Kandi Technologies (KNDI) Operating Expenses (2023 - 2024)

Kandi Technologies' quarterly Operating Expenses came in at $108.1 million in Q4 2024, up 98.48% year-on-year from $54.5 million in Q1 2024, and up 771.21% quarter-over-quarter from -$16.1 million in Q3 2024.

Kandi Technologies has reported Operating Expenses for 2 years, with the latest figure at $108.1 million in Q4 2024.

  • For the quarter ending Q4 2024, Operating Expenses rose 98.48% year-over-year to $108.1 million; the trailing twelve-month figure through Dec 2025 stood at $92.0 million (down 31.01% YoY), and the FY2025 full-year result was $94.5 million, down 12.57% from the prior year.
  • Operating Expenses for Q4 2024 stood at $108.1 million, up from -$16.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $108.1 million in Q4 2024, with the low at -$16.1 million in Q3 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Brunswick 5.48 Bn 5.20 Bn 343.60 Mn 291.80 Mn
2 Thor Industries 4.17 Bn 3.93 Bn 251.25 Mn 212.02 Mn
3 Polaris 4.05 Bn 3.77 Bn - -
4 Brp 3.05 Bn 2.70 Bn 398.91 Mn 389.90 Mn
5 Patrick Industries 2.94 Bn 2.90 Bn 226.86 Mn 162.14 Mn
6 Harley-Davidson 2.66 Bn 2.68 Bn 266.45 Mn 1.15 Bn
7 Lci Industries 2.64 Bn 2.50 Bn 273.67 Mn 122.62 Mn
8 Winnebago Industries 837.26 Mn 789.86 Mn 85.60 Mn 73.80 Mn
9 Malibu Boats 526.29 Mn 480.05 Mn 41.28 Mn 31.76 Mn
10 Kandi Technologies 69.40 Mn -30.00 Mn - -

Historic Data

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DateValue
Dec 31, 2024 108.09 Mn
Sep 30, 2024 -16.10 Mn
Jun 30, 2024 -13.11 Mn
Dec 31, 2023 54.46 Mn
Sep 30, 2023 -14.51 Mn
Jun 30, 2023 -13.97 Mn