Business Pitch Dictionary by pitch.dog
Revenue, costs & profit · Core

Gross profit

Also called: gross income

ELI5

Revenue minus cost of goods sold or cost of revenue.

Used in conversation

“Keep gross profit on the dashboard, but show the definition and reporting period beside it.”

Pitch context

You will see “Gross profit” in financial models, budgets, board packs and investor materials when the discussion reaches revenue, costs & profit.

Why it matters: In revenue, costs & profit, different calculation boundaries, periods or accounting treatments can change the number and the decision.

Caution

Calculation, recognition and disclosure can vary by accounting framework, company policy and reporting context.

Connected terms

  • Net incomeGross profit subtracts defined cost of revenue; net profit includes the wider operating, financing, tax and other effects for the period.
Sources & evidence · 4

Direct term-level sources and supporting source families.