Meaning of the word "Gross revenue" in English

What does "Gross revenue" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

Gross revenue

US /ɡroʊs ˈrɛv.ə.nuː/
UK /ɡrəʊs ˈrɛv.ə.njuː/

Noun

the total amount of money received by a company from its sales of goods or services before any expenses are deducted

Example:
The company reported a significant increase in gross revenue this quarter.
Understanding the difference between gross revenue and net revenue is crucial for financial analysis.