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

REE Automotive (REEAF) has reported Gross Profit for 5 consecutive years, with -$1.9 million the latest figure, recorded in Q4 2024.

• On a quarterly basis, Gross Profit fell 306.11% year-over-year to -$1.9 million in Q4 2024; TTM through Dec 2024 was -$3.5 million, a 110.47% decrease from a year earlier, with the FY2025 full-year figure at -$16.3 million, down 365.24% from the prior year.
• Gross Profit was -$1.9 million for Q4 2024 at REE Automotive, down from -$343000.0 in the prior quarter.
• Over five years, Gross Profit peaked at -$4000.0 in Q2 2021 and troughed at -$1.9 million in Q4 2024.
• A 5-year average of -$462800.0 and a median of -$343000.0 in 2024 frame the typical range for Gross Profit.
• Across the five-year window, Gross Profit soared 96.52% in 2021 and plunged 10660.0% in 2022, its largest moves.
• Over 5 years, Gross Profit stood at -$26000.0 in 2020, then sank by 2423.08% to -$656000.0 in 2021, then surged by 98.63% to -$9000.0 in 2022, then plunged by 4988.89% to -$458000.0 in 2023, then tumbled by 306.11% to -$1.9 million in 2024.
• The last three Gross Profit figures came in at -$1.9 million (Q4 2024), -$343000.0 (Q3 2024), and -$651000.0 (Q2 2024), per Business Quant data.