Envirotech Vehicles (EVTV) Gross Margin (2016 - 2026)
Envirotech Vehicles (EVTV) posted quarterly Gross Margin of 8.39% for Q1 2026, down 2860.0% year-over-year from 0.3% in Q1 2025, and up 98.25% on a QoQ basis from 479.75% in Q4 2025.
Envirotech Vehicles (EVTV) Gross Margin (2016 - 2026) Analysis & Trends
Envirotech Vehicles (EVTV) has reported Gross Margin for 10 consecutive years, with 8.39% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 2860.0% year-over-year to 8.39%; the TTM figure through Mar 2026 stood at 177.78% (down 19596.0% YoY), while the FY2025 annual figure was 222.23%, down 24837.0% from the prior year.
- Gross Margin came in at 8.39% for Q1 2026 at Envirotech Vehicles, up from 479.75% in the prior quarter.
- The five-year high for Gross Margin was 44.85% in Q4 2024, with the low at 479.75% in Q4 2025.
- Average Gross Margin over 5 years is 18.21%, with a median of 21.42% recorded in 2023.
- Across the five-year window, Gross Margin surged 5564 bps in 2024 and slumped 52460 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 37.57% in 2022, then slumped by 129 bps to 10.79% in 2023, then soared by 516 bps to 44.85% in 2024, then tumbled by 1170 bps to 479.75% in 2025, then surged by 98 bps to 8.39% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 8.39%, 479.75%, and 4.46% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 21.08% |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 18.36% |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 10.98% |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | 20.58% |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 8.62% |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | 7.87% |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | 19.03% |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -73.58% |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | -110.35% |
| 10 | Envirotech Vehicles | 22.94 Mn | 20.92 Mn | -188,612.00 | -8.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8.39% |
| Dec 31, 2025 | -479.75% |
| Sep 30, 2025 | 4.46% |
| Jun 30, 2025 | -139.22% |
| Mar 31, 2025 | 20.22% |
| Dec 31, 2024 | 44.85% |
| Jun 30, 2024 | 25.08% |
| Mar 31, 2024 | 38.03% |
| Dec 31, 2023 | -10.79% |
| Sep 30, 2023 | 19.74% |
| Jun 30, 2023 | 41.21% |
| Mar 31, 2023 | 22.62% |
| Dec 31, 2022 | 37.57% |
| Sep 30, 2022 | 34.14% |
| Jun 30, 2022 | 43.89% |
| Mar 31, 2022 | 14.99% |
| Dec 31, 2021 | 48.05% |
| Sep 30, 2021 | 33.77% |
| Jun 30, 2021 | 21.42% |
| Mar 31, 2021 | 33.42% |