Twin Vee PowerCats (VEEE) Gross Margin (2020 - 2026)
Twin Vee PowerCats' quarterly Gross Margin came in at 4.95% in Q1 2026, down 992.0% year-on-year from 0.56% in Q1 2025, and up 34.63% quarter-over-quarter from 3.68% in Q4 2025.
Twin Vee PowerCats has reported Gross Margin for 7 years, with the latest figure at 4.95% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 992.0% year-over-year to 4.95%; the trailing twelve-month figure through Mar 2026 stood at 6.04% (up 990.0% YoY), and the FY2025 full-year result was 8.48%, up 1371.0% from the prior year.
- Gross Margin for Q1 2026 stood at 4.95%, up from 3.68% in the prior quarter.
- The five-year high for Gross Margin was 41.36% in Q1 2022, with the low at 57.61% in Q4 2024.
- Average Gross Margin over 5 years is 9.35%, with a median of 7.5% recorded in 2023.
- Year-over-year, Gross Margin plunged 6015 bps in 2024 and surged 6129 bps in 2025.
- Tracing VEEE's Gross Margin over 5 years: stood at 16.43% in 2022, then slumped by 85 bps to 2.53% in 2023, then tumbled by 2373 bps to 57.61% in 2024, then soared by 106 bps to 3.68% in 2025, then jumped by 35 bps to 4.95% in 2026.
- The last three Gross Margin figures came in at 4.95% (Q1 2026), 3.68% (Q4 2025), and 1.32% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brunswick | 5.48 Bn | 5.20 Bn | 343.60 Mn | 24.93% |
| 2 | Thor Industries | 4.17 Bn | 3.93 Bn | 251.25 Mn | 11.82% |
| 3 | Polaris | 4.05 Bn | 3.77 Bn | - | - |
| 4 | Brp | 3.05 Bn | 2.70 Bn | 398.91 Mn | 22.53% |
| 5 | Patrick Industries | 2.94 Bn | 2.90 Bn | 226.86 Mn | 22.75% |
| 6 | Harley-Davidson | 2.66 Bn | 2.68 Bn | 266.45 Mn | 25.12% |
| 7 | Lci Industries | 2.64 Bn | 2.50 Bn | 273.67 Mn | 25.09% |
| 8 | Winnebago Industries | 837.26 Mn | 789.86 Mn | 85.60 Mn | 13.02% |
| 9 | Malibu Boats | 526.29 Mn | 480.05 Mn | 41.28 Mn | 17.51% |
| 10 | Twin Vee PowerCats | 1.16 Mn | -4.29 Mn | 196,337.00 | 4.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.95% |
| Dec 31, 2025 | 3.68% |
| Sep 30, 2025 | -1.32% |
| Jun 30, 2025 | 13.75% |
| Mar 31, 2025 | 14.87% |
| Dec 31, 2024 | -57.61% |
| Sep 30, 2024 | -5.02% |
| Jun 30, 2024 | 4.68% |
| Mar 31, 2024 | 5.26% |
| Dec 31, 2023 | 2.53% |
| Sep 30, 2023 | 7.50% |
| Jun 30, 2023 | 11.52% |
| Mar 31, 2023 | 18.13% |
| Dec 31, 2022 | 16.43% |
| Sep 30, 2022 | 37.84% |
| Jun 30, 2022 | 40.46% |
| Mar 31, 2022 | 41.36% |
| Dec 31, 2021 | 36.14% |
| Sep 30, 2021 | 39.10% |
| Jun 30, 2021 | 39.91% |
| Mar 31, 2021 | 46.39% |
| Dec 31, 2020 | 52.89% |
| Sep 30, 2020 | 28.02% |
| Jun 30, 2020 | 40.42% |