Discover if the world’s largest companies in the world are profitable or not.
Is Grubhub Profitable? Grubhub is not yet profitable. In 2022, the company generated $2.4 billion in revenue, but it also reported a net loss of $383 million. This was an improvement from the previous year when Grubhub lost $473 million. However, the company is still struggling to turn a profit, as the cost of delivering […]
Is Square Profitable? No, Square is currently not profitable, their most recent net income figures from Macrotrends show that the company made a net loss of $123 million as of their last 2023 quarter income report. Looking at their 2022 annual income report, the company lost about $541 million. Square, founded by Jack Dorsey and […]
Is Robinhood profitable? No, Robinhood is not currently profitable. Looking at Robinhood’s most recent net income figures, we find a mixed picture. For the quarter ending June 30, 2023, Robinhood Markets reported a net income of $25 million, representing a substantial 108% decline year-over-year. This steep drop in net income is a noteworthy concern. Furthermore, […]
Is Reddit profitable? The short answer is that, no, Reddit is not currently profitable. In 2021, the company generated $350 million in revenue, but its expenses were estimated to be around $200 million. This means that Reddit’s profit in 2021 was around $150 million. However, the company has been losing money for many years, and […]
Is HelloFresh profitable? Yes, the meal kit delivery company has seen significant growth over the last few years and has managed to maintain profitability. However, the brand has seen a recent slowdown in this solid upward trajectory in the last few years. Let’s examine the factors contributing to the company’s success, how it maintains profitability, […]
Is Lyft profitable? The short answer is that, no, Lyft is not profitable. The company has never reported an annual net profit, and 2022 reversed two years of declining net losses with a $522 million higher loss than the previous year. In 2022, Lyft reported revenue of $4 billion, compared to $3.2 billion in 2021. […]
