NaaS Technology (NAAS) Gross Margin (2016 - 2024)
NaaS Technology (NAAS) posted quarterly Gross Margin of 61.31% for Q4 2024, up 3536.0% year-on-year from 1.69% in Q1 2024, and up 8.34% on a QoQ basis from 56.58% in Q3 2024.
NaaS Technology (NAAS) Gross Margin (2016 - 2024) Analysis & Trends
NaaS Technology (NAAS) has reported Gross Margin for 9 consecutive years, with 61.31% the latest figure, recorded in Q4 2024.
- Quarterly Gross Margin rose 3536.0% year-over-year to 61.31% in Q4 2024, while the trailing twelve-month figure through Dec 2024 was 38.9% (up 1173.0% YoY) and the FY2025 annual result came in at 85.92%, up 4186.0% from the prior year.
- Gross Margin climbed to 61.31% in Q4 2024 per NAAS's latest filing, from 56.58% in the prior quarter.
- Over the last five years, Gross Margin for NAAS reached as high as 61.31% in Q4 2024 and fell as low as 30.81% in Q1 2020.
- A 5-year average of 25.82% and a median of 27.39% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2020 — Gross Margin tumbled 8472 bps — and 2021, when it jumped 6878 bps.
- Year by year, Gross Margin stood at 57.23% in 2020, then plunged by 49 bps to 29.39% in 2021, then decreased by 20 bps to 23.66% in 2022, then advanced by 10 bps to 25.95% in 2023, then jumped by 136 bps to 61.31% in 2024.
- According to Business Quant data, Gross Margin over the past three periods registered 61.31%, 56.58%, and 33.21% for Q4 2024, Q3 2024, and Q2 2024 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.13 Bn | 31.61 Bn | 1.08 Bn | 23.63% |
| 2 | NaaS Technology | 30.58 Bn | 30.58 Bn | - | - |
| 3 | Williams Sonoma | 28.34 Bn | 27.33 Bn | 1.10 Bn | 46.87% |
| 4 | Ulta Beauty | 23.18 Bn | 22.69 Bn | 1.48 Bn | 38.06% |
| 5 | Best Buy | 18.52 Bn | 16.77 Bn | 2.10 Bn | 23.52% |
| 6 | Dick'S Sporting Goods | 16.59 Bn | 15.24 Bn | 1.77 Bn | 28.43% |
| 7 | MINISO Group Holding | 16.05 Bn | 14.98 Bn | 414.86 Mn | 46.39% |
| 8 | Tractor Supply | 15.89 Bn | 15.66 Bn | 1.30 Bn | 36.22% |
| 9 | Five Below | 12.09 Bn | 11.16 Bn | 696.98 Mn | 40.32% |
| 10 | Murphy USA | 11.42 Bn | 11.30 Bn | -3.64 Bn | -644.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 61.31% |
| Sep 30, 2024 | 56.58% |
| Jun 30, 2024 | 33.21% |
| Mar 31, 2024 | 25.29% |
| Dec 31, 2023 | 25.95% |
| Sep 30, 2023 | 27.39% |
| Jun 30, 2023 | 36.06% |
| Mar 31, 2023 | 16.97% |
| Dec 31, 2022 | 23.66% |
| Sep 30, 2022 | 6.10% |
| Jun 30, 2022 | -5.93% |
| Mar 31, 2022 | -9.32% |
| Dec 31, 2021 | 29.39% |
| Jun 30, 2021 | 36.23% |
| Mar 31, 2021 | 37.97% |
| Dec 31, 2020 | 57.23% |
| Sep 30, 2020 | 49.09% |
| Jun 30, 2020 | 14.19% |
| Mar 31, 2020 | -30.81% |
| Dec 31, 2019 | 55.89% |