REE Automotive Ltd. (REE) Financials

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REE Income statement / Annual

Last year (2025), REE Automotive Ltd's total revenue was $1.30 M, an increase of 608.74% from the previous year. In 2025, REE Automotive Ltd's net income was -$55.81 M. See REE Automotive Ltd,s key income statements, including revenue, expenses, profit, and income.

Period FY-2025 FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019
Period Ended 12/31/2025 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Operating Revenue $1.30 M $183.00 K $1.61 M $0.00 $6.00 K $388.00 K $681.00 K
Cost of Revenue $21.73 M $3.68 M $9.07 M $547.00 K $995.00 K $647.00 K $490.00 K
Gross Profit -$20.43 M -$3.50 M -$7.46 M -$547.00 K -$989.00 K -$259.00 K $191.00 K
Gross Profit Ratio -15.75 -19.11 -4.64 0 -164.83 -0.67 0.28
Research and Development Expenses $45.43 M $49.46 M $82.66 M $78.23 M $252.42 M $29.59 M $7.04 M
General & Administrative Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $15.83 M $26.17 M $29.77 M $49.20 M $262.08 M $38.25 M $7.18 M
Other Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Operating Expenses $61.27 M $75.63 M $112.43 M $127.43 M $514.51 M $67.84 M $14.22 M
Cost And Expenses $82.99 M $79.31 M $121.50 M $127.97 M $515.50 M $68.49 M $14.71 M
Interest Income $1.52 M $2.87 M $4.35 M $2.79 M $423.00 K $409.00 K $1.83 M
Interest Expense $959.00 K $924.00 K $0.00 -$41.82 M $0.00 -$3.00 K $0.00
Depreciation & Amortization $4.16 M $3.18 M $5.80 M $4.91 M $484.00 K $166.00 K $82.00 K
EBITDA -$52.69 M -$105.59 M -$109.77 M -$100.76 M -$503.57 M -$67.93 M -$13.94 M
EBITDA Ratio -40.62 -576.97 -68.26 0 -83927.5 -175.08 -20.47
Operating Income Ratio -62.99 -432.4 -74.56 0 -85916 -175.51 -20.59
Total Other Income/Expenses Net $23.90 M -$30.56 M $4.32 M $22.30 M $11.45 M $385.00 K $1.83 M
Income Before Tax -$57.80 M -$109.69 M -$115.57 M -$105.67 M -$504.05 M -$67.71 M -$12.20 M
Income Before Tax Ratio -44.56 -599.4 -71.87 0 -84008.17 -174.52 -17.91
Income Tax Expense -$1.99 M $2.06 M -$1.36 M $1.75 M $1.28 M $0.00 $0.00
Net Income -$55.81 M -$111.75 M -$114.21 M -$107.42 M -$505.33 M -$67.33 M -$12.20 M
Net Income Ratio -43.03 -610.68 -71.02 0 -84221.67 -173.53 -17.91
EPS -1.74 -7.01 -11.32 -10.98 -64.34 -8.83 -1.35
EPS Diluted -1.74 -7.01 -11.32 -10.98 -64.34 -8.83 -1.35
Weighted Average Shares Out $32.14 M $15.93 M $10.09 M $9.78 M $7.85 M $7.66 M $7.66 M
Weighted Average Shares Out Diluted $32.14 M $15.93 M $10.09 M $9.78 M $7.85 M $7.66 M $7.66 M
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