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> Amazon annual gross profit for 2021 was $197.478B, a 29.28% increase from 2020. https://www.macrotrends.net/stocks/charts/AMZN/amazon/gross-profit https://ww

• sib 4y ago
  Gross profit is not profit. And the comment said "profit" not gross profit.
• dh2022 4y ago
  Hello Kenny - some clarification seems to be needed re: some financial metrics. 1. Gross profit = revenue - COGS 2. COGS = price paid to manufacturer + transportation costs from manufacturer to the warehouse and from warehouse to customer COGS does not include warehouse rent and utilities - these are operating expenses. Hopefully this makes it clear that my reply to your other comment was in good faith and not a straw man. The metric you proposed is not a good metric. Amazon cannot function if Gross profit is 0 --- because it would not be able to pay for the rest of the stuff it needs to function: executives, software developers, warehouses. Saying all the expenses not included in COGS are discretionary is just not true - some of theses expenses are essential.