NaaS Technology (NAAS) Gross Margin (2016 - 2024)
NaaS Technology (NAAS) posted quarterly 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 reported Gross Margin for 9 consecutive years, with 61.31% the latest figure, recorded in 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 rose to 61.31% in Q4 2024 per NAAS's latest filing, from 56.58% in the prior quarter.
- Across five years, Gross Margin topped out at 61.31% in Q4 2024 and bottomed at 30.81% in Q1 2020.
- Historically, Gross Margin has averaged 25.82% across 5 years, with a median of 27.39% in 2023.
- Annual changes were most pronounced in 2020 — Gross Margin tumbled 8472 bps — and 2021, when it surged 6878 bps.
- NaaS Technology's Gross Margin stood at 57.23% in 2020, then tumbled by 49 bps to 29.39% in 2021, then declined by 20 bps to 23.66% in 2022, then increased by 10 bps to 25.95% in 2023, then jumped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 23.63% |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 46.87% |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 40.07% |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 37.05% |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 23.52% |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 32.59% |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 37.23% |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 10.97% |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 45.67% |
| 10 | NaaS Technology | 9.92 Mn | -1.43 Mn | - | - |
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% |