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Desktop Metal Gross Profit

Desktop Metal's gross profit is $-21M, below the Technology sector average of $270B.

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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

As of the most recent data (September 2024), DM shows a gross profit of $-21M. That compares with $15M in the prior-year period — down 240.0% year over year. That is below the Technology sector average of $270B. Scroll down for historical charts and peer comparison views.

Compared with the year-ago period, DM's gross profit is now $-21M (was $15M) — a 240.0% year-over-year decrease. Pairing that YoY change with peer averages gives a clearer picture of whether Desktop Metal is outperforming or lagging.

The Technology sector average gross profit is about $270B. Desktop Metal is at $-21M, which is lower that average. That is roughly 100.0% below the sector mean. Use the comparison chart on this page to see how DM stacks up against individual peers as well.

Tracking DM's gross profit over time shows whether Desktop Metal is scaling, shrinking, or reshaping that part of the business. The current reading is $-21M That compares with $15M in the prior-year period — down 240.0% year over year. Multi-quarter patterns matter more than any single print, which is why this page emphasizes history and peer comparison charts.

Besides this gross profit page, Stockcircle has Desktop Metal's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect gross profit (currently $-21M) with ownership activity and broader fundamentals.