Quick Answer
PHOENIX MOTOR INC. reported Operating Income of -$30.97 million for fiscal year 2024.
PHOENIX MOTOR INC. Operating Income — Annual History
| Fiscal Year | Operating Income | YoY Change |
|---|---|---|
| 2024 | -$30.97M | -51.0% |
| 2023 | -$20.51M | -55.9% |
| 2022 | -$13.15M | +8.1% |
| 2021 | -$14.31M | — |
Quarterly Operating Income
| Quarter Ending | Operating Income | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | -$1.96M | +76.5% | -16.2% |
| June 30, 2025 | -$1.69M | +76.2% | +12.8% |
| March 31, 2025 | -$1.94M | +81.4% | +76.8% |
| September 30, 2024 | -$8.36M | -229.6% | -17.7% |
| June 30, 2024 | -$7.10M | -124.6% | +31.8% |
| March 31, 2024 | -$10.41M | -183.6% | -310.7% |
| September 30, 2023 | -$2.54M | +31.9% | +19.8% |
| June 30, 2023 | -$3.16M | -60.9% | +13.9% |
- PHOENIX MOTOR INC. showed a decrease of -51.0% in Operating Income compared to the prior fiscal year.
- Over the 2021–2024 period, PHOENIX MOTOR INC.’s operating income has declined by 116.4% (from -$14.31 million to -$30.97 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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