KNDI
Kandi Technologies Group Inc
NASDAQ: KNDI · CONSUMER CYCLICAL · RECREATIONAL VEHICLES
$0.70
+0.86% today
Updated 2026-04-29
Market cap
$70.29M
P/E ratio
—
P/S ratio
0.68x
EPS (TTM)
$-1.12
Dividend yield
—
52W range
$1 – $2
Volume
0.3M
Kandi Technologies Group Inc (KNDI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $34.70M | $40.51M | $33.83M | $42.88M | $40.18M | $64.51M | $94.54M | $170.23M | $201.07M | $129.49M | $102.81M | $112.44M | $135.74M | $76.92M | $91.49M | $117.81M | $123.60M | $127.57M | $87.44M |
| Revenue growth (YoY) | — | — | +16.7% | -16.5% | +26.8% | -6.3% | +60.6% | +46.5% | +80.1% | +18.1% | -35.6% | -20.6% | +9.4% | +20.7% | -43.3% | +18.9% | +28.8% | +4.9% | +3.2% | -31.5% |
| Cost of revenue | — | $27.23M | $30.92M | $25.61M | $33.26M | $30.96M | $51.62M | $72.79M | $146.83M | $172.65M | $111.77M | $88.46M | $92.19M | $110.31M | $63.43M | $75.24M | $98.30M | $82.23M | $88.30M | $50.15M |
| Gross profit | — | $7.47M | $9.59M | $8.21M | $9.62M | $9.21M | $12.89M | $21.74M | $23.40M | $28.42M | $17.72M | $14.34M | $20.25M | $25.43M | $13.49M | $16.25M | $19.52M | $41.37M | $39.27M | $37.29M |
| Gross margin | — | 21.5% | 23.7% | 24.3% | 22.4% | 22.9% | 20.0% | 23.0% | 13.7% | 14.1% | 13.7% | 14.0% | 18.0% | 18.7% | 17.5% | 17.8% | 16.6% | 33.5% | 30.8% | 42.6% |
| R&D | — | $108399.00 | $839989.00 | $2.34M | $1.91M | $2.30M | $2.88M | $3.73M | $2.76M | $3.48M | $26.50M | $27.63M | $10.08M | $6.21M | $7.25M | $38.97M | $6.03M | $4.27M | $5.00M | $7.62M |
| SG&A | $1.99M | $936224.00 | $1.84M | $2.57M | $3.37M | $3.46M | $4.25M | $16.06M | $14.06M | $28.26M | $20.67M | $11.33M | $8.61M | $14.24M | $13.04M | $19.61M | $32.33M | $35.38M | $57.68M | $71.07M |
| Operating income | $-1990.00 | $5.19M | $6.44M | $2.28M | $3.22M | $3.04M | $5.31M | $1.56M | $5.24M | $-3.95M | $-31.02M | $-26.08M | $-1.64M | $909536.00 | $754396.00 | $1.34M | $-27.68M | $-13.05M | $-68.78M | $-39.52M |
| Operating margin | — | 15.0% | 15.9% | 6.7% | 7.5% | 7.6% | 8.2% | 1.6% | 3.1% | -2.0% | -24.0% | -25.4% | -1.5% | 0.7% | 1.0% | 1.5% | -23.5% | -10.6% | -53.9% | -45.2% |
| EBITDA | $2.86M | $7.32M | $8.91M | $6.54M | $7.09M | $16.31M | $10.29M | $9.27M | $10.82M | $1.84M | $-26.15M | $-21.30M | $2.69M | $9.02M | $-5.28M | $-37.20M | $-12.12M | $102648.00 | $-32.82M | — |
| EBITDA margin | — | 21.1% | 22.0% | 19.3% | 16.5% | 40.6% | 15.9% | 9.8% | 6.4% | 0.9% | -20.2% | -20.7% | 2.4% | 6.6% | -6.9% | -40.7% | -10.3% | 0.1% | -25.7% | 0.0% |
| EBIT | $-1990.00 | $5.86M | $6.94M | $3.10M | $2.38M | $11.61M | $5.31M | $1.56M | $5.24M | $-3.95M | $-31.02M | $-26.08M | $-1.64M | $909536.00 | $-13.42M | $-47.07M | $-24.34M | $-11.61M | $-44.65M | — |
| Interest expense | $0.00 | $1.11M | $2.02M | $1.81M | $2.92M | $1.95M | $2.78M | $4.39M | $3.48M | $2.21M | $1.83M | $2.28M | $1.87M | $4.82M | $3.75M | $407620.00 | $707488.00 | $1.33M | $2.20M | $1.89M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-1990.00 | $5.03M | $4.92M | $999801.00 | $-951000.00 | $9.12M | $6.05M | $-21.14M | $12.27M | $14.67M | $-6.51M | $-28.35M | $-5.69M | $-7.19M | $-10.39M | $22.86M | $-12.12M | $7132.00 | $-50.50M | $-93.88M |
| Net income growth (YoY) | — | +252813.6% | -2.1% | -79.7% | -195.1% | +1058.5% | -33.6% | -449.5% | +158.0% | +19.5% | -144.4% | -335.4% | +79.9% | -26.2% | -44.6% | +320.0% | -153.0% | +100.1% | -708115.5% | -85.9% |
| Profit margin | — | 14.5% | 12.1% | 3.0% | -2.2% | 22.7% | 9.4% | -22.4% | 7.2% | 7.3% | -5.0% | -27.6% | -5.1% | -5.3% | -13.5% | 25.0% | -10.3% | 0.0% | -39.6% | -107.4% |