Quick Answer
Kandi Technologies Group, Inc. reported Total Revenue of $127.57 million for fiscal year 2024.
Kandi Technologies Group, Inc. — Key Financials by Year
| Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Total Revenue | $127.57M +3.2% |
$123.60M +4.9% |
$117.81M | — |
| Net Income | -$50.50M -708115.5% |
$7.1K +100.1% |
-$12.12M | — |
| Diluted EPS | -$0.59 -3050.0% |
$0.02 +111.8% |
-$0.17 | — |
| Total Assets | $473.90M -4.4% |
$495.46M | — | — |
| Cash and Equivalents | $37.31M +10.5% |
$33.76M -59.8% |
$84.06M | — |
| Long-Term Debt | $5.71M -32.0% |
$8.39M | — | — |
| Stockholders Equity | $344.70M -14.7% |
$404.12M +1.6% |
$397.69M -10.3% |
$443.20M |
| R&D Expense | $5.00M +17.1% |
$4.27M -29.3% |
$6.03M | — |
| Operating Income | -$68.78M -427.0% |
-$13.05M +52.8% |
-$27.68M | — |
| Gross Profit | $39.27M -5.1% |
$41.37M +112.0% |
$19.52M | — |
| Shares Outstanding | 85.48M -2.1% |
87.35M | — | — |
- Kandi Technologies Group, Inc. reported Total Revenue of $127.57 million for fiscal year 2024.
- Kandi Technologies Group, Inc. showed an increase of +3.2% in Total Revenue compared to the prior fiscal year.
- Kandi Technologies Group, Inc. reported Net Income of -$50.50 million for fiscal year 2024.
- Kandi Technologies Group, Inc. showed a decrease of -708115.5% in Net Income compared to the prior fiscal year.
- Kandi Technologies Group, Inc. reported Diluted EPS of $0.59 per share (loss) for fiscal year 2024.
- Kandi Technologies Group, Inc. showed a decrease of -3050.0% in Diluted EPS compared to the prior fiscal year.
- Kandi Technologies Group, Inc. reported Total Assets of $473.90 million for fiscal year 2024.
- Kandi Technologies Group, Inc. showed a decrease of -4.4% in Total Assets compared to the prior fiscal year.
- Kandi Technologies Group, Inc. reported Cash and Equivalents of $37.31 million for fiscal year 2024.
- Kandi Technologies Group, Inc. showed an increase of +10.5% in Cash and Equivalents compared to the prior fiscal year.
- Kandi Technologies Group, Inc. reported Long-Term Debt of $5.71 million for fiscal year 2024.
- Kandi Technologies Group, Inc. showed a decrease of -32.0% in Long-Term Debt compared to the prior fiscal year.
- Kandi Technologies Group, Inc. reported Stockholders Equity of $344.70 million for fiscal year 2024.
- Kandi Technologies Group, Inc. showed a decrease of -14.7% in Stockholders Equity compared to the prior fiscal year.
- Kandi Technologies Group, Inc. reported R&D Expense of $5.00 million for fiscal year 2024.
- Kandi Technologies Group, Inc. showed an increase of +17.1% in R&D Expense compared to the prior fiscal year.
- Kandi Technologies Group, Inc. reported Operating Income of -$68.78 million for fiscal year 2024.
- Kandi Technologies Group, Inc. showed a decrease of -427.0% in Operating Income compared to the prior fiscal year.
- Kandi Technologies Group, Inc. reported Gross Profit of $39.27 million for fiscal year 2024.
- Kandi Technologies Group, Inc. showed a decrease of -5.1% in Gross Profit compared to the prior fiscal year.
- Kandi Technologies Group, Inc. reported Shares Outstanding of 85.48 million shares for fiscal year 2024.
- Kandi Technologies Group, Inc. showed a decrease of -2.1% in Shares Outstanding compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
Last verified: