Kaival Brands Innovations (KAVL) EBITDA Margin (2022 - 2025)
Kaival Brands Innovations (KAVL) recorded EBITDA Margin of -10602.88% in fiscal Q4 2025 (quarter ended Oct 31, 2025), down 10449.95 percentage points from -152.93% a year earlier and down 10348.77 percentage points from the prior quarter.
Kaival Brands Innovations (KAVL) EBITDA Margin (2022 - 2025) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Kaival Brands Innovations reported EBITDA Margin of -3270.96%, down 3199.49 percentage points from FY2024.
- Annual EBITDA Margin has a three-year change of -3158.21 percentage points (FY2022 to FY2025).
- Across earlier fiscal years, EBITDA Margin came in at -71.47% in FY2024 (+7.51 pp), -78.98% in FY2023 (+33.77 pp) and -112.75% in FY2022.
- The fiscal Q4 2025 figure is the lowest quarterly EBITDA Margin in data going back to fiscal Q4 2022.
- On a year-over-year basis, EBITDA Margin has declined for six consecutive quarters, with an average year-over-year change of -2031.12 percentage points over the last eight quarters.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 82.48 percentage points in fiscal Q2 2024, against a drop of 10449.95 percentage points in fiscal Q4 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -254.11% (Q3 2025), -3815.47% (Q2 2025) and -1914.66% (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 312.80 Bn | 292.44 Bn | 7.66 Bn | 45.06% |
| 2 | British American Tobacco p.l.c | 132.04 Bn | 108.41 Bn | - | - |
| 3 | Altria | 126.64 Bn | 112.79 Bn | 3.82 Bn | 52.23% |
| 4 | Curaleaf Holdings | 2.11 Bn | 1.72 Bn | 169.91 Mn | 15.53% |
| 5 | Trulieve Cannabis | 2.10 Bn | 715.63 Mn | 162.29 Mn | -127.26% |
| 6 | RLX Technology | 2.01 Bn | -1.76 Bn | 52.74 Mn | - |
| 7 | Green Thumb Industries | 1.41 Bn | 259.63 Mn | 137.87 Mn | 21.80% |
| 8 | Turning Point Brands | 1.33 Bn | 439.35 Mn | 93.70 Mn | - |
| 9 | Cronos | 1.29 Bn | -1.99 Bn | 28.45 Mn | 15.27% |
| 10 | Kaival Brands Innovations | 367,194.30 | -1.38 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Oct 31, 2025 | -10,602.88% |
| Jul 31, 2025 | -254.11% |
| Apr 30, 2025 | -3,815.47% |
| Jan 31, 2025 | -1,914.66% |
| Oct 31, 2024 | -145.98% |
| Jul 31, 2024 | -168.51% |
| Apr 30, 2024 | -46.05% |
| Jan 31, 2024 | -43.80% |
| Oct 31, 2023 | -34.92% |
| Jul 31, 2023 | -42.47% |
| Apr 30, 2023 | -130.04% |
| Jan 31, 2023 | -119.04% |
| Oct 31, 2022 | -91.88% |
Kaival Brands Innovations EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=KAVL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "KAVL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=KAVL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();