Logotype for Kandi Technologies Group Inc

Kandi Technologies Group (KNDI) investor relations material

Kandi Technologies Group Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Kandi Technologies Group Inc
Q2 2025 earnings summary19 Aug, 2025

Executive summary

  • Achieved substantial progress on key initiatives despite global macroeconomic uncertainty, focusing on transformation into a holding platform centered on intelligent equipment manufacturing.

  • Enhanced traditional off-road vehicle operations and expanded into embodied intelligence and new energy infrastructure.

  • Demonstrated resilience and capacity for sustained growth amid external and internal challenges.

  • Net revenues for the first half of 2025 were $36.3 million, down 39.3% year-over-year due to lower sales of off-road vehicles and EV products.

  • Management emphasized operational efficiency, inventory management, and expansion into technology sectors for future growth.

Financial highlights

  • Net revenues were $36.3 million, down 39.3% year-over-year from $59.8 million, mainly due to lower off-road vehicle and EV sales.

  • Gross profit was $16.4 million, compared to $19.0 million in the same period last year.

  • Gross margin improved to 45.2%, up from 31.7% year-over-year, driven by product mix and increased sales of previously impaired inventory.

  • Net income was $1.7 million, a 28.7% decrease compared to the same period last year.

  • Cash, cash equivalents, restricted cash, and certificates of deposit totaled $256.77 million as of June 30, 2025, up from $126.3 million at year-end 2024.

Outlook and guidance

  • Confident in dual engine strategy: balancing stable cash flow businesses with growth incubation businesses.

  • Plans to strengthen off-road vehicle sector and expand into intelligent equipment and new energy markets.

  • New products expected to launch by mid-2026 to drive future growth.

  • Management expects to leverage robust cash reserves and technological advantages for long-term value creation.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Kandi Technologies Group earnings date

Logotype for Kandi Technologies Group Inc
Q3 25/2617 Dec, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Kandi Technologies Group earnings date

Logotype for Kandi Technologies Group Inc
Q3 25/2617 Dec, 2025

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Kandi Technologies Group, Inc. designs, manufactures, and sells electric vehicle (EV) products and components, primarily in China and the United States. The company's offerings include electric vehicles, all-terrain vehicles, go-karts, electric scooters, and self-balancing scooters. Kandi also develops battery packs and smart battery exchange systems, catering to both consumer and utility markets. The company operates within the consumer discretionary sector and focuses on advancing EV technologies and off-road vehicle products. The company is headquartered in Jinhua, China, and its shares are listed on the NASDAQ.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage