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Shift Technologies Profit Margin

Latest profit margin for Shift Technologies: -41.12% — see history and peer comparisons.

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Quarterly Profit Margin

-54.54%
133.78% YoY

As of Jun 2023

Annual Profit Margin (TTM)

-41.12%
67.52% YoY

Trailing 12 months ending Jun 2023

Average Profit Margin (Comparison Companies)

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Profit Margin History

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Profit Margin Comparison

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Annual Profit Margin Growth Rate (%)

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Shift Technologies (SFT) FAQ

The latest profit margin for SFT is -41.12% as of June 2023. That compares with -24.54% in the prior-year period — down 67.5% year over year. That is below the Consumer Discretionary sector average of 9.32%. Investors often review this figure alongside Shift Technologies's historical trend and sector peers before judging valuation or financial health.

Over the past year, SFT's profit margin moved from -24.54% to -41.12% — a 67.5% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Shift Technologies's valuation or profitability profile.

Against Consumer Discretionary companies, SFT currently prints -41.12% for profit margin, while the sector average sits near 9.32%. That is roughly 541.2% below the sector mean. Large gaps often invite a closer look at Shift Technologies's growth, margins, and balance sheet.

Profit Margin shows how effectively Shift Technologies converts resources into returns. At -41.12%, SFT may look efficient or underperforming depending on peer benchmarks and trend direction. That compares with -24.54% in the prior-year period — down 67.5% year over year. Pair the percentage with revenue growth and leverage for a fuller health check.

After noting SFT's profit margin (-41.12%), review year-over-year change from -24.54%, 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.