Desktop Metal Gross Profit

Desktop Metal (DM) currently reports a gross profit of $-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. Use the charts on this page to explore Desktop Metal's gross profit history and peer comparisons.

Desktop Metal's gross profit decreased from $15M to $-21M — a 240.0% year-over-year decrease (period ending September 2024). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Desktop Metal's gross profit of $-21M is lower than the Technology sector average of $260B. That is roughly 100.0% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

Desktop Metal reported $-21M in gross profit as of September 2024. That compares with $15M in the prior-year period — down 240.0% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current gross profit of $-21M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is $260B. From there, open related valuation or income-statement pages for Desktop Metal, and consider following DM for alerts when major investors trade the stock.