Net sales → Revenue: $54.2BRevenue → Merchandise cost: $48.4BRevenue → Gross profit: $6.8BGross profit → Selling, general & administrative: $4.9BGross profit → Operating profit: $1.9BOperating profit → Net profit: $1.4BMembership fees → Revenue: $1.0BOperating profit → Tax: $0.5BInterest → Net profit: $0.1BNet sales: $54.2BRevenue: $55.3BMembership fees: $1.0BGross profit: $6.8BMerchandise cost: $48.4BOperating profit: $1.9BSelling, general & administrative: $4.9BInterest: $0.1BNet profit: $1.5BTax: $0.5Bcreated with SankeyArt.comNet sales$54.2B6% Y/YRevenue$55.3B6% Y/YMembership fees$1.0B6% Y/YGross profit$6.8B7% Y/YMerchandise cost$48.4B6% Y/YOperating profit$1.9B5% Y/YSelling, general & administrative$4.9B8% Y/YInterest$0.1B+/- flip Y/YNet profit$1.5B13% Y/YTax$0.5B7% Y/YCostco Q2 FY23 Income Statement