TTM
$427.02M
YoY change
+12.6%
5Y CAGR
+7.5%
Peak year (2025)
$421.93M
Cumulative gross profit
$7.46B
Gross Profit history chart for 1st Source (SRCE) from 1985 to 2025
Latest: $421.93M
Gross Profit growth chart for 1st Source (SRCE) from 1985 to 2025
Latest: +12.6%
Gross Profit history table for 1st Source (SRCE) from 1985 to 2025
| 2025 | $421.93M | +12.6% | +$47.27M | ||
| 2024 | $374.66M | +3.1% | +$11.25M | ||
| 2023 | $363.40M | +6.4% | +$21.92M | ||
| 2022 | $341.49M | +0.1% | +$453.00K | ||
| 2021 | $341.03M | +16.1% | +$47.33M | ||
| 2020 | $293.71M | -5.0% | −$15.46M | ||
| 2019 | $309.16M | +6.1% | +$17.67M | ||
| 2018 | $291.49M | +5.9% | +$16.14M | ||
| 2017 | $275.36M | +8.9% | +$22.59M | ||
| 2016 | $252.77M | +2.1% | +$5.09M | ||
| 2015 | $247.68M | +5.6% | +$13.19M | ||
| 2014 | $234.48M | +0.5% | +$1.23M | ||
| 2013 | $233.26M | +2.7% | +$6.04M | ||
| 2012 | $227.22M | +0.5% | +$1.07M | ||
| 2011 | $226.14M | +5.2% | +$11.16M | ||
| 2010 | $214.98M | +17.7% | +$32.34M | ||
| 2009 | $182.64M | -8.5% | −$16.87M | ||
| 2008 | $199.51M | +9.6% | +$17.52M | ||
| 2007 | $182.00M | -2.0% | −$3.76M | ||
| 2006 | $185.75M | +7.5% | +$12.94M | ||
| 2005 | $172.82M | +7.2% | +$11.62M | ||
| 2004 | $161.19M | -2.9% | −$4.89M | ||
| 2003 | $166.09M | +9.2% | +$13.94M | ||
| 2002 | $152.15M | -15.4% | −$27.74M | ||
| 2001 | $179.89M | +12.0% | +$19.24M | ||
| 2000 | $160.65M | +3.2% | +$5.05M | ||
| 1999 | $155.60M | +13.6% | +$18.60M | ||
| 1998 | $137.00M | +18.5% | +$21.40M | ||
| 1997 | $115.60M | +20.0% | +$19.30M | ||
| 1996 | $96.30M | +10.8% | +$9.40M | ||
| 1995 | $86.90M | +14.5% | +$11.00M | ||
| 1994 | $75.90M | +8.0% | +$5.60M | ||
| 1993 | $70.30M | +8.8% | +$5.70M | ||
| 1992 | $64.60M | +13.7% | +$7.80M | ||
| 1991 | $56.80M | +10.3% | +$5.30M | ||
| 1990 | $51.50M | +5.3% | +$2.60M | ||
| 1989 | $48.90M | — | +$48.90M | ||
| 1988 | $0.00 | — | $0.00 | ||
| 1987 | $0.00 | — | $0.00 | ||
| 1986 | $0.00 | — | $0.00 | ||
| 1985 | $0.00 | — | — |
- 2025$421.93M+12.6%
- 2024$374.66M+3.1%
- 2023$363.40M+6.4%
- 2022$341.49M+0.1%
- 2021$341.03M+16.1%
- 2020$293.71M-5.0%
- 2019$309.16M+6.1%
- 2018$291.49M+5.9%
- 2017$275.36M+8.9%
- 2016$252.77M+2.1%
- 2015$247.68M+5.6%
- 2014$234.48M+0.5%
- 2013$233.26M+2.7%
- 2012$227.22M+0.5%
- 2011$226.14M+5.2%
- 2010$214.98M+17.7%
- 2009$182.64M-8.5%
- 2008$199.51M+9.6%
- 2007$182.00M-2.0%
- 2006$185.75M+7.5%
- 2005$172.82M+7.2%
- 2004$161.19M-2.9%
- 2003$166.09M+9.2%
- 2002$152.15M-15.4%
- 2001$179.89M+12.0%
- 2000$160.65M+3.2%
- 1999$155.60M+13.6%
- 1998$137.00M+18.5%
- 1997$115.60M+20.0%
- 1996$96.30M+10.8%
- 1995$86.90M+14.5%
- 1994$75.90M+8.0%
- 1993$70.30M+8.8%
- 1992$64.60M+13.7%
- 1991$56.80M+10.3%
- 1990$51.50M+5.3%
- 1989$48.90M—
- 1988$0.00—
- 1987$0.00—
- 1986$0.00—
- 1985$0.00—
Gross Profit values are taken from 1st Source's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Profit at 1st Source (SRCE)
According to 1st Source's latest reported financial statements, the company's current gross profit (TTM) is $427.02M. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
1st Source (SRCE) most recent annual gross profit stands at $421.93M (2025) – grew 12.6% year-over-year.
Over 2020–2025 (5 years), 1st Source gross profit expanded at a +7.5% compound annual rate, sustaining 5 straight years of year-over-year growth.
2025 marks the peak gross profit at $421.93M, with the historical low of $0.00 recorded in 1985.
1st Source Gross Profit by Year
1st Source Gross Profit 2025: $421.93M
2025's gross profit for 1st Source came in at $421.93M, grew 12.6% from 2024. This figure represents the highest annual value in the available history.
1st Source Gross Profit 2024: $374.66M
1st Source posted gross profit of $374.66M in 2024, edged up 3.1% from 2023.
1st Source Gross Profit 2023: $363.40M
In 2023, 1st Source reported gross profit of $363.40M, grew 6.4% from 2022.
1st Source Gross Profit 2022: $341.49M
1st Source gross profit in 2022 was $341.49M, edged up 0.1% from 2021.
1st Source Gross Profit 2021: $341.03M
1st Source gross profit in 2021 was $341.03M.
See more financial history for 1st Source (SRCE).
Sector peers by Gross Profit
Financial Services peers of 1st Source (SRCE), ranked by their latest gross profit
| $167.61B | |
| $107.42B | |
| $87.78B | |
| $80.04B | |
| $65.62B | |
| $59.40B | |
| $32.15B | |
| $27.36B |
- $167.61B
- $107.42B
- $87.78B
- $80.04B
- $65.62B
- $59.40B
- $32.15B
- $27.36B
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1st Source (SRCE) Key Financials
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