Gross Profit Cost of Goods Sold (GPCOGS) is a business concept used to determine how much a company has earned in profits through the sale of its products or services. It can also be used to measure efficiency or evaluate customer demand. GPCOGS is calculated by subtracting the cost of goods sold (COGS) from total revenue. This figure provides a business with an estimate of how much it earns on each product or service sold, and is a key indicator for profitability. Knowing your GPCOGS helps you identify opportunities to improve operations, pricing strategies, and more. With this in mind, companies need to pay close attention to their GPCOGS to ensure they remain profitable and competitive in their industry.