Kandi Technologies Group (KNDI) Revenue & Revenue Breakdown
Kandi Technologies Group Revenue Highlights
Latest Revenue (Y)
$123.60M
Latest Revenue (Q)
$20.70M
Main Geography (Y)
UNITED STATES
Kandi Technologies Group Revenue by Period
Kandi Technologies Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $123.60M | 4.91% |
| 2022-12-31 | $117.81M | 28.78% |
| 2021-12-31 | $91.49M | 18.94% |
| 2020-12-31 | $76.92M | -43.33% |
| 2019-12-31 | $135.74M | 20.72% |
| 2018-12-31 | $112.44M | 9.37% |
| 2017-12-31 | $102.81M | -20.61% |
| 2016-12-31 | $129.49M | -35.60% |
| 2015-12-31 | $201.07M | 18.12% |
| 2014-12-31 | $170.23M | 80.07% |
| 2013-12-31 | $94.54M | 46.54% |
| 2012-12-31 | $64.51M | 60.57% |
| 2011-12-31 | $40.18M | -6.30% |
| 2010-12-31 | $42.88M | 26.76% |
| 2009-12-31 | $33.83M | -16.50% |
| 2008-12-31 | $40.51M | 16.75% |
| 2007-12-31 | $34.70M | 100.00% |
| 2006-03-31 | - | 100.00% |
| 2005-03-31 | - | 100.00% |
| 2004-03-31 | - | - |
Kandi Technologies Group generated $123.60M in revenue during NA 2023, up 4.91% compared to the previous quarter, and up 109.93% compared to the same period a year ago.
Kandi Technologies Group Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $20.70M | -27.00% |
| 2023-12-31 | $28.36M | -22.15% |
| 2023-09-30 | $36.43M | 1.32% |
| 2023-06-30 | $35.95M | 57.26% |
| 2023-03-31 | $22.86M | -40.47% |
| 2022-12-31 | $38.41M | 14.06% |
| 2022-09-30 | $33.67M | 61.57% |
| 2022-06-30 | $20.84M | -16.27% |
| 2022-03-31 | $24.89M | -13.68% |
| 2021-12-31 | $28.84M | 71.69% |
| 2021-09-30 | $16.80M | -43.78% |
| 2021-06-30 | $29.88M | 86.98% |
| 2021-03-31 | $15.98M | -50.68% |
| 2020-12-31 | $32.39M | 73.07% |
| 2020-09-30 | $18.72M | -3.70% |
| 2020-06-30 | $19.44M | 205.02% |
| 2020-03-31 | $6.37M | -89.69% |
| 2019-12-31 | $61.84M | 95.14% |
| 2019-09-30 | $31.69M | 31.24% |
| 2019-06-30 | $24.15M | 33.64% |
| 2019-03-31 | $18.07M | -63.68% |
| 2018-12-31 | $49.75M | 30.93% |
| 2018-09-30 | $38.00M | 132.25% |
| 2018-06-30 | $16.36M | 96.25% |
| 2018-03-31 | $8.34M | -80.55% |
| 2017-12-31 | $42.85M | 51.13% |
| 2017-09-30 | $28.35M | 3.76% |
| 2017-06-30 | $27.33M | 539.25% |
| 2017-03-31 | $4.27M | -75.22% |
| 2016-12-31 | $17.25M | 170.96% |
| 2016-09-30 | $6.37M | -88.47% |
| 2016-06-30 | $55.22M | 9.00% |
| 2016-03-31 | $50.66M | -13.84% |
| 2015-12-31 | $58.80M | 16.36% |
| 2015-09-30 | $50.53M | 5.35% |
| 2015-06-30 | $47.96M | 9.55% |
| 2015-03-31 | $43.78M | -17.22% |
| 2014-12-31 | $52.89M | 19.64% |
| 2014-09-30 | $44.21M | 34.12% |
| 2014-06-30 | $32.96M | -17.95% |
| 2014-03-31 | $40.17M | -20.55% |
| 2013-12-31 | $50.56M | 194.89% |
| 2013-09-30 | $17.15M | 41.02% |
| 2013-06-30 | $12.16M | -17.08% |
| 2013-03-25 | $14.66M | -44.32% |
| 2012-12-31 | $26.33M | 106.27% |
| 2012-09-30 | $12.77M | 15.41% |
| 2012-06-30 | $11.06M | -22.95% |
| 2012-03-31 | $14.36M | 26.07% |
| 2011-12-31 | $11.39M | 10.44% |
| 2011-09-30 | $10.31M | 1.71% |
| 2011-06-30 | $10.14M | 21.53% |
| 2011-03-31 | $8.34M | -41.43% |
| 2010-12-31 | $14.24M | 35.92% |
| 2010-09-30 | $10.48M | 5.71% |
| 2010-06-30 | $9.91M | 20.08% |
| 2010-03-31 | $8.25M | -43.90% |
| 2009-12-31 | $14.71M | 52.84% |
| 2009-09-30 | $9.63M | 75.62% |
| 2009-06-30 | $5.48M | 36.84% |
| 2009-03-31 | $4.01M | -58.90% |
| 2008-12-31 | $9.75M | 5.24% |
| 2008-09-30 | $9.26M | -25.46% |
| 2008-06-30 | $12.42M | 30.96% |
| 2008-03-31 | $9.49M | 9.30% |
| 2007-12-31 | $8.68M | - |
Kandi Technologies Group generated $20.70M in revenue during Q1 2024, up -27.00% compared to the previous quarter, and up 53.90% compared to the same period a year ago.
Kandi Technologies Group Revenue Breakdown
Kandi Technologies Group Revenue Breakdown by Product
Quarterly Revenue by Product
| Product/Service | Jun 22 | Mar 22 | Mar 18 |
|---|---|---|---|
| BatteryExchangeEquipmentAndBatteryExchangeServiceMember | $83.15K | $25.51K | - |
| EVProductsMember | $2.49M | - | - |
| ElectricScootersAndElectricSelfBalancingScootersMember | $1.22M | $2.13M | - |
| EvPartsMember | $588.77K | - | - |
| LithiumionCellsMember | $6.37M | $8.02M | - |
| ProductsTransferredAtAPointInTimeMember | $20.84M | $24.89M | - |
| Vehicles | $10.09M | $10.71M | - |
| Products Transferred | - | - | $8.34M |
Kandi Technologies Group's latest quarterly revenue breakdown by segment (product or service), as of Jun 22: ProductsTransferredAtAPointInTimeMember (50.00%), Vehicles (24.21%), LithiumionCellsMember (15.29%), EVProductsMember (5.97%), ElectricScootersAndElectricSelfBalancingScootersMember (2.92%), EvPartsMember (1.41%), and BatteryExchangeEquipmentAndBatteryExchangeServiceMember (0.20%).
Kandi Technologies Group Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| CHINA | $29.62M | $51.94M | $58.82M | $111.12M | $99.70M |
| UNITED STATES | $93.98M | - | - | - | - |
| Overseas | - | - | - | $24.62M | $12.74M |
Kandi Technologies Group's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (76.04%), and CHINA (23.96%).
Quarterly Revenue by Country
| Country | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Dec 21 | Sep 21 | Jun 21 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHINA | $22.71M | $4.77M | $2.14M | $14.20M | $13.19M | $17.28M | $9.74M | $23.70M | $4.24M | $53.19M | $25.99M | $19.10M | $12.85M | $45.34M | $32.15M | $15.70M | $6.51M |
| UNITED STATES | $62.79M | $31.19M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Overseas | - | - | - | - | - | - | - | - | $2.13M | $8.65M | $5.70M | $5.05M | $5.22M | $4.40M | $5.85M | $663.18K | $1.83M |
Kandi Technologies Group's latest quarterly revenue breakdown by geography, as of Dec 23: UNITED STATES (73.44%), and CHINA (26.56%).
Kandi Technologies Group Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| LEA | Lear | $23.47B | $6.01B |
| ADNT | Adient | $15.39B | $3.72B |
| LKQ | LKQ | $13.87B | $3.71B |
| DAN | Dana | $10.55B | $2.74B |
| ALV | Autoliv | $10.47B | $2.60B |
| DORM | Dorman Products | $1.93B | $502.95M |
| FOXF | Fox Factory | $1.46B | $348.49M |
| CVGI | Commercial Vehicle Group | $994.68M | $229.91M |
| SRI | Stoneridge | $975.82M | $237.06M |
| WPRT | Westport Fuel Systems | $337.88M | $77.23M |
| SYPR | Sypris Solutions | $136.22M | $35.52M |
| KNDI | Kandi Technologies Group | $123.60M | $20.70M |
| LAZR | Luminar | $69.78M | $20.97M |
| INVZ | Innoviz | $20.88M | $7.06M |
| AEVA | Aeva | $4.31M | $2.01M |
| LIDR | AEye | $1.46M | $32.00K |
| HYLN | Hyliion | $672.00K | - |
| FRSX | Foresight Autonomous | $497.00K | $101.00K |
| QS | QuantumScape | - | - |
KNDI Revenue FAQ
What is Kandi Technologies Group’s yearly revenue?
Kandi Technologies Group's yearly revenue for 2023 was $123.6M, representing an increase of 4.91% compared to 2022. The company's yearly revenue for 2022 was $117.81M, representing an increase of 28.78% compared to 2021. KNDI's yearly revenue for 2021 was $91.49M, representing an increase of 18.94% compared to 2020.
What is Kandi Technologies Group’s quarterly revenue?
Kandi Technologies Group's quarterly revenue for Q1 2024 was $20.7M, a -27.00% decrease from the previous quarter (Q4 2023), and a -9.46% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $28.36M, a -22.15% decrease from the previous quarter (Q3 2023), and a -26.17% decrease year-over-year (Q4 2022). KNDI's quarterly revenue for Q3 2023 was $36.43M, a 1.32% increase from the previous quarter (Q2 2023), and a 8.18% increase year-over-year (Q3 2022).
What is Kandi Technologies Group’s revenue growth rate?
Kandi Technologies Group's revenue growth rate for the last 3 years (2021-2023) was 35.10%, and for the last 5 years (2019-2023) was -8.95%.