REE Automotive Ltd. (REEAF) Net Income (2020 - 2024)
REE Automotive (REEAF) posted quarterly Net Income of $37.3 million for Q4 2024, up 205.86% year-over-year from $12.2 million in Q1 2024, and down 3.1% quarter-over-quarter from $38.5 million in Q3 2024.
REE Automotive Ltd. (REEAF) Net Income (2020 - 2024) Analysis & Trends
REE Automotive (REEAF) has reported Net Income for 5 consecutive years, with $37.3 million the latest figure, recorded in Q4 2024.
- In Q4 2024, Net Income rose 205.86% year-over-year to $37.3 million; the TTM figure through Dec 2025 stood at $75.8 million (down 32.19% YoY), while the FY2025 annual figure was $55.8 million, down 50.06% from the prior year.
- Net Income slipped to $37.3 million in Q4 2024 per REEAF's latest filing, from $38.5 million in the prior quarter.
- Across five years, Net Income topped out at $964.0 million in Q4 2021 and bottomed at -$414.9 million in Q3 2021.
- Historically, Net Income has averaged $25.9 million across 5 years, with a median of $12.6 million in 2021.
- On a YoY basis, Net Income climbed as much as 9093.46% in 2021 and fell as far as 2108.47% in 2021.
- REE Automotive's Net Income stood at -$10.7 million in 2020, then jumped by 9093.46% to $964.0 million in 2021, then slumped by 102.83% to -$27.3 million in 2022, then dropped by 29.25% to -$35.2 million in 2023, then surged by 205.86% to $37.3 million in 2024.
- Business Quant data shows REEAF's Net Income at $37.3 million in Q4 2024, $38.5 million in Q3 2024, and $61.2 million in Q2 2024.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 37.30 Mn |
| Sep 30, 2024 | 38.49 Mn |
| Jun 30, 2024 | 61.15 Mn |
| Mar 31, 2024 | -25.18 Mn |
| Dec 31, 2023 | -35.23 Mn |
| Sep 30, 2023 | -133.81 Mn |
| Jun 30, 2023 | 26.21 Mn |
| Mar 31, 2023 | 28.62 Mn |
| Dec 31, 2022 | -27.26 Mn |
| Sep 30, 2022 | 33.45 Mn |
| Jun 30, 2022 | 23.69 Mn |
| Mar 31, 2022 | 23.02 Mn |
| Dec 31, 2021 | 964.01 Mn |
| Sep 30, 2021 | -414.91 Mn |
| Jun 30, 2021 | -56.37 Mn |
| Mar 31, 2021 | 12.60 Mn |
| Dec 31, 2020 | -10.72 Mn |
| Sep 30, 2020 | -18.79 Mn |
| Jun 30, 2020 | -33.85 Mn |