Operating Income

Gross Profit

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

Higher gross profit indicates a strong ability to command premium pricing and manage production costs effectively.

Detailed definition

The profit a company makes after deducting the costs associated with making and selling its products, or the costs assoc...

Peer comparison

Premium hardware brands aim for higher gross profit margins than commodity electronics manufacturers.

Metric ID: gross_profit

Business Segments

View all
SegmentQ3 '23Q3 '24
Completion And Production$746.00M$669.00M
Drilling And Evaluation$378.00M$406.00M
Total

Completion And Production, Drilling And Evaluation were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Gross Profit at Other Companies

Frequently Asked Questions

What does gross profit mean?
The money left over from sales after paying for the direct cost of goods sold.