REE Automotive Ltd. (REEAF) Cost of Revenue (2020 - 2024)
REE Automotive (REEAF) posted quarterly Cost of Revenue of $1.9 million for Q4 2024, up 105.04% year-over-year from $913000.0 in Q1 2024, and up 428.81% quarter-over-quarter from $354000.0 in Q3 2024.
REE Automotive Ltd. (REEAF) Cost of Revenue (2020 - 2024) Analysis & Trends
REE Automotive (REEAF) has reported Cost of Revenue for 5 consecutive years, with $1.9 million the latest figure, recorded in 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 $4.6 million (up 402.33% YoY), while the FY2025 annual figure was $17.6 billion, up 477243.11% from the prior year.
- Cost of Revenue improved to $1.9 million in Q4 2024 per REEAF's latest filing, from $354000.0 in the prior quarter.
- Across five years, Cost of Revenue topped out at $4.0 million in Q2 2021 and bottomed at $224.0 in Q3 2020.
- Historically, Cost of Revenue has averaged $743927.6 across 5 years, with a median of $339000.0 in 2021.
- Annual changes were most pronounced in 2021 — Cost of Revenue soared 144542.86% — and 2022, when it slumped 99.78%.
- REE Automotive's Cost of Revenue stood at $78000.0 in 2020, then soared by 741.03% to $656000.0 in 2021, then plunged by 98.63% to $9000.0 in 2022, then jumped by 10044.44% to $913000.0 in 2023, then soared by 105.04% to $1.9 million in 2024.
- Business Quant data shows REEAF's Cost of Revenue at $1.9 million in Q4 2024, $354000.0 in Q3 2024, and $1.5 million in Q2 2024.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 1.87 Mn |
| Dec 31, 2024 | 1.87 Mn |
| Sep 30, 2024 | 354,000.00 |
| Sep 30, 2024 | 354,000.00 |
| Jun 30, 2024 | 1.45 Mn |
| Jun 30, 2024 | 1.45 Mn |
| 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 Mn |
| Jun 30, 2021 | 4.00 Mn |