REE Automotive Ltd. Financial Summary

Quick Answer

REE Automotive Ltd. reported Total Revenue of $183.0 thousand for fiscal year 2024.

REE Automotive Ltd. — Key Financials by Year

Metric 2024 2023 2022 2021 2020 2019
Total Revenue $183.0K
-88.6%
$1.61M $0.00
-100.0%
$6.0K
-98.5%
$388.0K
-43.0%
$681.0K
Revenue (ASC 606) $183.0K
-88.6%
$1.61M $0.00
-100.0%
$6.0K
-98.5%
$388.0K
-43.0%
$681.0K
Net Income -$111.75M
+2.1%
-$114.21M
-6.3%
-$107.42M
+78.7%
-$505.33M
-646.3%
-$67.71M
-455.3%
-$12.20M
Total Assets $130.28M
-5.5%
$137.90M
-35.9%
$215.01M
-26.6%
$292.94M
+497.7%
$49.01M
Cash and Equivalents $72.26M
+75.3%
$41.23M
-27.4%
$56.76M
-79.4%
$275.77M
+516.8%
$44.71M
+61.9%
$27.62M
Stockholders Equity $23.13M
-70.4%
$78.08M
-55.5%
$175.41M
-29.9%
$250.40M
+447.0%
$45.78M
+65.8%
$27.61M
+107.1%
R&D Expense $49.46M
-40.2%
$82.66M
+5.7%
$78.22M
-69.0%
$252.42M
+753.1%
$29.59M
+320.4%
$7.04M
Operating Income -$79.13M
+34.0%
-$119.89M
+6.3%
-$127.97M
+75.2%
-$515.50M
-657.0%
-$68.10M
-385.5%
-$14.03M
Gross Profit -$3.50M
-110.5%
-$1.66M
-203.8%
-$547.0K
+44.7%
-$989.0K
-281.9%
-$259.0K
-235.6%
$191.0K
Shares Outstanding 11.23M
+2.9%
10.92M
-96.6%
317.68M
  • REE Automotive Ltd. reported Total Revenue of $183.0 thousand for fiscal year 2024.
  • REE Automotive Ltd. showed a decrease of -88.6% in Total Revenue compared to the prior fiscal year.
  • REE Automotive Ltd. reported Revenue (ASC 606) of $183.0 thousand for fiscal year 2024.
  • REE Automotive Ltd. showed a decrease of -88.6% in Revenue (ASC 606) compared to the prior fiscal year.
  • REE Automotive Ltd. reported Net Income of -$111.75 million for fiscal year 2024.
  • REE Automotive Ltd. showed an increase of +2.1% in Net Income compared to the prior fiscal year.
  • REE Automotive Ltd. reported Total Assets of $130.28 million for fiscal year 2024.
  • REE Automotive Ltd. showed a decrease of -5.5% in Total Assets compared to the prior fiscal year.
  • REE Automotive Ltd. reported Cash and Equivalents of $72.26 million for fiscal year 2024.
  • REE Automotive Ltd. showed an increase of +75.3% in Cash and Equivalents compared to the prior fiscal year.
  • REE Automotive Ltd. reported Stockholders Equity of $23.13 million for fiscal year 2024.
  • REE Automotive Ltd. showed a decrease of -70.4% in Stockholders Equity compared to the prior fiscal year.
  • REE Automotive Ltd. reported R&D Expense of $49.46 million for fiscal year 2024.
  • REE Automotive Ltd. showed a decrease of -40.2% in R&D Expense compared to the prior fiscal year.
  • REE Automotive Ltd. reported Operating Income of -$79.13 million for fiscal year 2024.
  • REE Automotive Ltd. showed an increase of +34.0% in Operating Income compared to the prior fiscal year.
  • REE Automotive Ltd. reported Gross Profit of -$3.50 million for fiscal year 2024.
  • REE Automotive Ltd. showed a decrease of -110.5% in Gross Profit compared to the prior fiscal year.
  • REE Automotive Ltd. reported Shares Outstanding of 11.23 million shares for fiscal year 2023.
  • REE Automotive Ltd. showed an increase of +2.9% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

Last verified:

Leave a Comment