Quick Answer
Erayak Power Solution Group Inc. reported Gross Profit of $3.99 million for fiscal year 2024.
Erayak Power Solution Group Inc. Gross Profit — Annual History
| Fiscal Year | Gross Profit | YoY Change |
|---|---|---|
| 2024 | $3.99M | -20.5% |
| 2023 | $5.02M | -24.1% |
| 2022 | $6.62M | +15.7% |
| 2021 | $5.72M | +50.6% |
| 2020 | $3.80M | — |
- Erayak Power Solution Group Inc. showed a decrease of -20.5% in Gross Profit compared to the prior fiscal year.
- Over the 2020–2024 period, Erayak Power Solution Group Inc.’s gross profit has grown by 5.1% (from $3.80 million to $3.99 million).
- The most recent figure is from Erayak Power Solution Group Inc.’s fiscal year 2024 report (Form 20-F), filed with the SEC on April 23, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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