REE Automotive (REE) Cost of Revenue (2020 - 2024)
REE Automotive (REE) posted quarterly Cost of Revenue of $1.9 million for Q4 2024, up 105.04% YoY from $913000.0 in Q1 2024, and up 428.81% sequentially from $354000.0 in Q3 2024.
REE Automotive (REE) Cost of Revenue (2020 - 2024) Analysis & Trends
REE Automotive has disclosed Cost of Revenue across 5 years of filings, most recently posting $1.9 million for Q4 2024.
- In Q4 2024, Cost of Revenue rose 105.04% year-over-year to $1.9 million; the TTM figure through Dec 2024 stood at $3.1 million (up 243.35% YoY), while the FY2025 annual figure was $17.6 billion, up 477243.11% from the prior year.
- Cost of Revenue climbed to $1.9 million in Q4 2024, from $354000.0 in the prior quarter.
- Over the last five years, Cost of Revenue for REE reached as high as $1.9 million in Q4 2024 and fell as low as $4.0 in Q2 2021.
- The 5-year median for Cost of Revenue is $141000.0 (2020), against an average of $354378.1.
- Annual changes were most pronounced in 2021 — Cost of Revenue tumbled 100.0% — and 2022, when it surged 224900.0%.
- A 5-year view of Cost of Revenue shows it stood at $78000.0 in 2020, then surged by 741.03% to $656000.0 in 2021, then sank by 98.63% to $9000.0 in 2022, then soared by 10044.44% to $913000.0 in 2023, then surged by 105.04% to $1.9 million in 2024.
- According to Business Quant data, Cost of Revenue over the past three periods registered $1.9 million, $354000.0, and $651.0 for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 1.10 Bn |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 2.32 Bn |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 8.96 Bn |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 3.93 Bn |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | 6.00 Mn |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 2.86 Bn |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 4.17 Bn |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 2.23 Bn |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 618.90 Mn |
| 10 | REE Automotive | 6.75 Mn | -7.50 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 1.87 Mn |
| Dec 31, 2024 | 1.87 Mn |
| Sep 30, 2024 | 354.00 Bn |
| Sep 30, 2024 | 354.00 Bn |
| Jun 30, 2024 | 651.00 |
| Jun 30, 2024 | 651.00 |
| Dec 31, 2023 | 913,000.00 |
| Dec 31, 2023 | 913,000.00 |
| Sep 30, 2023 | 1,414.00 |
| Sep 30, 2023 | 1,414.00 |
| Jun 30, 2022 | 9,000.00 |
| Jun 30, 2022 | 9,000.00 |
| Mar 31, 2022 | 538,000.00 |
| Mar 31, 2022 | 538,000.00 |
| Dec 31, 2021 | 656,000.00 |
| Dec 31, 2021 | 656,000.00 |
| Sep 30, 2021 | 324,000.00 |
| Sep 30, 2021 | 324,000.00 |
| Jun 30, 2021 | 4.00 |
| Jun 30, 2021 | 4.00 |