Erayak Power Solution Group annual gross profit
2020
2021
2022
2023
2024
2025
Erayak Power Solution Group Gross Profit Growth & History (RAYA)
Erayak Power Solution Group's gross profit was $4.9M for fiscal 2025.
View full Erayak Power Solution Group company overviewErayak Power Solution Group annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $4.9M | $879,311 | +22.02% |
| 2024 | 2024-12-31 | $4.0M | −$1.0M | −20.51% |
| 2023 | 2023-12-31 | $5.0M | −$1.6M | −24.12% |
| 2022 | 2022-12-31 | $6.6M | $899,370 | +15.72% |
| 2021 | 2021-12-31 | $5.7M | $1.9M | +50.56% |
| 2020 | 2020-12-31 | $3.8M | — | — |
Erayak Power Solution Group gross profit trends
Over the last five fiscal years, Erayak Power Solution Group's gross profit increased from $3.8M to $4.9M, a change of $1.1M.
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 Erayak Power Solution Group source filings ↗