NaaS Technology (NAAS) Gross Margin (2016 - 2024)
NaaS Technology's (NAAS) quarterly Gross Margin came in at 61.31% in Q4 2024, up 3536.0% year-over-year from 1.69% in Q1 2024, and up 8.34% quarter-over-quarter from 56.58% in Q3 2024.
Analysis
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.
- On a quarterly basis, Gross Margin rose 3536.0% year-over-year to 61.31% in Q4 2024; TTM through Dec 2024 was 38.9%, a 1173.0% increase from a year earlier, with the FY2025 full-year figure at 85.92%, up 4186.0% from the prior year.
- Gross Margin was 61.31% for Q4 2024 at NaaS Technology, up from 56.58% in the prior quarter.
- Over five years, Gross Margin peaked at 1947.11% in Q4 2021 and troughed at 30.81% in Q1 2020.
- A 5-year average of 127.46% and a median of 27.39% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 188987 bps in 2021 and tumbled 192345 bps in 2022, its largest moves.
- Over 5 years, Gross Margin stood at 57.23% in 2020, then surged by 3302 bps to 1947.11% in 2021, then slumped by 99 bps to 23.66% in 2022, then climbed by 10 bps to 25.95% in 2023, then surged by 136 bps to 61.31% in 2024.
- The last three Gross Margin figures came in at 61.31% (Q4 2024), 56.58% (Q3 2024), and 33.21% (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ads-Tec Energy Public | 698.64 Mn | 698.64 Mn | -18.95 Mn | -51.60% |
| 2 | NaaS Technology | 650.38 Mn | 645.67 Mn | - | - |
| 3 | Wallbox | 513.20 Mn | 502.32 Mn | - | - |
| 4 | EVgo | 474.92 Mn | 621.46 Mn | 7.34 Mn | 8.88% |
| 5 | ChargePoint Holdings | 266.09 Mn | 170.36 Mn | 42.30 Mn | 36.44% |
| 6 | Ozop Energy Solutions | 114.46 Mn | 113.41 Mn | - | - |
| 7 | Blink Charging | 84.83 Mn | 50.83 Mn | 8.44 Mn | 38.95% |
| 8 | Pioneer Power Solutions | 32.07 Mn | 21.40 Mn | - | - |
| 9 | Beam Global | 31.40 Mn | 30.37 Mn | 1.53 Mn | 17.83% |
| 10 | Xchg | 22.08 Mn | -11,385.36 Bn | - | - |
Historic Data
Download Data
Historic 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 | 7.61% |
| Mar 31, 2022 | -9.32% |
| Dec 31, 2021 | 1,947.11% |
| 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% |