What is the difference between gross profit and net profit?
submitted by Frobert

Link

Gross profit is what you get after subtracting the cost of goods sold from your total sales. (Gross Profit Calculator)

Net profit, on the other hand, is what you're left with after subtracting all expenses from gross profit. So, you'd subtract operating costs, taxes, and interest. (Net Profit Calculator)

Gross profit shows how well you're doing just on your products, while net profit shows overall profitability.

zeldin

Gross profit is sales minus the direct costs of making the products. Net profit takes it further and subtracts all other expenses, including overhead, taxes, and interest, giving you the bottom-line profit of the whole business.

kamshaft

Gross profit is the money you make from selling products before paying for general business expenses. Revenue - Cost of Goods Sold = Gross Profit
Net profit is what you actually keep after paying all the bills, taxes, and other expenses. Net Profit = Gross Profit - Other Business Expenses