Kandi Technologies Group, Inc. (KNDI) quarterly income statement — complete revenue, gross profit & net income history
Kandi Technologies Group, Inc. (KNDI) annual income statement — 22-year revenue, gross profit & net income history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Sales/Revenue | 25.57M | 25.57M | 18.15M | 18.15M | 37.8M | 29.95M | 39.15M | 29.91M | 28.36M | 36.43M | 35.95M | 22.86M | 38.41M | 33.67M | 20.84M | 24.89M | 28.84M | 16.8M | 29.88M | 15.98M |
| Revenue Growth % | -32.34% | -14.6% | -53.65% | -39.34% | 33.3% | -17.79% | 8.89% | 30.84% | -26.17% | 8.18% | 72.51% | -8.15% | 33.19% | 100.49% | -30.24% | 55.79% | -10.98% | -10.27% | 53.71% | 150.73% |
| Cost of Goods Sold | 15.12M | 15.12M | 9.95M | 9.95M | 26.87M | 20.57M | 27.31M | 20.43M | 19.67M | 25.51M | 22.22M | 14.83M | 30.36M | 27.3M | 18.12M | 22.5M | 25.79M | 14.05M | 23.78M | 11.62M |
| COGS % of Revenue | 59.13% | 59.13% | 54.85% | 54.85% | 71.09% | 68.7% | 69.75% | 68.3% | 69.37% | 70.02% | 61.8% | 64.88% | 79.06% | 81.09% | 86.95% | 90.41% | 89.44% | 83.63% | 79.59% | 72.75% |
| Gross Profit | 10.45M | 10.45M | 8.19M | 8.19M | 10.93M | 9.37M | 11.84M | 9.48M | 8.69M | 10.92M | 13.73M | 8.03M | 8.04M | 6.37M | 2.72M | 2.39M | 3.05M | 2.75M | 6.1M | 4.35M |
| Gross Margin % | 40.87% | 40.87% | 45.15% | 45.15% | 28.91% | 31.3% | 30.25% | 31.7% | 30.63% | 29.98% | 38.2% | 35.12% | 20.94% | 18.91% | 13.05% | 9.59% | 10.56% | 16.37% | 20.41% | 27.25% |
| Gross Profit Growth % | -4.36% | 11.5% | -30.82% | -13.6% | 25.81% | -14.15% | -13.77% | 18.11% | 8.02% | 71.44% | 405.16% | 236.35% | 164.03% | 131.63% | -55.41% | -45.18% | -37.49% | -29.69% | 72.41% | 273.04% |
| Operating Expenses | 38.07M | 38.07M | 9.16M | 9.16M | 68.63M | 16.1M | 13.11M | 11.66M | 15.69M | 14.51M | 13.96M | 10.27M | 21.55M | 8.56M | 9M | 8.09M | 14.21M | 11.77M | -38.27M | 27.2M |
| OpEx % of Revenue | 148.87% | 148.87% | 50.48% | 50.48% | 181.56% | 53.78% | 33.48% | 38.98% | 55.32% | 39.82% | 38.84% | 44.9% | 56.1% | 25.42% | 43.19% | 32.5% | 49.28% | 70.07% | -128.1% | 170.25% |
| Selling, General & Admin | 27.63M | 27.63M | 7.91M | 7.91M | 43.47M | 13.82M | 12.33M | 10.82M | 14.1M | 13.61M | 11.62M | 9.39M | 16M | 7.13M | 7.75M | 6.95M | 7.32M | 5.02M | 6.42M | 5.58M |
| SG&A % of Revenue | 108.02% | 108.02% | 43.58% | 43.58% | 114.99% | 46.15% | 31.48% | 36.16% | 49.73% | 37.36% | 32.32% | 41.06% | 41.67% | 21.17% | 37.17% | 27.92% | 25.4% | 29.91% | 21.48% | 34.9% |
| Research & Development | 2.56M | 2.56M | 1.25M | 1.25M | 1.03M | 2.28M | 783K | 842.5K | 1.59M | 917.89K | 874.56K | 878.98K | 2.2M | 1.43M | 1.25M | 1.14M | 7.03M | 6.75M | 3.56M | 21.62M |
| R&D % of Revenue | 10.01% | 10.01% | 6.9% | 6.9% | 2.72% | 7.62% | 2% | 2.82% | 5.62% | 2.52% | 2.43% | 3.84% | 5.73% | 4.26% | 6.02% | 4.58% | 24.39% | 40.18% | 11.93% | 135.34% |
| Other Operating Expenses | 1000K | 1000K | 0 | 0 | 1000K | 0 | 0 | 0 | -8.93K | -21.84K | 1000K | 0 | 1000K | 0 | 0 | 0 | -145.89K | -2.24K | -1000K | 0 |
| Operating Income | -27.62M | -27.62M | -966K | -966K | -57.7M | -6.73M | -1.27M | -2.18M | -7M | -3.59M | -229.16K | -2.24M | -13.5M | -2.19M | -6.28M | -5.7M | -11.17M | -9.02M | 44.37M | -22.85M |
| Operating Margin % | -108% | -108% | -5.32% | -5.32% | -152.64% | -22.47% | -3.23% | -7.28% | -24.68% | -9.85% | -0.64% | -9.78% | -35.16% | -6.51% | -30.14% | -22.91% | -38.72% | -53.7% | 148.51% | -142.99% |
| Operating Income Growth % | 52.13% | -310.42% | 23.7% | 55.62% | -724.38% | -87.61% | -452.44% | 2.7% | 48.17% | -63.67% | 96.35% | 60.78% | -20.92% | 75.7% | -114.16% | 75.04% | -120.1% | -279.33% | 281.72% | -568.43% |
| EBITDA | -26.24M | -24.67M | 1.99M | 1.99M | -54.74M | -3.8M | 1.66M | 752.31K | -4.09M | -728.04K | 2.71M | 762.88K | -10.64M | 822.59K | -3.18M | -2.46M | -8.07M | -6.61M | 46.56M | -20.67M |
| EBITDA Margin % | -102.62% | -96.44% | 10.97% | 10.97% | -144.82% | -12.69% | 4.25% | 2.51% | -14.41% | -2% | 7.55% | 3.34% | -27.69% | 2.44% | -15.27% | -9.9% | -27.99% | -39.36% | 155.84% | -129.4% |
| EBITDA Growth % | 52.06% | -548.88% | 19.7% | 164.58% | -1239.74% | -422.11% | -38.74% | -1.39% | 61.59% | -188.51% | 185.31% | 130.96% | -31.8% | 112.44% | -106.83% | 88.08% | -167.79% | -2255.76% | 242.64% | -1374.58% |
| D&A (Non-Cash Add-back) | 1.38M | 2.96M | 2.96M | 2.96M | 2.96M | 2.93M | 2.93M | 2.93M | 2.91M | 2.86M | 2.94M | 3M | 2.87M | 3.01M | 3.1M | 3.24M | 3.1M | 2.41M | 2.19M | 2.17M |
| EBIT | -19.73M | -19.73M | -966K | -966K | -33.56M | -6.73M | -1.27M | -2.18M | -7.01M | -3.61M | 1.24M | -2.24M | -10.16M | -2.19M | -6.28M | -5.7M | -11.31M | -9.02M | -3.88M | -22.85M |
| Net Interest Income | 1.79M | 1.79M | 3.23M | 1.62M | 2.89M | 2.29M | 1.04M | 1.63M | 3.4M | 1.57M | 1.76M | 1.93M | 1.45M | 1.96M | 1.24M | 1.07M | 1.32M | 1.18M | 896.04K | 402.24K |
| Interest Income | 0 | 0 | 3.23M | 1.62M | 3.46M | 2.95M | 1.55M | 2.08M | 4M | 1.93M | 1.96M | 2.1M | 1.69M | 2.14M | 1.38M | 1.22M | 1.46M | 1.25M | 974.11K | 528.59K |
| Interest Expense | 0 | 0 | 0 | 0 | 577.62K | 653K | 512K | 453K | 604.73K | 355K | 194.24K | 173.37K | 243.49K | 177.42K | 138.43K | 148.14K | 139.84K | 63.37K | 78.07K | 126.35K |
| Other Income/Expense | -18.97M | -18.97M | 1.74M | 1.74M | 2.37M | 3.15M | 3.19M | 3.59M | 4.3M | 4.85M | 4.92M | 2.45M | 2.84M | 3.76M | 3.69M | 4.05M | 4.9M | 1.85M | 4.51M | 16.61M |
| Pretax Income | -46.59M | -46.59M | 774K | 774K | -55.32M | -3.58M | 1.93M | 1.41M | -2.7M | 1.26M | 4.69M | 215.91K | -10.66M | 1.57M | -2.6M | -1.65M | -6.26M | -7.17M | 48.88M | -6.23M |
| Pretax Margin % | -182.18% | -182.18% | 4.27% | 4.27% | -146.36% | -11.96% | 4.93% | 4.73% | -9.52% | 3.47% | 13.05% | 0.94% | -27.76% | 4.66% | -12.45% | -6.64% | -21.72% | -42.7% | 163.61% | -39.01% |
| Income Tax | 2.04M | 2.04M | 73.5K | 73.5K | 6.17M | 593K | 311K | 224.5K | 1.89M | 12.01K | 305.22K | 379.55K | 232.28K | 497.21K | 719.84K | 32.6K | 2.47M | 696.97K | 7.95M | 169.19K |
| Effective Tax Rate % | -4.38% | -4.38% | 9.5% | 9.5% | -11.15% | -16.55% | 16.12% | 15.88% | -69.97% | 0.95% | 6.5% | 175.79% | -2.18% | 31.66% | -27.73% | -1.97% | -39.42% | -9.72% | 16.26% | -2.71% |
| Net Income | -47.8M | -47.8M | 862K | 862K | -48.7M | -4.11M | 1.67M | 1.16M | -4.56M | 868.9K | 3.73M | -29.11K | -8.95M | 379.02K | -1.94M | -1.62M | -3.79M | -7.87M | 40.93M | -6.4M |
| Net Margin % | -186.92% | -186.92% | 4.75% | 4.75% | -128.84% | -13.73% | 4.27% | 3.87% | -16.08% | 2.39% | 10.37% | -0.13% | -23.3% | 1.13% | -9.3% | -6.49% | -13.16% | -46.85% | 137% | -40.07% |
| Net Income Growth % | 1.84% | -1062.83% | -48.48% | -25.53% | -967.79% | -573.13% | -55.12% | 4076.3% | 49.04% | 129.25% | 292.44% | 98.2% | -135.87% | 104.82% | -104.73% | 74.76% | 66.77% | -439.6% | 909.35% | -306.61% |
| Net Income (Continuing) | -48.63M | -48.63M | 847.5K | 847.5K | -49.15M | -4.17M | 1.62M | 1.19M | -4.59M | 1.28M | 4.39M | 595.46K | -10.43M | 1.07M | -1.88M | -1.62M | -3.79M | -7.87M | 40.93M | -6.4M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -744 | -744 | 1.9M | 1.9M | 1.93M | 2.38M | 2.45M | 0 | 2.39M | 2.41M | 2.01M | 1.35M | 722.48K | 2.16M | 1.19M | 1.2M | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.58 | -0.58 | 0.01 | 0.01 | -0.57 | -0.05 | 0.02 | 0.01 | -0.05 | 0.01 | 0.05 | -0.00 | -0.12 | 0.01 | -0.03 | -0.02 | -0.05 | -0.10 | 0.54 | -0.08 |
| EPS Growth % | -1.75% | -1060% | -48.45% | -25.37% | -991.95% | -567.29% | -60.33% | - | 56.5% | - | 291.76% | 98.11% | -144.4% | 105% | -104.72% | 75.03% | 72.72% | -271.75% | 610.53% | -182.06% |
| EPS (Basic) | -0.58 | -0.58 | 0.01 | 0.01 | -0.57 | -0.05 | 0.02 | 0.01 | -0.05 | 0.01 | 0.05 | -0.00 | -0.12 | 0.01 | -0.03 | -0.02 | -0.05 | -0.10 | 0.54 | -0.08 |
| Diluted Shares Outstanding | 82.42M | 82.42M | 84.81M | 84.81M | 86.07M | 86.07M | 86.52M | 87.35M | 79.9M | 81.23M | 76.32M | 75.1M | 74.18M | 75.89M | 75.86M | 76.29M | 76.39M | 76.39M | 75.51M | 75.38M |
| Basic Shares Outstanding | 82.42M | 82.42M | 86.2M | 86.2M | 82.22M | 82.22M | 86.33M | 87.35M | 78.78M | 79.17M | 74.38M | 74.19M | 75.57M | 75.74M | 75.86M | 76.29M | 76.39M | 76.39M | 75.51M | 75.38M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |