Kaival Brands Innovations (KAVL) Net Margin (2020 - 2026)
Kaival Brands Innovations' Net Margin came in at -441.36% for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 48.62 percentage points from -392.74% a year earlier but up 1089.53 percentage points from the prior quarter.
Kaival Brands Innovations (KAVL) Net Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Kaival Brands Innovations reported Net Margin of -4114.48%, down 3397.36 percentage points year-over-year; for FY2025 (ended Oct 31, 2025), it was -3435.88%, down 3334.68 percentage points from FY2024.
- Net Margin carries a five-year change of -3441.82 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Net Margin was -101.20% in FY2024 (-15.27 pp), -85.93% in FY2023 (+26.68 pp), -112.61% in FY2022 (-97.39 pp) and -15.21% in FY2021 (-21.15 pp).
- The five-year range for quarterly Net Margin is -10813.28% (fiscal Q4 2025) to -51.49% (fiscal Q3 2023).
- Year-over-year, Net Margin increased in two of the last eight quarters, with an average year-over-year change of -1625.85 percentage points.
- The fastest year-over-year change in Net Margin over five years came in fiscal Q2 2026 (a gain of 2715.37 percentage points), and the weakest in fiscal Q4 2025 (a drop of 10617.14 percentage points).
- Business Quant data shows KAVL's Net Margin at -1530.89% (Q2 2026), -667.96% (Q1 2026) and -10813.28% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 312.80 Bn | 292.44 Bn | 7.66 Bn | 25.17% |
| 2 | British American Tobacco p.l.c | 132.04 Bn | 108.41 Bn | - | - |
| 3 | Altria | 126.64 Bn | 112.79 Bn | 3.82 Bn | 37.60% |
| 4 | Curaleaf Holdings | 2.11 Bn | 1.72 Bn | 169.91 Mn | 3.68% |
| 5 | Trulieve Cannabis | 2.10 Bn | 715.63 Mn | 162.29 Mn | -149.83% |
| 6 | RLX Technology | 2.01 Bn | -1.76 Bn | 52.74 Mn | 4.31% |
| 7 | Green Thumb Industries | 1.41 Bn | 259.63 Mn | 137.87 Mn | 1.59% |
| 8 | Turning Point Brands | 1.33 Bn | 439.35 Mn | 93.70 Mn | 2.52% |
| 9 | Cronos | 1.29 Bn | -1.99 Bn | 28.45 Mn | 45.45% |
| 10 | Kaival Brands Innovations | 367,194.30 | -1.38 Mn | - | -441.36% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -441.36% |
| Apr 30, 2026 | -1,530.89% |
| Jan 31, 2026 | -667.96% |
| Oct 31, 2025 | -10,813.28% |
| Jul 31, 2025 | -392.74% |
| Apr 30, 2025 | -4,246.26% |
| Jan 31, 2025 | -2,015.56% |
| Oct 31, 2024 | -196.14% |
| Jul 31, 2024 | -245.42% |
| Apr 30, 2024 | -71.63% |
| Jan 31, 2024 | -67.92% |
| Oct 31, 2023 | -61.74% |
| Jul 31, 2023 | -51.49% |
| Apr 30, 2023 | -130.05% |
| Jan 31, 2023 | -118.57% |
| Oct 31, 2022 | -91.46% |
| Jul 31, 2022 | -100.08% |
| Apr 30, 2022 | -162.08% |
| Jan 31, 2022 | -97.89% |
| Oct 31, 2021 | -1,180.84% |
Kaival Brands Innovations Net 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=net-margin&ticker=KAVL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=KAVL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();