NaaS Technology (NAAS) Gross Margin (2016 - 2024)
NaaS Technology (NAAS) posted quarterly Gross Margin of 61.31% for Q4 2024, up 3536.0% YoY from 1.69% in Q1 2024, and up 8.34% sequentially from 56.58% in Q3 2024.
NaaS Technology (NAAS) Gross Margin (2016 - 2024) Analysis & Trends
NaaS Technology has disclosed Gross Margin across 9 years of filings, most recently posting 61.31% for Q4 2024.
- In Q4 2024, Gross Margin rose 3536.0% year-over-year to 61.31%; the TTM figure through Dec 2024 stood at 38.9% (up 1173.0% YoY), while the FY2025 annual figure was 85.92%, up 4186.0% from the prior year.
- Gross Margin improved to 61.31% in Q4 2024, 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.
- The 5-year median for Gross Margin is 27.39% (2023), against an average of 25.82%.
- Annual changes were most pronounced in 2020 — Gross Margin sank 8472 bps — and 2021, when it surged 6878 bps.
- A 5-year view of Gross Margin shows it stood at 57.23% in 2020, then plunged 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.
- 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | NaaS Technology | 29.20 Bn | 29.20 Bn | - | - |
| 2 | Caseys General Stores | 28.94 Bn | 28.48 Bn | 1.08 Bn | 23.63% |
| 3 | Williams Sonoma | 27.71 Bn | 26.69 Bn | 1.10 Bn | 46.87% |
| 4 | Dick'S Sporting Goods | 19.10 Bn | 17.75 Bn | 1.77 Bn | 28.43% |
| 5 | Tractor Supply | 16.98 Bn | 16.76 Bn | 1.30 Bn | 36.22% |
| 6 | Best Buy | 16.25 Bn | 14.50 Bn | 2.10 Bn | 23.52% |
| 7 | Murphy USA | 10.35 Bn | 10.23 Bn | 3.98 Bn | 82.59% |
| 8 | Five Below | 10.07 Bn | 9.13 Bn | 696.98 Mn | 40.32% |
| 9 | Winmark | 8.93 Bn | 8.93 Bn | 20.23 Mn | 97.03% |
| 10 | Academy Sports & Outdoors | 3.04 Bn | 2.71 Bn | 479.35 Mn | 33.24% |
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 | 7.61% |
| 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% |