Kandi Technologies (KNDI) Goodwill (2023 - 2025)
Kandi Technologies (KNDI) posted quarterly Goodwill of $22.5 million for Q4 2025, down 27.87% year-over-year from $31.2 million in Q4 2024, and down 28.93% quarter-over-quarter from $31.6 million in Q2 2025.
Kandi Technologies (KNDI) Goodwill (2023 - 2025) Analysis & Trends
Kandi Technologies (KNDI) has reported Goodwill for 3 consecutive years, with $22.5 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Goodwill fell 27.87% year-over-year to $22.5 million; the TTM figure through Dec 2025 stood at $22.5 million (down 27.87% YoY), while the FY2025 annual figure was $22.5 million, down 27.87% from the prior year.
- Goodwill slipped to $22.5 million in Q4 2025 per KNDI's latest filing, from $31.6 million in the prior quarter.
- Across five years, Goodwill topped out at $33.4 billion in Q3 2024 and bottomed at $22.5 million in Q4 2025.
- Historically, Goodwill has averaged $11.0 billion across 3 years, with a median of $32.4 million in 2023.
- Annual changes were most pronounced in 2024 — Goodwill retreated 5.93% — and 2025, when it plunged 99.9%.
- Kandi Technologies' Goodwill stood at $33.1 million in 2023, then dropped by 5.93% to $31.2 million in 2024, then decreased by 27.87% to $22.5 million in 2025.
- Business Quant data shows KNDI's Goodwill at $22.5 million in Q4 2025, $31.6 million in Q2 2025, and $31.2 million in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Brp | 4.88 Bn | 4.33 Bn | 409.69 Mn |
| 2 | Thor Industries | 4.12 Bn | 3.74 Bn | 354.77 Mn |
| 3 | Polaris | 3.70 Bn | 3.40 Bn | - |
| 4 | Harley-Davidson | 2.90 Bn | 1.00 Bn | 421.12 Mn |
| 5 | Patrick Industries | 2.73 Bn | 2.70 Bn | 247.58 Mn |
| 6 | Lci Industries | 2.56 Bn | 2.35 Bn | 301.14 Mn |
| 7 | Brunswick | 1.56 Bn | 1.25 Bn | 437.80 Mn |
| 8 | Winnebago Industries | 903.90 Mn | 846.80 Mn | 94.90 Mn |
| 9 | Malibu Boats | 560.55 Mn | 510.39 Mn | 41.28 Mn |
| 10 | Kandi Technologies | 51.65 Mn | -77.38 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 22.49 Mn |
| Jun 30, 2025 | 31.65 Mn |
| Dec 31, 2024 | 31.18 Mn |
| Sep 30, 2024 | 33.36 Bn |
| Jun 30, 2024 | 32.44 Bn |
| Dec 31, 2023 | 33.15 Mn |