Steel Connect Gross Profit

Steel Connect posts a gross profit of $52M as of October 2024. That compares with $49M in the prior-year period — up 8.1% year over year. That is below the Technology sector average of $260B. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Steel Connect's gross profit was $49M. The latest reading is $52M — a 8.1% year-over-year increase (period ending October 2024). Use the history and growth charts on this page for a longer lookback.

For Technology stocks, a gross profit near $260B is typical. Steel Connect'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 Steel Connect'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 STCN's gross profit usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $260B), and (3) consistency with growth and profitability. This page covers the first two; Steel Connect's other metric pages and overview cover the third.