REE Automotive (REEAF) Cost of Revenue (2020 - 2024)
REE Automotive's (REEAF) quarterly Cost of Revenue came in at $1.9 million in 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.
Analysis
REE Automotive (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.
- On a quarterly basis, Cost of Revenue rose 105.04% year-over-year to $1.9 million in Q4 2024; TTM through Dec 2024 was $3.7 million, a 58.19% increase from a year earlier, with the FY2025 full-year figure at $17.6 million, up 377.34% from the prior year.
- Cost of Revenue was $1.9 million for Q4 2024 at REE Automotive, up from $354000.0 in the prior quarter.
- Over five years, Cost of Revenue peaked at $1.9 million in Q4 2024 and troughed at $4000.0 in Q2 2021.
- A 5-year average of $537066.7 and a median of $354000.0 in 2024 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue plunged 98.04% in 2021 and soared 4790.91% in 2022, its largest moves.
- Over 5 years, Cost of Revenue stood at $78000.0 in 2020, then jumped by 741.03% to $656000.0 in 2021, then plunged by 98.63% to $9000.0 in 2022, then surged by 10044.44% to $913000.0 in 2023, then jumped by 105.04% to $1.9 million in 2024.
- The last three Cost of Revenue figures came in at $1.9 million (Q4 2024), $354000.0 (Q3 2024), and $651000.0 (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,182.93 Bn | 1,140.01 Bn | 4.75 Bn | 23.49 Bn |
| 2 | Toyota Motor | 263.16 Bn | 185.17 Bn | 12.27 Bn | 63.91 Bn |
| 3 | Honda Motor | 147.46 Bn | 109.00 Bn | 8.46 Bn | 29.57 Bn |
| 4 | Ford Motor | 81.47 Bn | 50.17 Bn | 6.08 Bn | 42.22 Bn |
| 5 | General Motors | 75.12 Bn | 52.04 Bn | 7.33 Bn | 40.70 Bn |
| 6 | Rivian Automotive | 21.83 Bn | 16.54 Bn | 179.00 Mn | 1.48 Bn |
| 7 | Li Auto | 11.97 Bn | -518.15 Mn | 417.98 Mn | 3.36 Bn |
| 8 | Xpeng | 10.02 Bn | 7.71 Bn | 601.83 Mn | 2.31 Bn |
| 9 | Nio | 9.11 Bn | 2.78 Bn | 870.51 Mn | 3.87 Bn |
| 10 | REE Automotive | 287,439.13 | -13.96 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 1.87 Mn |
| Sep 30, 2024 | 354,000.00 |
| Jun 30, 2024 | 651,000.00 |
| Mar 31, 2024 | 804,000.00 |
| Dec 31, 2023 | 913,000.00 |
| Sep 30, 2023 | 1.41 Mn |
| Jun 30, 2022 | 9,000.00 |
| Mar 31, 2022 | 538,000.00 |
| Dec 31, 2021 | 656,000.00 |
| Sep 30, 2021 | 324,000.00 |
| Jun 30, 2021 | 4,000.00 |
| Mar 31, 2021 | 11,000.00 |
| Dec 31, 2020 | 78,000.00 |
| Sep 30, 2020 | 224,000.00 |
| Jun 30, 2020 | 204,000.00 |