvardBarry Goldsmith 2010, gross profit, Smart Define, viewed 29 September, 2026, <http://smartdefine.org/gross_profit/definitions/1155160>.
MLABarry Goldsmith. "gross profit" 21 October 2010. Web. 29 September 2026. <http://smartdefine.org/gross_profit/definitions/1155160>
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