XBiotech Gross Profit Growth & History (XBIT)

XBiotech's gross profit was $0 for fiscal 2023.

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XBiotech annual gross profit history

XBiotech annual gross profit

Fiscal yearPeriod endedGross profitChangeGrowth
20232023-12-31$0−$3.4M
20222022-12-31$3.4M−$9.2M−73.29%
20212021-12-31$12.6M$3.1M+33.07%
20202020-12-31$9.4M$9.4M
20192019-12-31$0$0
20182018-12-31$0

XBiotech gross profit trends

Over the last five fiscal years, XBiotech's gross profit increased from $0 to $0, a change of $0. The latest reported quarter, Q4 2023, 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.

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