Kandi Technologies (KNDI) Net Income (2023 - 2024)
Kandi Technologies (KNDI) posted quarterly Net Income of -$9.4 million for Q4 2024, down 362.59% year-over-year from $3.6 million in Q1 2024, and down 213.46% quarter-over-quarter from -$3.0 million in Q3 2024.
Kandi Technologies (KNDI) Net Income (2023 - 2024) Analysis & Trends
Kandi Technologies (KNDI) has reported Net Income for 2 consecutive years, with -$9.4 million the latest figure, recorded in Q4 2024.
- In Q4 2024, Net Income fell 362.59% year-over-year to -$9.4 million; the TTM figure through Dec 2025 stood at -$12.4 million (down 88.67% YoY), while the FY2025 annual figure was -$95.6 million, down 920.06% from the prior year.
- Net Income slipped to -$9.4 million in Q4 2024 per KNDI's latest filing, from -$3.0 million in the prior quarter.
- Across five years, Net Income topped out at $5.0 million in Q2 2023 and bottomed at -$9.4 million in Q4 2024.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.88 Bn | 4.33 Bn | 409.69 Mn | 94.03 Mn |
| 2 | Thor Industries | 4.12 Bn | 3.74 Bn | 354.77 Mn | 95.54 Mn |
| 3 | Polaris | 3.70 Bn | 3.40 Bn | - | - |
| 4 | Harley-Davidson | 2.90 Bn | 1.00 Bn | 421.12 Mn | 78.98 Mn |
| 5 | Patrick Industries | 2.73 Bn | 2.70 Bn | 247.58 Mn | 43.42 Mn |
| 6 | Lci Industries | 2.56 Bn | 2.35 Bn | 301.14 Mn | 67.14 Mn |
| 7 | Brunswick | 1.56 Bn | 1.25 Bn | 437.80 Mn | 133.40 Mn |
| 8 | Winnebago Industries | 903.90 Mn | 846.80 Mn | 94.90 Mn | 14.50 Mn |
| 9 | Malibu Boats | 560.55 Mn | 510.39 Mn | 41.28 Mn | -2.44 Mn |
| 10 | Kandi Technologies | 51.65 Mn | -77.38 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -9.37 Mn |
| Sep 30, 2024 | -2.99 Mn |
| Jun 30, 2024 | 2.24 Mn |
| Dec 31, 2023 | 3.57 Mn |
| Sep 30, 2023 | 1.25 Mn |
| Jun 30, 2023 | 5.00 Mn |