AppHarvest Past Earnings Performance

Past criteria checks 0/6

AppHarvest's earnings have been declining at an average annual rate of -69.3%, while the Food industry saw earnings growing at 12.1% annually. Revenues have been growing at an average rate of 94% per year.

Key information

-69.3%

Earnings growth rate

-51.5%

EPS growth rate

Food Industry Growth16.0%
Revenue growth rate94.0%
Return on equity-66.8%
Net Margin-800.6%
Last Earnings Update31 Mar 2023

Recent past performance updates

Recent updates

AppHarvest: The Fourth Agricultural Revolution And The Future Of Food

Aug 11

These Analysts Just Made A Significant Downgrade To Their AppHarvest, Inc. (NASDAQ:APPH) EPS Forecasts

Aug 08
These Analysts Just Made A Significant Downgrade To Their AppHarvest, Inc. (NASDAQ:APPH) EPS Forecasts

AppHarvest GAAP EPS of -$0.28 beats by $0.01, revenue of $4.36M misses by $1.74M

Aug 03

AppHarvest: The Appalachian Agricultural Revolution Soldiers On

Jun 22

U.S. Agriculture Not A Free Market - AppHarvest CEO Jonathan Webb

Jun 07

AppHarvest, Inc. (NASDAQ:APPH) Just Reported Earnings, And Analysts Cut Their Target Price

May 06
AppHarvest, Inc. (NASDAQ:APPH) Just Reported Earnings, And Analysts Cut Their Target Price

AppHarvest: What To Look For In The Next Pullback

Apr 10

AppHarvest: New Facilities In 2022 And Agricultural Science Could Make The Stock Price Run

Mar 09

AppHarvest: The Future Of Human Farming Calls

Dec 21

AppHarvest: The Collapse Looks Like It's Starting To Wilt

Nov 23

AppHarvest's Garden Dream Turns Into An Operational Nightmare

Oct 14

AppHarvest: Long-Term Opportunity Is Still Present

Aug 16

AppHarvest: Management Estimates Vs. The Market

Jul 28

AppHarvest: Firing On All Cylinders

Jul 12

AppHarvest completes deal with Rabo AgriFinance to secure $75 million

Jun 16

AppHarvest: The Best Agtech Company To Buy And Hold For The Next 5 Years

Jun 01

Revenue & Expenses Breakdown

How AppHarvest makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OTCPK:APPH.Q Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2322-180610
31 Dec 2215-177700
30 Sep 2213-172900
30 Jun 2213-165980
31 Mar 2212-168940
31 Dec 219-1661060
30 Sep 216-87780
30 Jun 215-76590
31 Mar 212-45470
31 Dec 200-17160
30 Sep 200-990
30 Jun 200-440
31 Mar 200-330
31 Dec 190-330

Quality Earnings: APPH.Q is currently unprofitable.

Growing Profit Margin: APPH.Q is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: APPH.Q is unprofitable, and losses have increased over the past 5 years at a rate of 69.3% per year.

Accelerating Growth: Unable to compare APPH.Q's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: APPH.Q is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-1%).


Return on Equity

High ROE: APPH.Q has a negative Return on Equity (-66.84%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/12/07 01:48
End of Day Share Price 2023/12/05 00:00
Earnings2023/03/31
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

AppHarvest, Inc. is covered by 3 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin TheurerBarclays
Colin RuschOppenheimer & Co. Inc.
Jeffrey OsborneTD Cowen