Twin Vee PowerCats (VEEE) Gross Margin (2020 - 2026)
Twin Vee PowerCats (VEEE) posted Gross Margin of 5.84% for Q2 2026, down 217.91% on a QoQ basis from 4.95% in Q1 2026, and down 1959.0% year-over-year from 0.31% in Q2 2025.
Analysis
Twin Vee PowerCats (VEEE) Gross Margin (2020 - 2026) Analysis & Trends
Twin Vee PowerCats has reported Gross Margin for 7 years, with the latest figure at 5.84% in Q2 2026.
- On a quarterly basis, Gross Margin fell 1959.0% year-over-year to 5.84% in Q2 2026; TTM through Jun 2026 was 0.59%, a 89.0% increase from a year earlier, with the FY2025 full-year figure at 8.48%, up 1371.0% from the prior year.
- Gross Margin was 5.84% for Q2 2026 at Twin Vee PowerCats, down from 4.95% 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 8.51%, with a median of 6.38% recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Gross Margin tumbled 6015 bps in 2024, then jumped 6129 bps in 2025.
- Over 5 years, Gross Margin 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 tumbled by 259 bps to 5.84% in 2026.
- The last three Gross Margin figures came in at 5.84% (Q2 2026), 4.95% (Q1 2026), and 3.68% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thor Industries | 3.77 Bn | 3.40 Bn | 354.77 Mn | 12.75% |
| 2 | Polaris | 3.42 Bn | 3.12 Bn | - | - |
| 3 | Harley-Davidson | 2.81 Bn | 917.71 Mn | 421.12 Mn | 34.23% |
| 4 | Brunswick | 1.58 Bn | 1.27 Bn | 437.80 Mn | 28.10% |
| 5 | Winnebago Industries | 820.70 Mn | 763.60 Mn | 94.90 Mn | 13.58% |
| 6 | Malibu Boats | 500.77 Mn | 426.35 Mn | 52.19 Mn | 17.66% |
| 7 | MasterCraft Boat Holdings | 373.87 Mn | 289.25 Mn | 19.54 Mn | 24.99% |
| 8 | Niu Technologies | 166.97 Mn | -28.16 Mn | 33.95 Mn | 15.99% |
| 9 | Massimo | 40.81 Mn | 36.17 Mn | 7.28 Mn | 48.81% |
| 10 | Twin Vee PowerCats | 5.45 Mn | 1.52 Mn | -182,668.00 | -5.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.84% |
| 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% |