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Desktop Metal Gross Profit

Desktop Metal's gross profit is $-21M, below the Technology sector average of $260B.

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Quarterly Gross Profit

$3.16M
64.29% YoY

As of Sep 30, 2024

Annual Gross Profit (TTM)

$-20944000.00
240% YoY

Trailing 12 months ending Sep 30, 2024

Average Gross Profit (Comparison Companies)

Gross Profit History

Gross Profit Comparison

Annual Gross Profit Growth Rate (%)

Annual Gross Profit Growth (Absolute)

Desktop Metal (DM) FAQ

The latest gross profit for DM is $-21M as of September 2024. That compares with $15M in the prior-year period — down 240.0% year over year. That is below the Technology sector average of $260B. Investors often review this figure alongside Desktop Metal's historical trend and sector peers before judging valuation or financial health.

Over the past year, DM's gross profit moved from $15M to $-21M — a 240.0% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Desktop Metal's operating scale or balance-sheet position.

Against Technology companies, DM currently prints $-21M for gross profit, while the sector average sits near $260B. That is roughly 100.0% below the sector mean. Large gaps often invite a closer look at Desktop Metal's growth, margins, and balance sheet.

A gross profit figure of $-21M for DM is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The Technology average is about $260B. Explore the charts below for those layers of context.

After noting DM's gross profit ($-21M), review year-over-year change from $15M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.