Companies: 10,795·Total market cap: $144.5T
The Lion Electric Company

The Lion Electric Company

LEVNYSEIndustrials
$0.25
$-0.08(-25.02%)
Market Cap$56554500
P/E Ratio
52W High$1.99
52W Low$0.1805
Overview

The Lion Electric Company (LEV) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

LEV · net income · updated Jun 9, 2026

Core profitability metrics

Net income was −$103.8M for FY2023 (fiscal year ending 2023-12-31), down 189.2% year-over-year. Net profit margin was -40.9%. Based on available data, The Lion Electric Company has been profitable since at least 2022.

FY2023 Net Income−$103.8M▼ -189.2% YoY
Trailing 12M (TTM)−$131.5Mtrailing 4 quarters sum
Net Profit Margin-40.9%−$103.8M ÷ $253.5M
YoY Change-189.2%
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 9, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2022

▸ FMP /income-statement · Annual · LEV net income history · LEV profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2023Loss−$103.8M▼ 189.2%-40.9%
FY2022★ First Profit$116.3M▲ +333.2%83.1%
FY2021Loss−$49.9M▲ +50.7%-86.4%
FY2020Loss−$101.2M▼ 3195.2%-432.1%
FY2019Loss−$3.1M▲ +42.7%-9.9%

Net income vs peers (Industrials)

#CompanyNet IncomeYoY
#1
The Lion Electric Company
The Lion Electric CompanyYOU
LEV
−$103.8M-189.2%
#2
Caterpillar Inc.
Caterpillar Inc.
CAT
$8.87B-17.8%
#3
GE Aerospace
GE Aerospace
GE
$8.70B+32.8%
#4
RTX Corporation
RTX Corporation
RTX
$6.73B+41.0%
#5
Space Exploration Technologies Corp.
Space Exploration Technologies Corp.
SPCX
−$4.94B-724.1%
Industrials · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

The Lion Electric Company (LEV) reported net income of −$103.8M for FY2023 (fiscal year ending 2023-12-31), down 189.2% year-over-year. The net profit margin was -40.9% — meaning the company kept $-0.41 of every dollar of revenue as profit.

Based on available data, The Lion Electric Company has been profitable since at least 2022. Net income reached a peak of $116.3M in FY2022. Data available for 6 fiscal years.

The Lion Electric Company's net profit margin was -40.9% for FY2023, based on the latest annual results.

Investors sometimes search for "The Lion Electric Company net worth" — the company's market capitalization is a separate figure from LEV net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Frequently asked questions

LEV net income · 4 questions

The Lion Electric Company is not currently profitable on an annual basis. The company reported a net loss of $103.8M for FY2023.

is LEV profitabledoes LEV make a profitLEV profitabilityLEV profitable company

Source: FMP /income-statement · GAAP · The Lion Electric Company · The Lion Electric Company SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026