The amount of revenue left over after subtracting cost of goods sold. Can be represented as an absolute number or a percentage. Example: Our gross margin is about 40%, so for every $100 of sales we end up with $60 of net revenue.

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The amount of revenue left over after subtracting cost of goods sold. Can be represented as an absolute number or a percentage. Example: Our gross margin is about 40%, so for every $100 of sales we end up with $60 of net revenue.
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