Sunday, 8 November 2026 Weekly snapshot · Not investment advice standard-equity.report
Income Statement
Gross Profit
Revenue minus the direct cost of producing what was sold.
Definition
Gross profit is what's left after subtracting cost of goods sold (COGS) from revenue. For a software company COGS is mostly hosting; for a manufacturer it's raw materials and direct labour.
Formula
Revenue − Cost of Goods Sold
Why it matters
Gross profit represents the dollars available to pay for everything else — research, marketing, overhead, and ultimately profit. A business whose gross profit is shrinking has no buffer for any of those costs.
How Standard Equity uses it
Not shown as a dollar figure. Its margin (gross profit ÷ revenue) is in the main table, and the SE Grade's moat pillar checks how stable that margin has been.
The metric
| Category | Income Statement |
|---|---|
| Unit | $M |