Latch annual gross profit
2019
2020
2021
2022
2023
2024
2025
Latch Gross Profit Growth & History (LTCH)
Latch's gross profit was $26.9M for fiscal 2025.
View full Latch company overviewLatch annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $26.9M | $1.9M | +7.43% |
| 2024 | 2024-12-31 | $25.0M | $12.7M | +102.79% |
| 2023 | 2023-12-31 | $12.3M | $16.2M | — |
| 2022 | 2022-12-31 | −$3.9M | $1.1M | — |
| 2021 | 2021-12-31 | −$5.0M | −$2.4M | — |
| 2020 | 2020-12-31 | −$2.6M | −$217,000 | — |
| 2019 | 2019-12-31 | −$2.4M | — | — |
Latch quarterly gross profit
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $7.7M | −$537,000 | −6.55% |
| Q1 2026 | 2026-03-31 | $8.2M | $740,000 | +9.89% |
| Q4 2025 | 2025-12-31 | $3.5M | −$3.1M | −47.08% |
| Q3 2025 | 2025-09-30 | $7.7M | $1.6M | +27.05% |
| Q2 2025 | 2025-06-30 | $8.2M | $2.3M | +38.17% |
| Q1 2025 | 2025-03-31 | $7.5M | $1.0M | +15.88% |
| Q4 2024 | 2024-12-31 | $6.5M | $1.7M | +35.48% |
| Q3 2024 | 2024-09-30 | $6.1M | −$19,000 | −0.31% |
| Q2 2024 | 2024-06-30 | $5.9M | $2.0M | +52.10% |
| Q1 2024 | 2024-03-31 | $6.5M | $8.9M | — |
| Q4 2023 | 2023-12-31 | $4.8M | $7.1M | — |
| Q3 2023 | 2023-09-30 | $6.1M | $4.1M | +199.61% |
| Q2 2023 | 2023-06-30 | $3.9M | $7.2M | — |
| Q1 2023 | 2023-03-31 | −$2.5M | −$2.1M | — |
| Q4 2022 | 2022-12-31 | −$2.3M | $2.2M | — |
| Q3 2022 | 2022-09-30 | $2.0M | $2.6M | — |
| Q2 2022 | 2022-06-30 | −$3.3M | −$3.3M | — |
| Q1 2022 | 2022-03-31 | −$388,000 | −$404,000 | — |
| Q4 2021 | 2021-12-31 | −$4.5M | — | — |
| Q3 2021 | 2021-09-30 | −$586,000 | $209,000 | — |
| Q2 2021 | 2021-06-30 | $68,000 | $555,000 | — |
| Q1 2021 | 2021-03-31 | $16,000 | — | — |
| Q3 2020 | 2020-09-30 | −$795,000 | — | — |
| Q2 2020 | 2020-06-30 | −$487,000 | — | — |
Latch gross profit trends
Over the last five fiscal years, Latch's gross profit increased from −$2.6M to $26.9M, a change of $29.5M. The latest reported quarter, Q2 2026, shows $7.7M.
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 Latch source filings ↗