Company / Gross Profit
SOLITRON DEVICES INC Gross Profit History
FY2011-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Profit
$4.0M
FY2024
5-year range
$1.4M / $4.8M
FY2020-FY2024
Trend
+4.9%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Profit has fluctuated over the past 10 years, ranging from $1M in FY2022 to $5M in FY2021.
Based on SEC 10-K filings.
$4M in FY2024 with a 10-year CAGR of +4.7%.
Improved from $1M to $4M over the past 2 years.
Gross Profit over time
Growth rates
- 3-Year CAGR
- -6.0%
- 5-Year CAGR
- +22.0%
- 10-Year CAGR
- +4.7%
Key checks
Key Insights
- 5-year CAGR of +22.0%, indicating consistent growth.
- In FY2024, gross profit increased 4.9% year-over-year.
- Peak gross profit was recorded in FY2021.
- Lowest gross profit in the period was in FY2022.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross ProfitValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $4.0M | +4.9% |
| FY2023 | $3.8M | +171.7% |
| FY2022 | $1.4M | -70.8% |
| FY2021 | $4.8M | +225.4% |
| FY2019 | $1.5M | -16.9% |
| FY2015 | $1.8M | -29.9% |
| FY2014 | $2.5M | +12.0% |
| FY2013 | $2.3M | +22.9% |
| FY2012 | $1.8M | +0.0% |
| FY2011 | $1.8M | - |
As of FY2024 · SEC 10-K · Updated Jun 29, 2026