Enterprise glossary and term center

Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.

Gross Profit - What is the difference between gross margin and gross profit?

Gross margin is the difference between revenue and cost of goods sold (COGS), divided by revenue. ... `Gross margin` is often used interchangeably with `gross profit`, however the terms are different: `gross profit` is technically an absolute monetary amount and `gross margin` is technically a percentage or ratio.