Quick Answer
PHOENIX MOTOR INC. reported Net Income of $7.93 million for fiscal year 2024.
PHOENIX MOTOR INC. Net Income — Annual History
| Fiscal Year | Net Income | YoY Change |
|---|---|---|
| 2024 | $7.93M | +138.4% |
| 2023 | -$20.64M | -62.5% |
| 2022 | -$12.71M | +13.1% |
| 2021 | -$14.61M | — |
Quarterly Net Income
| Quarter Ending | Net Income | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | -$3.68M | +34.2% | -219.4% |
| June 30, 2025 | -$1.15M | -139.0% | +67.9% |
| March 31, 2025 | -$3.59M | -121.4% | +35.9% |
| September 30, 2024 | -$5.59M | -106.2% | -289.3% |
| June 30, 2024 | $2.95M | +192.9% | -82.4% |
| March 31, 2024 | $16.77M | +703.8% | +718.7% |
| September 30, 2023 | -$2.71M | +31.0% | +14.7% |
| June 30, 2023 | -$3.18M | -65.0% | -14.4% |
- PHOENIX MOTOR INC. showed an increase of +138.4% in Net Income compared to the prior fiscal year.
- Over the 2021–2024 period, PHOENIX MOTOR INC.’s net income has grown by 154.3% (from -$14.61 million to $7.93 million).
- The most recent figure is from PHOENIX MOTOR INC.’s fiscal year 2024 report (Form 10-K), filed with the SEC on May 30, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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