The airlines might have profited, but the R&D and manufacturing programs were a more or less write offs.
[1] https://simpleflying.com/british-airways-1-pound-concorde/
You can read about the supersonic experiments over Oaklahoma City in the 1960's to learn about the effects of sonic booms, and why people don't like them.
For reference, the Space Shuttle generated annoying sonic booms over west Los Angeles when landing at Edwards Airforce Base. The approach path to Edwards is more than 30 miles from west LA. So, for any supersonic airway, you'd need to set aside a roughly 60-70 mile wide swath of land. That's a lot of people voting to shut down your SST operation (or suing you).
Several European states without commercial airframers introduced supersonic overflight bans too and the Anti Concorde Project started in the UK so I don't think the argument it was all protectionism stands up anyway.
And realistically it also failed because while flying west makes sense as you could land "before" you took off, going east didn't work like that. Sure you're losing less time either way compared to a regular flight but flying east, you might as well take a slow flight to get some shuteye.
This problem still hasn't been solved.
It ran profitably for 27 years. [0]
It failed because it crashed and killed 109 people 3 years before they threw in the towel. [1]
[0] https://en.wikipedia.org/wiki/Concorde#Operating_economics
[1] https://en.wikipedia.org/wiki/Air_France_Flight_4590