Twin Vee PowerCats Gross Profit Growth & History (VEEE)
Twin Vee PowerCats's gross profit was $1.3M for fiscal 2025.
View full Twin Vee PowerCats company overviewTwin Vee PowerCats annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.3M | $2.0M | — |
| 2024 | 2024-12-31 | −$751,425 | −$4.0M | — |
| 2023 | 2023-12-31 | $3.3M | −$7.4M | −69.34% |
| 2022 | 2022-12-31 | $10.7M | $4.4M | +69.81% |
| 2021 | 2021-12-31 | $6.3M | $1.5M | +31.45% |
| 2020 | 2020-12-31 | $4.8M | — | — |
Twin Vee PowerCats quarterly gross profit
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$182,668 | −$836,721 | — |
| Q1 2026 | 2026-03-31 | $196,337 | −$340,777 | −63.45% |
| Q4 2025 | 2025-12-31 | $111,167 | $1.2M | — |
| Q3 2025 | 2025-09-30 | −$45,229 | $100,428 | — |
| Q2 2025 | 2025-06-30 | $654,053 | $451,713 | +223.24% |
| Q1 2025 | 2025-03-31 | $537,114 | $259,801 | +93.69% |
| Q4 2024 | 2024-12-31 | −$1.1M | −$1.2M | — |
| Q3 2024 | 2024-09-30 | −$145,657 | −$751,168 | — |
| Q2 2024 | 2024-06-30 | $202,340 | −$733,375 | −78.38% |
| Q1 2024 | 2024-03-31 | $277,313 | −$1.3M | −82.77% |
| Q4 2023 | 2023-12-31 | $116,104 | −$1.3M | −91.94% |
| Q3 2023 | 2023-09-30 | $605,511 | −$2.7M | −81.84% |
| Q2 2023 | 2023-06-30 | $935,715 | −$2.5M | −72.86% |
| Q1 2023 | 2023-03-31 | $1.6M | −$824,796 | −33.88% |
| Q4 2022 | 2022-12-31 | $1.4M | −$420,494 | −22.59% |
| Q3 2022 | 2022-09-30 | $3.3M | $1.7M | +107.08% |
| Q2 2022 | 2022-06-30 | $3.4M | $2.1M | +161.92% |
| Q1 2022 | 2022-03-31 | $2.4M | $946,448 | +63.61% |
| Q4 2021 | 2021-12-31 | $1.9M | — | — |
| Q3 2021 | 2021-09-30 | $1.6M | $910,146 | +130.03% |
| Q2 2021 | 2021-06-30 | $1.3M | $620,696 | +89.25% |
| Q1 2021 | 2021-03-31 | $1.5M | — | — |
| Q3 2020 | 2020-09-30 | $699,930 | — | — |
| Q2 2020 | 2020-06-30 | $695,448 | — | — |
Twin Vee PowerCats gross profit trends
Over the last five fiscal years, Twin Vee PowerCats's gross profit decreased from $4.8M to $1.3M, a change of −$3.5M. The latest reported quarter, Q2 2026, shows −$182,668.
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.
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 Twin Vee PowerCats source filings ↗