Gross Revenue (Noun)
Meaning
Income (at invoice values) received for goods and services over some given period of time.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The company's gross revenue increased by 10% last quarter due to strong sales of their new product line.
- To calculate the company's net income, we first need to know its gross revenue and then subtract all the expenses.
- Gross revenue from ticket sales for the concert was $1 million, but after expenses, the net profit was only $200,000.
- The business's gross revenue for the year was $500,000, but its net income was significantly lower due to high operating costs.
- After analyzing the company's financial reports, we found that the gross revenue from their online sales channel had doubled over the past two years.