AeroClean Technologies's gross profit is $8.2M, below the sector sector average of $720M.
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+ FollowAs of Jun 30, 2023
Trailing 12 months ending Jun 30, 2023
AeroClean Technologies's gross profit stands at $8.2M as of June 2023. That compares with $320K in the prior-year period — up 2509.9% year over year. That is below the sector sector average of $720M. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
AeroClean Technologies reported $8.2M in gross profit versus $320K a year earlier — a 2509.9% year-over-year increase. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.
AeroClean Technologies sits lower the its sector benchmark ($720M) with a gross profit of $8.2M. That is roughly 98.9% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
That compares with $320K in the prior-year period — up 2509.9% year over year. Sustained growth in gross profit can support a stronger franchise, while sharp declines may reflect divestitures, weaker demand, or accounting changes. Always read YoY moves with the footnotes of recent filings in mind.
The history chart shows how AeroClean Technologies's gross profit evolved across reporting periods, while the comparison chart places AERC next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.