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gross profit

   Also found in: Dictionary/thesaurus, Legal, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.04 sec.
Gross profit
Sales minus the cost of goods sold.
gross profit
Total revenue of a business minus the cost of goods it sold. Gross profit does not include income from incidental sources and also excludes selling and administrative expenses. Compare net income.


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? Mentioned in ? References in periodicals archive
 
To fully evaluate market changes, it is necessary to determine the effects of these changes on gross profit (milk revenue minus feed cost) to be able to predict cash flow changes in the coming months.
Project gross margins by Little, Dan / Dairy Today
Gross profit was $34 million in the fourth quarter of 2006 as compared to $21 million in the same period of 2005.
Dayton Superior Reports Fourth Quarter and Full Year 2006 Results by Business Wire
Our Transportation gross profit margin increased to 18.
C.H. Robinson Reports Fourth Quarter and Annual Results by Business Wire
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