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The phrase "are less profitable than" is correct and usable in written English.
It can be used when comparing the profitability of two or more entities, products, or services.
Example: "The new product line are less profitable than our existing offerings, which is concerning for our overall revenue."
Alternatives: "are not as profitable as" or "yield lower profits than".
Exact(25)
First-quarter profit was also hurt by an increase in cremations, which are less profitable than traditional burials.
For carmakers, this shift is a problem, because small cars are less profitable than large ones.
Chips for those machines are less profitable than chips for regular laptops.
Notwithstanding this, in many regions, salinisation processes will continue because the available perennial options are less profitable than annual cropping.
Shareholders have long tolerated Rupert Murdoch's passion for newspapers, which are less profitable than other parts of the empire.
In addition, the show says, "most irrigation dams deliver less water and are less profitable than expected".
Similar(35)
Investment banking is less profitable than it was.
Its banking system is less profitable than Bulgaria's.
Gol may find that the long-haul business is less profitable than expected.
(Tea was also grown in the Caribbean, but it was less profitable than the other two).
Much investment in IT has been less profitable than had been thought, making companies' borrowing look even less wise.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com