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
DateValue
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%