Lion Electric Co (The) Gross Profit

Lion Electric Co (The) posts a gross profit of $-52M as of September 2024. That compares with $-1.2M in the prior-year period — down 4086.7% year over year. That is below the Industrials sector average of $110B. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Lion Electric Co (The)'s gross profit was $-1.2M. The latest reading is $-52M — a 4086.7% year-over-year decrease (period ending September 2024). Use the history and growth charts on this page for a longer lookback.

For Industrials stocks, a gross profit near $110B is typical. Lion Electric Co (The)'s $-52M is lower that level. That is roughly 100.0% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Gross Profit is one piece of Lion Electric Co (The)'s financial statement story. At $-52M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for LEV's gross profit usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $110B), and (3) consistency with growth and profitability. This page covers the first two; Lion Electric Co (The)'s other metric pages and overview cover the third.