Laredo Oil Gross Profit Growth & History (LRDC)

Laredo Oil's gross profit was $9,423 for fiscal 2025.

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Laredo Oil annual gross profit history

Laredo Oil annual gross profit

Fiscal yearPeriod endedGross profitChangeGrowth
20252025-05-31$9,423−$27,059−74.17%
20242024-05-31$36,482$36,482
20232023-05-31$0$618,636
20222022-05-31−$618,636−$435,286
20212021-05-31−$183,350−$359,532
20202020-05-31$176,182−$19,796−10.10%
20192019-05-31$195,978−$417,334−68.05%
20182018-05-31$613,312$891,358
20172017-05-31−$278,046−$550,461
20162016-05-31$272,415$293,968
20152015-05-31−$21,553−$167,280
20142014-05-31$145,727−$104,375−41.73%
20132013-05-31$250,102−$185,877−42.63%
20122012-05-31$435,979

Laredo Oil gross profit trends

Over the last five fiscal years, Laredo Oil's gross profit decreased from $176,182 to $9,423, a change of −$166,759. The latest reported quarter, Q3 2026, shows $0.

About the metric

What gross profit means

Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.

Calculation and source

SEC-reported and calculated gross profit

TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Laredo Oil source filings ↗

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