Quick Answer
REE Automotive Ltd. reported Gross Profit of -$3.50 million for fiscal year 2024.
REE Automotive Ltd. Gross Profit — Annual History
| Fiscal Year | Gross Profit | YoY Change |
|---|---|---|
| 2024 | -$3.50M | -110.5% |
| 2023 | -$1.66M | -203.8% |
| 2022 | -$547.0K | +44.7% |
| 2021 | -$989.0K | -281.9% |
| 2020 | -$259.0K | -235.6% |
| 2019 | $191.0K | — |
- REE Automotive Ltd. showed a decrease of -110.5% in Gross Profit compared to the prior fiscal year.
- Over the 2019–2024 period, REE Automotive Ltd.’s gross profit has declined by 1931.4% (from $191.0 thousand to -$3.50 million).
- The most recent figure is from REE Automotive Ltd.’s fiscal year 2024 report (Form 20-F), filed with the SEC on May 15, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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