Because revenues do not account for costs or expenses, a company’s profits, or bottom line, will be lower than its revenue. There is a standard way that most companies calculate revenue.

We first subtract the cost of goods sold (COGS) from total revenue to calculate the gross profit. COGS totals $126,584 million. Selling, administrative, and other fixed expenses aren't included.

Companies that apply must meet eligibility requirements: All companies that apply to the Inc. Regionals must provide gross annual revenue for their base year (2021) and for the end year (2023). Those ...