Romeo Power Gross Profit

Romeo Power (RMO) currently reports a gross profit of $-44M as of June 2022. That compares with $-14M in the prior-year period — down 210.1% year over year. That is below the Technology sector average of $270B. Use the charts on this page to explore Romeo Power's gross profit history and peer comparisons.

Romeo Power's gross profit decreased from $-14M to $-44M — a 210.1% year-over-year decrease (period ending June 2022). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Romeo Power's gross profit of $-44M is lower than the Technology sector average of $270B. 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.

Romeo Power reported $-44M in gross profit as of June 2022. That compares with $-14M in the prior-year period — down 210.1% 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 $-44M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is $270B. From there, open related valuation or income-statement pages for Romeo Power, and consider following RMO for alerts when major investors trade the stock.