REE Automotive (REE) Gross Profit (2020 - 2024)

REE Automotive has disclosed Gross Profit across 5 years of filings, most recently posting -$1.9 million for Q4 2024.

• In Q4 2024, Gross Profit fell 506.11% year-over-year to -$1.9 million; the TTM figure through Dec 2024 stood at -$1.7 million (down 479.86% YoY), while the FY2025 annual figure was $16.3 billion, up 465237178.44% from the prior year.
• Gross Profit fell to -$1.9 million in Q4 2024, from -$343000.0 in the prior quarter.
• Over the last five years, Gross Profit for REE reached as high as $458000.0 in Q4 2023 and fell as low as -$4.0 million in Q2 2021.
• The 5-year median for Gross Profit is -$70500.0 (2020), against an average of -$529732.1.
• Annual changes were most pronounced in 2021 — Gross Profit slumped 308471.43% — and 2022, when it surged 99.78%.
• A 5-year view of Gross Profit shows it stood at -$26000.0 in 2020, then slumped by 2423.08% to -$656000.0 in 2021, then soared by 98.63% to -$9000.0 in 2022, then soared by 5188.89% to $458000.0 in 2023, then slumped by 506.11% to -$1.9 million in 2024.
• According to Business Quant data, Gross Profit over the past three periods registered -$1.9 million, -$343000.0, and $651.0 for Q4 2024, Q3 2024, and Q2 2024 respectively.