Growth Metrics

Shorepower Technologies (SPEV) Gross Margin (2022 - 2025)

Shorepower Technologies (SPEV) has disclosed Gross Margin for 9 consecutive years, with 103.26% as the latest value for Q3 2025.

  • On a quarterly basis, Gross Margin fell 687.0% to 103.26% in Q3 2025 year-over-year; TTM through Sep 2025 was 46.5%, a 2888.0% increase, with the full-year FY2024 number at 19.51%, up 14470.0% from a year prior.
  • Gross Margin was 103.26% for Q3 2025 at Shorepower Technologies, down from 79.22% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 97.46% in Q2 2024 to a low of 251.46% in Q2 2022.
  • A 4-year average of 67.84% and a median of 85.98% in 2023 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: surged 24576bps in 2023, then crashed -17667bps in 2025.
  • Shorepower Technologies' Gross Margin stood at 50.69% in 2022, then surged by 89bps to 5.7% in 2023, then plummeted by -2926bps to 172.49% in 2024, then skyrocketed by 40bps to 103.26% in 2025.
  • Per Business Quant, the three most recent readings for SPEV's Gross Margin are 103.26% (Q3 2025), 79.22% (Q2 2025), and 76.13% (Q1 2025).