Accounting profit is a company's total earnings, calculated according to generally accepted accounting principles (GAAP).

Gross profit is the profit a company makes after deducting the costs of making and selling its products or services. It's also referred to as gross income.

Gross Profit vs. Net Profit: What Is the Difference? Your email has been sent A business’s health is measured differently depending on which costs are considered. Gross profit paints a different ...