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
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%