Phoenix Motor Inc. (PEVM) Gross Margin (2021 - 2025)
Phoenix Motor (PEVM) recorded Gross Margin of 26.86% in Q3 2025, up 3.47 percentage points from 23.39% a year earlier but down 6.51 percentage points from the prior quarter.
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Phoenix Motor Inc. (PEVM) Gross Margin (2021 - 2025) Analysis & Trends
On a TTM basis, Phoenix Motor's Gross Margin came in at 31.25% as of Sep 30, 2025, up 11.85 percentage points year-over-year; for FY2024, it was 22.65%, up 31.49 percentage points from FY2023.
- Annual Gross Margin has a three-year change of +41.56 percentage points (FY2021 to FY2024).
- Across earlier years, Gross Margin came in at -8.84% in FY2023 (-27.78 pp), 18.94% in FY2022 (+37.85 pp) and -18.91% in FY2021.
- Quarterly Gross Margin has ranged from -31.38% in Q4 2021 to 33.37% in Q2 2025 over the past five years.
- On a year-over-year basis, Gross Margin has increased for three consecutive quarters, with an average year-over-year change of +14.74 percentage points over the last six quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 46.03 percentage points in Q2 2022, against a drop of 31.32 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 33.37% (Q2 2025), 30.95% (Q1 2025) and 32.56% (Q4 2024).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 26.86% |
| Jun 30, 2025 | 33.37% |
| Mar 31, 2025 | 30.95% |
| Dec 31, 2024 | 32.56% |
| Sep 30, 2024 | 23.39% |
| Jun 30, 2024 | 15.20% |
| Mar 31, 2024 | 26.59% |
| Sep 30, 2023 | -1.74% |
| Jun 30, 2023 | -5.27% |
| Mar 31, 2023 | 9.71% |
| Dec 31, 2022 | 14.51% |
| Sep 30, 2022 | 29.58% |
| Jun 30, 2022 | 21.68% |
| Mar 31, 2022 | 17.88% |
| Dec 31, 2021 | -31.38% |
| Sep 30, 2021 | -8.84% |
| Jun 30, 2021 | -24.35% |
API Access
Phoenix Motor Inc. 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=PEVM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PEVM", "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=PEVM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();