Reed'S, Inc. (REED) Gross Profit (2010 - 2024)
Reed'S's (REED) quarterly Gross Profit came in at $1.2 million in Q3 2024, down 69.87% YoY from $4.0 million in Q4 2023, and down 68.29% on a QoQ basis from $3.8 million in Q2 2024.
Reed'S, Inc. (REED) Gross Profit (2010 - 2024) Analysis & Trends
Reed'S (REED) has 14 years of Gross Profit data on file, last reported at $1.2 million in Q3 2024.
- Quarterly Gross Profit fell 69.87% year-over-year to $1.2 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $8.9 million (down 29.6% YoY) and the FY2023 annual result came in at $9.7 million, down 19.82% from the prior year.
- Gross Profit fell to $1.2 million in Q3 2024, from $3.8 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $4.0 million in Q3 2023 to a low of $472000.0 in Q4 2023.
- A 4-year average of $2.8 million and a median of $2.9 million in 2022 frame the typical range for Gross Profit.
- The widest YoY moves for Gross Profit: up 65.63% in 2023, down 86.3% in 2023.
- Tracing REED's Gross Profit over 4 years: stood at $3.0 million in 2020, then grew by 15.33% to $3.4 million in 2022, then slumped by 86.3% to $472000.0 in 2023, then jumped by 157.42% to $1.2 million in 2024.
- The last three Gross Profit figures came in at $1.2 million (Q3 2024), $3.8 million (Q2 2024), and $3.4 million (Q1 2024), per Business Quant data.
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Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 1.22 Mn |
| Sep 30, 2024 | 1.22 Mn |
| Jun 30, 2024 | 3.83 Mn |
| Jun 30, 2024 | 3.83 Mn |
| Mar 31, 2024 | 3.41 Mn |
| Mar 31, 2024 | 3.41 Mn |
| Dec 31, 2023 | 472,000.00 |
| Dec 31, 2023 | 472,000.00 |
| Sep 30, 2023 | 4.03 Mn |
| Sep 30, 2023 | 4.03 Mn |
| Jun 30, 2023 | 2.51 Mn |
| Jun 30, 2023 | 2.51 Mn |
| Mar 31, 2023 | 2.70 Mn |
| Mar 31, 2023 | 2.70 Mn |
| Dec 31, 2022 | 3.45 Mn |
| Dec 31, 2022 | 3.45 Mn |
| Sep 30, 2022 | 2.44 Mn |
| Sep 30, 2022 | 2.44 Mn |
| Jun 30, 2022 | 3.30 Mn |
| Jun 30, 2022 | 3.30 Mn |