Gross Profit (Historical)

Returns historical gross profit for a company. Gross profit is the profit remaining after subtracting the cost of revenue from total revenue.

What is Gross Profit?

Gross Profit = Revenue - Cost of Revenue

It measures how efficiently a company produces its goods or services before accounting for operating expenses, interest, and taxes.

Parameters

Parameter Required Description
Symbol Yes Stock ticker symbol
Year Yes Fiscal year (e.g., 2023) or period code (lq, ly)
Quarter No Quarter number 1-4 (default: 1)
TTM No Set to "TTM" for trailing twelve months

Period Codes

Code Meaning
lq Last quarter
lq-1 Two quarters ago
ly Last year
ly-1 Two years ago

Syntax

=hf_Gross_Profit(Symbol, Year, [Quarter], [TTM])
Excel Desktop (Windows)

Parameters

symbolstringRequired

Stock ticker symbol

yearstringRequired

Fiscal year or period code

quarterstring

Calendar quarter (1-4)

TTMstring

Set to 'TTM' for trailing twelve months

Returns

number

Gross profit value

Examples

=hf_Gross_Profit("AAPL", "2023", "4")
Q4 2023 gross profit
=hf_Gross_Profit("MSFT", "2023", "3")
Q3 2023 gross profit
=hf_Gross_Profit("AAPL", "lq")
Last quarter gross profit
=hf_Gross_Profit("GOOGL", "2023", "4", "TTM")
TTM gross profit
=hf_Gross_Profit(A1, B1, C1)
Cell references

When to Use

  • Analyzing profitability trends
  • Calculating gross margin
  • Building financial models
  • Comparing operational efficiency
  • Evaluating pricing power

When NOT to Use

Scenario Use Instead
Need current gross profit GrossProfit()
Need gross margin % GrossMargin()
Need operating profit hf_Operating_Income()
Need EBIT hf_Earning_Before_Interest_and_Taxes()
Need net income hf_Net_Income()

Common Issues & FAQ

Why am I getting "NA"?

Check that:

  • The symbol is valid and has fundamental data available
  • The year/quarter combination exists in the data
  • The company has reported financials for that period

How do I calculate gross margin percentage?

Divide gross profit by revenue: =hf_Gross_Profit("AAPL", "2023", "4") / hf_Revenue("AAPL", "2023", "4")

What's the difference between gross profit and operating income?

Operating income = Gross Profit - Operating Expenses (SG&A, R&D, etc.)

Excel Templates Using Gross Profit (Historical)

These ready-made MarketXLS templates call hf_Gross_Profit() in their worksheet formulas. Open one to see the function working inside a complete model.

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MarketXLS Excel Add-in Tutorial - How to Use Gross Profit (Historical) and Other Financial Formulas
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