Kandi Technologies (KNDI) Gross Margin (2023 - 2024)
Kandi Technologies (KNDI) posted quarterly Gross Margin of 31.57% for Q4 2024, down 275.0% year-over-year from 18.04% in Q1 2024, and up 0.86% quarter-over-quarter from 31.3% in Q3 2024.
Kandi Technologies (KNDI) Gross Margin (2023 - 2024) Analysis & Trends
Kandi Technologies (KNDI) has reported Gross Margin for 2 consecutive years, with 31.57% the latest figure, recorded in Q4 2024.
- In Q4 2024, Gross Margin fell 275.0% year-over-year to 31.57%; the TTM figure through Dec 2024 stood at 32.99% (changed N/A YoY), while the FY2025 annual figure was 42.65%, up 1186.0% from the prior year.
- Gross Margin advanced to 31.57% in Q4 2024 per KNDI's latest filing, from 31.3% in the prior quarter.
- Across five years, Gross Margin topped out at 38.2% in Q2 2023 and bottomed at 29.98% in Q3 2023.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.88 Bn | 4.33 Bn | 409.69 Mn | 23.48% |
| 2 | Thor Industries | 4.12 Bn | 3.74 Bn | 354.77 Mn | 12.75% |
| 3 | Polaris | 3.70 Bn | 3.40 Bn | - | - |
| 4 | Harley-Davidson | 2.90 Bn | 1.00 Bn | 421.12 Mn | 34.23% |
| 5 | Patrick Industries | 2.73 Bn | 2.70 Bn | 247.58 Mn | 23.77% |
| 6 | Lci Industries | 2.56 Bn | 2.35 Bn | 301.14 Mn | 31.09% |
| 7 | Brunswick | 1.56 Bn | 1.25 Bn | 437.80 Mn | 28.10% |
| 8 | Winnebago Industries | 903.90 Mn | 846.80 Mn | 94.90 Mn | 13.58% |
| 9 | Malibu Boats | 560.55 Mn | 510.39 Mn | 41.28 Mn | 17.51% |
| 10 | Kandi Technologies | 51.65 Mn | -77.38 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 31.57% |
| Sep 30, 2024 | 31.30% |
| Jun 30, 2024 | 30.25% |
| Dec 31, 2023 | 34.32% |
| Sep 30, 2023 | 29.98% |
| Jun 30, 2023 | 38.20% |