What is gross profit?

Gross profit is the term for the money a company makes from its main operation (generally, sales) after deducting the cost of that operation (making and selling the product). Gross profit is the profit before deductions for any other expenses involved in running the company. 

For more information on this topic, check out this article from our friends at Investopedia.

https://www.investopedia.com/terms/g/grossprofit.asp#:~:text=Gross%20profit%20is%20the%20profit,