Kandi Technologies (KNDI) Research & Development (2023 - 2024)
Kandi Technologies (KNDI) posted quarterly Research & Development of $21.2 million for Q4 2024, up 59.22% year-over-year from $13.3 million in Q1 2024, and up 791.89% quarter-over-quarter from -$3.1 million in Q3 2024.
Kandi Technologies (KNDI) Research & Development (2023 - 2024) Analysis & Trends
Kandi Technologies (KNDI) has reported Research & Development for 2 consecutive years, with $21.2 million the latest figure, recorded in Q4 2024.
- In Q4 2024, Research & Development rose 59.22% year-over-year to $21.2 million; the TTM figure through Dec 2024 stood at $27.5 million (changed N/A YoY), while the FY2025 annual figure was $7.6 million, down 64.11% from the prior year.
- Research & Development climbed to $21.2 million in Q4 2024 per KNDI's latest filing, from -$3.1 million in the prior quarter.
- Across five years, Research & Development topped out at $21.2 million in Q4 2024 and bottomed at -$4.2 million in Q3 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.88 Bn | 4.32 Bn | 409.69 Mn | 86.67 Mn |
| 2 | Thor Industries | 4.10 Bn | 3.72 Bn | 354.77 Mn | - |
| 3 | Polaris | 3.69 Bn | 3.39 Bn | - | - |
| 4 | Harley-Davidson | 2.90 Bn | 1.00 Bn | 421.12 Mn | - |
| 5 | Patrick Industries | 2.71 Bn | 2.68 Bn | 247.58 Mn | - |
| 6 | Lci Industries | 2.55 Bn | 2.33 Bn | 301.14 Mn | - |
| 7 | Brunswick | 1.55 Bn | 1.24 Bn | 437.80 Mn | 50.40 Mn |
| 8 | Winnebago Industries | 909.42 Mn | 852.32 Mn | 94.90 Mn | - |
| 9 | Malibu Boats | 554.08 Mn | 503.91 Mn | 41.28 Mn | 8.35 Mn |
| 10 | Kandi Technologies | 51.42 Mn | -77.61 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 21.25 Mn |
| Sep 30, 2024 | -3.07 Mn |
| Jun 30, 2024 | -3.99 Mn |
| Dec 31, 2023 | 13.34 Mn |
| Sep 30, 2023 | -4.15 Mn |
| Jun 30, 2023 | -2.78 Mn |