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Related to profiting: turn a profit

profit by something

 and profit from something 
1. Lit. to gain money from something. You will surely profit by investing in this stock. I know I will profit from this investment.
2. Fig. to learn from something. I am sure you will profit by your unpleasant experience. Yes, I will profit from my failure.
See also: profit

turn a profit

to earn a profit. The company plans to turn a profit two years from now.
See also: profit, turn

turn a profit

to earn more money than you spend He's been in business five years but has yet to turn a profit.
See also: profit, turn
References in classic literature ?
Now in her faintness of heart at the length and difficulty of her journey, she was most of all afraid of spending her money, and becoming so destitute that she would have to ask people's charity; for Hettv had the pride not only of a proud nature but of a proud class--the class that pays the most poor-rates, and most shudders at the idea of profiting by a poor-rate.
it was evident the old man enjoyed the chase more as a memorial of his youthful sports and deeds than with any expectation of profiting by the success.
Dan, in the meantime, profiting by dark hints from Harvey early that morning, was executing a war-dance on deck.
MY DEAR BROTHER,--I can no longer refuse myself the pleasure of profiting by your kind invitation when we last parted of spending some weeks with you at Churchhill, and, therefore, if quite convenient to you and Mrs.
Would Jacob and Sarah Wade have had the courage to make all their sacrifices, she wondered, if they had known that she and she alone, daughter of a Patrick and Norah Conroy, whom they had never seen, would some day stand there profiting by it all?
What more likely than that Denis Eady had heard of Zeena's departure for Bettsbridge, and was profiting by the opportunity to spend an hour with Mattie?
Because you are capable of receiving the lessons of wisdom, because you are capable of profiting by this discourse which I now deliver for your good, because you are not a stick, or a staff, or a stock, or a stone, or a post, or a pillar.