Canoo Gross Profit

The latest gross profit for GOEV is $-12M as of September 2024. That compares with $-15M in the prior-year period — up 20.4% year over year. That is below the Consumer Discretionary sector average of $350B. Investors often review this figure alongside Canoo's historical trend and sector peers before judging valuation or financial health.

Over the past year, GOEV's gross profit moved from $-15M to $-12M — a 20.4% year-over-year increase. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Canoo's operating scale or balance-sheet position.

Against Consumer Discretionary companies, GOEV currently prints $-12M for gross profit, while the sector average sits near $350B. That is roughly 100.0% below the sector mean. Large gaps often invite a closer look at Canoo's growth, margins, and balance sheet.

A gross profit figure of $-12M for GOEV 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 Consumer Discretionary average is about $350B. Explore the charts below for those layers of context.

After noting GOEV's gross profit ($-12M), 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.