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
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 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%