Nuvve Holding (NVVE) Gross Margin (2020 - 2025)

Nuvve Holding (NVVE) posted Gross Margin of 149.04% for Q4 2025, up 176.12% sequentially from 53.98% in Q3 2025, and up 11047.0% YoY from N/an in Q4 2024.

Nuvve Holding (NVVE) Gross Margin (2020 - 2025) Analysis & Trends

Nuvve Holding (NVVE) has 6 years of Gross Margin data on file, last reported at 149.04% in Q4 2025.

  • Quarterly Gross Margin rose 11047.0% year-over-year to 149.04% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 93.34% (up 4923.0% YoY) and the FY2025 annual result came in at 89.51%, up 2970.0% from the prior year.
  • Gross Margin improved to 149.04% in Q4 2025 per NVVE's latest filing, from 53.98% in the prior quarter.
  • The five-year high for Gross Margin was 149.04% in Q4 2025, with the low at 18.17% in Q4 2023.
  • Average Gross Margin over 5 years is 48.43%, with a median of 49.67% recorded in 2025.
  • Year-over-year, Gross Margin slumped 7503 bps in 2023 and jumped 11047 bps in 2025.
  • Nuvve Holding's Gross Margin stood at 9.83% in 2021, then jumped by 478 bps to 56.85% in 2022, then slumped by 132 bps to 18.17% in 2023, then surged by 312 bps to 38.57% in 2024, then jumped by 286 bps to 149.04% in 2025.
  • Business Quant data shows NVVE's Gross Margin at 149.04% in Q4 2025, 53.98% in Q3 2025, and 85.55% in Q2 2025.

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 Nuvve Holding 146,676.61 -608,569.39 2.91 Mn 149.04%

Historic Data

Download Data
DateValue
Dec 31, 2025 149.04%
Sep 30, 2025 53.98%
Jun 30, 2025 85.55%
Mar 31, 2025 47.21%
Dec 31, 2024 38.57%
Sep 30, 2024 52.14%
Jun 30, 2024 24.87%
Mar 31, 2024 56.82%
Dec 31, 2023 -18.17%
Sep 30, 2023 14.66%
Jun 30, 2023 38.15%
Mar 31, 2023 26.21%
Dec 31, 2022 56.85%
Sep 30, 2022 88.91%
Jun 30, 2022 20.52%
Mar 31, 2022 9.65%
Dec 31, 2021 9.83%
Sep 30, 2021 66.67%
Jun 30, 2021 63.04%
Mar 31, 2021 84.08%