NaaS Technology (NAAS) Gross Margin (2016 - 2024)
NaaS Technology (NAAS) reported Gross Margin of 85.92% for the year ended Dec 31, 2025, up 41.86 percentage points from 44.06% a year earlier.
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Analysis
NaaS Technology (NAAS) Gross Margin (2016 - 2024) Analysis & Trends
Dating back to the year ended Dec 31, 2015, NaaS Technology's Gross Margin record includes 11 years.
- Gross Margin has increased for three consecutive years, with a five-year change of +48.83 percentage points (years ended Dec 2020 to Dec 2025).
- The figure for the year ended Dec 31, 2025 ranks as the highest annual Gross Margin in data going back to the year ended Dec 31, 2015.
- According to Business Quant data, Gross Margin came in at 44.06% in the year ended Dec 31, 2024 (+16.33 pp), 27.73% in the year ended Dec 31, 2023 (+20.90 pp), 6.83% in the year ended Dec 31, 2022 (-4.73 pp) and 11.56% in the year ended Dec 31, 2021 (-25.54 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 262.99 Bn | 224.06 Bn | 2.36 Bn | 21.25% |
| 2 | Bloom Energy | 81.45 Bn | 73.27 Bn | 355.57 Mn | 33.38% |
| 3 | First Solar | 18.50 Bn | 9.45 Bn | 605.00 Mn | 57.28% |
| 4 | BWX Technologies | 12.53 Bn | 10.83 Bn | 202.31 Mn | 22.44% |
| 5 | Generac Holdings | 12.26 Bn | 11.09 Bn | 521.81 Mn | 44.47% |
| 6 | Nextpower | 12.05 Bn | 7.95 Bn | 335.85 Mn | 35.91% |
| 7 | EnerSys | 6.88 Bn | 5.08 Bn | 313.36 Mn | 33.49% |
| 8 | Enphase Energy | 4.34 Bn | -522.59 Mn | 175.01 Mn | 59.97% |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn | 49.89% |
| 10 | NaaS Technology | 710.48 Mn | 638.57 Mn | - | - |
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 | 58.27% |
| Sep 30, 2020 | 49.09% |
| Jun 30, 2020 | 14.19% |
| Mar 31, 2020 | -30.81% |
| Dec 31, 2019 | 56.79% |
API Access
NaaS Technology Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=NAAS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "NAAS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=NAAS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();