Income Statement
What is Gross Profit?
Revenue left after the direct cost of what was sold, before overheads like research, marketing and management.
How it is calculated
Revenue minus cost of revenue.
How to read it
Read it together with gross margin, which puts it in proportion to sales.
Where the numbers come from
Scrutar computes Gross Profit from the figures each company reports to the SEC in its annual and quarterly filings, using the XBRL data attached to those filings.