Kandi Technologies Reports Full Year 2025 Financial Results
Kandi Technologies Group, Inc. - Ordinary Shares (KNDI)
US:NASDAQ Investor Relations:
en.kandivehicle.com/investornews.aspx?classid=3
Company Research
Source: GlobeNewswire
Gross margin expanded to 42.6%, up 11.8 percentage points year over yearMaintained strong financial position with $212M in cash, restricted cash, and time deposits JINHUA, China, April 28, 2026 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (“Kandi” or the “Company”) (NASDAQ GS: KNDI), a global innovator in intelligent equipment and a technology-driven platform company, today announced its financial results for the full year ended December 31, 2025. Full Year 2025 Financial Highlights Total net revenues were $87.4 million, compared with $127.6 million for 2024.Gross margin increased to 42.6% from 30.8% for 2024.As of December 31, 2025, the Company had cash and cash equivalents, restricted cash, and certificates of deposit totaling $211.9 million, compared with $126.3 million as of December 31, 2024.Net cash provided by operating activities was $96.8 million, compared with net cash used in operating activities of $17.8 million for 2024. Recent Developments Kandi’s subsidiar
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- Kandi Technologies to Report Full Year 2025 Financial Results on Tuesday, April 28, 2026GlobeNewswire
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