NaaS Technology (NAAS) Gross Margin (2016 - 2024)

NaaS Technology (NAAS) reported Gross Margin of 61.31% for 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.

NaaS Technology (NAAS) Gross Margin (2016 - 2024) Analysis & Trends

NaaS Technology (NAAS) has 9 years of Gross Margin data on file, last reported at 61.31% in Q4 2024.

  • Gross Margin for Q4 2024 came in at 61.31%, up 3536.0% year-over-year; the trailing twelve-month figure through Dec 2024 was 38.9% (up 1173.0% YoY), and the FY2025 annual result was 85.92%, up 4186.0% from the prior year.
  • Gross Margin advanced to 61.31% in Q4 2024 per NAAS's latest filing, from 56.58% in the prior quarter.
  • Over five years, Gross Margin peaked at 61.31% in Q4 2024 and troughed at 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.
  • The sharpest annual moves came in 2020 and 2021: Gross Margin tumbled 8472 bps in 2020, then surged 6878 bps in 2021.
  • A 5-year view of Gross Margin shows it stood at 57.23% in 2020, then slumped by 49 bps to 29.39% in 2021, then dropped by 20 bps to 23.66% in 2022, then grew by 10 bps to 25.95% in 2023, then soared by 136 bps to 61.31% in 2024.
  • Business Quant data shows NAAS's Gross Margin at 61.31% in Q4 2024, 56.58% in Q3 2024, and 33.21% in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn 25.70%
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn 46.87%
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 38.06%
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 28.43%
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 36.22%
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 23.52%
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn 40.32%
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 82.59%
10 GameStop 9.92 Bn 905.02 Mn 386.80 Mn 35.03%

Historic Data

Download Data
DateValue
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%