REE Automotive Ltd. (REEAF) Gross Profit (2020 - 2024)
REE Automotive (REEAF) posted quarterly Gross Profit of $1.9 million for Q4 2024, up 306.11% year-over-year from $458000.0 in Q1 2024, and up 442.27% quarter-over-quarter from $343000.0 in Q3 2024.
REE Automotive Ltd. (REEAF) Gross Profit (2020 - 2024) Analysis & Trends
REE Automotive (REEAF) has reported Gross Profit for 5 consecutive years, with $1.9 million the latest figure, recorded in Q4 2024.
- In Q4 2024, Gross Profit rose 306.11% year-over-year to $1.9 million; the TTM figure through Dec 2024 stood at $1.4 million (up 199.18% YoY), while the FY2025 annual figure was $16.3 billion, up 465237178.44% from the prior year.
- Gross Profit climbed to $1.9 million in Q4 2024 per REEAF's latest filing, from $343000.0 in the prior quarter.
- Across five years, Gross Profit topped out at $1.9 million in Q4 2024 and bottomed at -$4.0 million in Q2 2021.
- Historically, Gross Profit has averaged -$307689.9 across 5 years, with a median of -$17500.0 in 2020.
- Annual changes were most pronounced in 2021 — Gross Profit plunged 308471.43% — and 2024, when it surged 28588.37%.
- REE Automotive's Gross Profit stood at -$26000.0 in 2020, then sank by 2423.08% to -$656000.0 in 2021, then jumped by 98.63% to -$9000.0 in 2022, then jumped by 5188.89% to $458000.0 in 2023, then surged by 306.11% to $1.9 million in 2024.
- Business Quant data shows REEAF's Gross Profit at $1.9 million in Q4 2024, $343000.0 in Q3 2024, and -$1.3 million in Q2 2024.
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Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 1.86 Mn |
| Dec 31, 2024 | 1.86 Mn |
| Sep 30, 2024 | 343,000.00 |
| Sep 30, 2024 | 343,000.00 |
| Jun 30, 2024 | -1.29 Mn |
| Jun 30, 2024 | -1.29 Mn |
| Dec 31, 2023 | 458,000.00 |
| Dec 31, 2023 | 458,000.00 |
| Sep 30, 2023 | -1,204.00 |
| Sep 30, 2023 | -1,204.00 |
| 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 |