Shift Technologies Gross Profit

Shift Technologies (SFT) currently reports a gross profit of $9.3M as of June 2023. That compares with $48M in the prior-year period — down 80.5% year over year. That is below the Consumer Discretionary sector average of $360B. Use the charts on this page to explore Shift Technologies's gross profit history and peer comparisons.

Shift Technologies's gross profit decreased from $48M to $9.3M — a 80.5% year-over-year decrease (period ending June 2023). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Shift Technologies's gross profit of $9.3M is lower than the Consumer Discretionary sector average of $360B. 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.

Shift Technologies reported $9.3M in gross profit as of June 2023. That compares with $48M in the prior-year period — down 80.5% 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 $9.3M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Consumer Discretionary average is $360B. From there, open related valuation or income-statement pages for Shift Technologies, and consider following SFT for alerts when major investors trade the stock.