Nuvve Holding (NVVE) Gross Margin (2020 - 2025)
Nuvve Holding's (NVVE) quarterly Gross Margin came in at 149.04% in Q4 2025, up 11047.0% year-on-year from N/an in Q4 2024, and up 176.12% quarter-over-quarter from 53.98% in Q3 2025.
Nuvve Holding (NVVE) Gross Margin (2020 - 2025) Analysis & Trends
Nuvve Holding has disclosed Gross Margin across 6 years of filings, most recently posting 149.04% for Q4 2025.
- Gross Margin for Q4 2025 came in at 149.04%, up 11047.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 93.34% (up 4923.0% YoY), and the FY2025 annual result was 89.51%, up 2970.0% from the prior year.
- Gross Margin came in at 149.04% for Q4 2025 at Nuvve Holding, up from 53.98% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 149.04% in Q4 2025 to a low of 18.17% in Q4 2023.
- The 5-year median for Gross Margin is 49.67% (2025), against an average of 48.43%.
- Across the five-year window, Gross Margin plunged 7503 bps in 2023 and soared 11047 bps in 2025, its largest moves.
- Nuvve Holding's Gross Margin stood at 9.83% in 2021, then jumped by 478 bps to 56.85% in 2022, then sank 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.
- The last three Gross Margin figures came in at 149.04% (Q4 2025), 53.98% (Q3 2025), and 85.55% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 27.84 Bn | 27.38 Bn | 1.01 Bn | 25.70% |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | 46.87% |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 38.06% |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 28.43% |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 36.22% |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 23.52% |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | - |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | 40.32% |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 82.59% |
| 10 | Nuvve Holding | 133,597.93 | -6.41 Mn | 2.91 Mn | 149.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |