Kandi Technologies (KNDI) Operating Expenses (2023 - 2024)
Kandi Technologies (KNDI) posted quarterly Operating Expenses of $108.1 million for Q4 2024, up 98.48% year-over-year from $54.5 million in Q1 2024, and up 771.21% quarter-over-quarter from -$16.1 million in Q3 2024.
Kandi Technologies (KNDI) Operating Expenses (2023 - 2024) Analysis & Trends
Kandi Technologies (KNDI) has reported Operating Expenses for 2 consecutive years, with $108.1 million the latest figure, recorded in Q4 2024.
- In Q4 2024, Operating Expenses rose 98.48% year-over-year to $108.1 million; the TTM figure through Dec 2025 stood at $92.0 million (down 31.01% YoY), while the FY2025 annual figure was $94.5 million, down 12.57% from the prior year.
- Operating Expenses rose to $108.1 million in Q4 2024 per KNDI's latest filing, from -$16.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $108.1 million in Q4 2024 and bottomed at -$16.1 million in Q3 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.87 Bn | 4.32 Bn | 409.69 Mn | 245.19 Mn |
| 2 | Thor Industries | 4.11 Bn | 3.74 Bn | 354.77 Mn | 230.93 Mn |
| 3 | Polaris | 3.69 Bn | 3.39 Bn | - | - |
| 4 | Harley-Davidson | 2.89 Bn | 996.01 Mn | 421.12 Mn | 1.15 Bn |
| 5 | Patrick Industries | 2.71 Bn | 2.68 Bn | 247.58 Mn | 170.54 Mn |
| 6 | Lci Industries | 2.54 Bn | 2.32 Bn | 301.14 Mn | 143.84 Mn |
| 7 | Brunswick | 1.56 Bn | 1.24 Bn | 437.80 Mn | 308.40 Mn |
| 8 | Winnebago Industries | 911.54 Mn | 854.44 Mn | 94.90 Mn | 71.90 Mn |
| 9 | Malibu Boats | 552.94 Mn | 502.77 Mn | 41.28 Mn | 40.11 Mn |
| 10 | Kandi Technologies | 51.24 Mn | -77.79 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |