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Kandi Technologies Group (KNDI) Revenue & Revenue Breakdown

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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

DateRevenueChange
2023-12-31$123.60M4.91%
2022-12-31$117.81M28.78%
2021-12-31$91.49M18.94%
2020-12-31$76.92M-43.33%
2019-12-31$135.74M20.72%
2018-12-31$112.44M9.37%
2017-12-31$102.81M-20.61%
2016-12-31$129.49M-35.60%
2015-12-31$201.07M18.12%
2014-12-31$170.23M80.07%
2013-12-31$94.54M46.54%
2012-12-31$64.51M60.57%
2011-12-31$40.18M-6.30%
2010-12-31$42.88M26.76%
2009-12-31$33.83M-16.50%
2008-12-31$40.51M16.75%
2007-12-31$34.70M100.00%
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

DateRevenueChange
2024-03-31$20.70M-27.00%
2023-12-31$28.36M-22.15%
2023-09-30$36.43M1.32%
2023-06-30$35.95M57.26%
2023-03-31$22.86M-40.47%
2022-12-31$38.41M14.06%
2022-09-30$33.67M61.57%
2022-06-30$20.84M-16.27%
2022-03-31$24.89M-13.68%
2021-12-31$28.84M71.69%
2021-09-30$16.80M-43.78%
2021-06-30$29.88M86.98%
2021-03-31$15.98M-50.68%
2020-12-31$32.39M73.07%
2020-09-30$18.72M-3.70%
2020-06-30$19.44M205.02%
2020-03-31$6.37M-89.69%
2019-12-31$61.84M95.14%
2019-09-30$31.69M31.24%
2019-06-30$24.15M33.64%
2019-03-31$18.07M-63.68%
2018-12-31$49.75M30.93%
2018-09-30$38.00M132.25%
2018-06-30$16.36M96.25%
2018-03-31$8.34M-80.55%
2017-12-31$42.85M51.13%
2017-09-30$28.35M3.76%
2017-06-30$27.33M539.25%
2017-03-31$4.27M-75.22%
2016-12-31$17.25M170.96%
2016-09-30$6.37M-88.47%
2016-06-30$55.22M9.00%
2016-03-31$50.66M-13.84%
2015-12-31$58.80M16.36%
2015-09-30$50.53M5.35%
2015-06-30$47.96M9.55%
2015-03-31$43.78M-17.22%
2014-12-31$52.89M19.64%
2014-09-30$44.21M34.12%
2014-06-30$32.96M-17.95%
2014-03-31$40.17M-20.55%
2013-12-31$50.56M194.89%
2013-09-30$17.15M41.02%
2013-06-30$12.16M-17.08%
2013-03-25$14.66M-44.32%
2012-12-31$26.33M106.27%
2012-09-30$12.77M15.41%
2012-06-30$11.06M-22.95%
2012-03-31$14.36M26.07%
2011-12-31$11.39M10.44%
2011-09-30$10.31M1.71%
2011-06-30$10.14M21.53%
2011-03-31$8.34M-41.43%
2010-12-31$14.24M35.92%
2010-09-30$10.48M5.71%
2010-06-30$9.91M20.08%
2010-03-31$8.25M-43.90%
2009-12-31$14.71M52.84%
2009-09-30$9.63M75.62%
2009-06-30$5.48M36.84%
2009-03-31$4.01M-58.90%
2008-12-31$9.75M5.24%
2008-09-30$9.26M-25.46%
2008-06-30$12.42M30.96%
2008-03-31$9.49M9.30%
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/ServiceJun 22Mar 22Mar 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

CountryDec 23Dec 22Dec 21Dec 19Dec 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

CountryDec 23Jun 23Mar 23Dec 22Sep 22Dec 21Sep 21Jun 21Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18Mar 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

TickerCompanyLast Year RevenueLast Quarter Revenue
LEALear$23.47B$5.59B
ADNTAdient$14.69B$3.72B
LKQLKQ$13.87B$3.58B
DANDana$10.55B$2.48B
ALVAutoliv$10.47B$2.56B
DORMDorman Products$1.93B$503.77M
FOXFFox Factory$1.46B$359.12M
CVGICommercial Vehicle Group$994.68M$171.77M
SRIStoneridge$975.82M$213.83M
WPRTWestport Fuel Systems$337.88M$77.23M
SYPRSypris Solutions$136.22M$35.52M
KNDIKandi Technologies Group$123.60M$20.70M
LAZRLuminar$69.78M$16.45M
INVZInnoviz$20.88M$7.06M
AEVAAeva$4.31M$2.25M
LIDRAEye$1.46M$32.00K
HYLNHyliion$672.00K$2.57M
FRSXForesight Autonomous$497.00K$101.00K
QSQuantumScape--

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%.