This question is about firearm industry statistics.

Are gun manufacturers profitable?

By Zippia Team - Jun. 29, 2022

Yes, gun manufacturers are profitable. Gun manufacturers made $19.9 billion in 2020, with most of that money coming from defense contracts. While the industry does make a considerable amount from consumers, its profits are also heavily propped up by the U.S. government.

In fact, gun manufacturers make far more than the shop owners who sell the guns to consumers. The markup on guns can be as low as 10%, leaving owners with very little of the profits.

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