Latch (LTCH) Gross Profit (2020 - 2026)
Latch (LTCH) recorded Gross Profit of $7.66 million in Q2 2026, down 6.6% from $8.2 million a year earlier and down 6.8% from the prior quarter.
Powered by 
Analysis
Latch (LTCH) Gross Profit (2020 - 2026) Analysis & Trends
On a TTM basis, Latch's Gross Profit came in at $27.05 million as of Jun 30, 2026, down 4.3% year-over-year; for FY2025, it came in at $26.85 million, up 7.4% from FY2024.
- Across earlier years, Gross Profit came in at $24.99 million in FY2024 (+102.8%), $12.33 million in FY2023, -$3.92 million in FY2022 and -$5.04 million in FY2021.
- Quarterly Gross Profit has ranged from -$4.54 million in Q4 2021 to $8.22 million in Q1 2026 over the past five years.
- On a year-over-year basis, Gross Profit rose in five of the last eight quarters, with growth averaging 9.1%.
- Peak year-over-year performance for Gross Profit in the last five years was growth of 199.6% in Q3 2023, against a decline of 47.1% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $8.22 million (Q1 2026), $3.46 million (Q4 2025) and $7.72 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 44.24 Bn | 16.49 Bn | 695.95 Mn |
| 3 | Samsara | 24.06 Bn | 20.83 Bn | 392.58 Mn |
| 4 | Toast | 17.18 Bn | 9.85 Bn | 516.00 Mn |
| 5 | Ptc | 15.95 Bn | 14.76 Bn | 490.47 Mn |
| 6 | Duolingo | 13.49 Bn | 8.67 Bn | 216.74 Mn |
| 7 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn |
| 8 | Manhattan Associates | 11.90 Bn | 10.90 Bn | 168.33 Mn |
| 9 | Costar | 11.09 Bn | 5.06 Bn | 728.00 Mn |
| 10 | Latch | 26.50 Mn | -102.75 Mn | 7.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.66 Mn |
| Mar 31, 2026 | 8.22 Mn |
| Dec 31, 2025 | 3.46 Mn |
| Sep 30, 2025 | 7.72 Mn |
| Jun 30, 2025 | 8.20 Mn |
| Mar 31, 2025 | 7.48 Mn |
| Dec 31, 2024 | 6.53 Mn |
| Sep 30, 2024 | 6.08 Mn |
| Jun 30, 2024 | 5.93 Mn |
| Mar 31, 2024 | 6.45 Mn |
| Dec 31, 2023 | 4.82 Mn |
| Sep 30, 2023 | 6.09 Mn |
| Jun 30, 2023 | 3.90 Mn |
| Mar 31, 2023 | -2.49 Mn |
| Dec 31, 2022 | -2.32 Mn |
| Sep 30, 2022 | 2.03 Mn |
| Jun 30, 2022 | -3.25 Mn |
| Mar 31, 2022 | -388,000.00 |
| Dec 31, 2021 | -4.54 Mn |
| Sep 30, 2021 | -586,000.00 |
API Access
Latch Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=LTCH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "LTCH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=LTCH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();