Birchtech (BCHT) Gross Margin (2010 - 2026)
Birchtech (BCHT) posted Gross Margin of 32.61% for Q1 2026, up 5.91% sequentially from 30.79% in Q4 2025, and down 571.0% YoY from 6.92% in Q1 2025.
Birchtech (BCHT) Gross Margin (2010 - 2026) Analysis & Trends
Birchtech has reported Gross Margin for 17 years, with the latest figure at 32.61% in Q1 2026.
- Quarterly Gross Margin fell 571.0% year-over-year to 32.61% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 40.49% (down 96.0% YoY) and the FY2025 annual result came in at 41.99%, up 120.0% from the prior year.
- Gross Margin rose to 32.61% in Q1 2026 per BCHT's latest filing, from 30.79% in the prior quarter.
- Over five years, Gross Margin peaked at 59.6% in Q4 2024 and troughed at 18.64% in Q4 2023.
- A 5-year average of 35.15% and a median of 33.11% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin soared 4096 bps in 2024, then plunged 2881 bps in 2025.
- Over 5 years, Gross Margin stood at 33.11% in 2022, then slumped by 44 bps to 18.64% in 2023, then jumped by 220 bps to 59.6% in 2024, then plunged by 48 bps to 30.79% in 2025, then rose by 6 bps to 32.61% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 32.61%, 30.79%, and 54.77% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 24.35 Bn | 22.23 Bn | 902.00 Mn | 61.19% |
| 2 | Zurn Elkay Water Solutions | 8.16 Bn | 7.80 Bn | 288.30 Mn | 58.72% |
| 3 | Federal Signal | 7.42 Bn | 7.35 Bn | 203.80 Mn | 30.41% |
| 4 | Ceco Environmental | 3.17 Bn | 3.11 Bn | 86.47 Mn | 30.34% |
| 5 | PureCycle Technologies | 1.24 Bn | 1.24 Bn | - | - |
| 6 | Aduro Clean Technologies | 521.85 Mn | 493.18 Mn | - | - |
| 7 | Energy Recovery | 398.07 Mn | 305.01 Mn | 8.96 Mn | 74.67% |
| 8 | Arq | 94.31 Mn | 93.40 Mn | 11.51 Mn | 38.52% |
| 9 | Fuel Tech | 43.03 Mn | 23.42 Mn | 2.68 Mn | 41.25% |
| 10 | Birchtech | 26.66 Mn | 14.82 Mn | 1.03 Mn | 27.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.24% |
| Mar 31, 2026 | 32.61% |
| Dec 31, 2025 | 30.79% |
| Sep 30, 2025 | 54.77% |
| Jun 30, 2025 | 29.75% |
| Mar 31, 2025 | 38.32% |
| Dec 31, 2024 | 59.60% |
| Sep 30, 2024 | 30.45% |
| Jun 30, 2024 | 31.55% |
| Mar 31, 2024 | 34.80% |
| Dec 31, 2023 | 18.64% |
| Sep 30, 2023 | 33.72% |
| Jun 30, 2023 | 35.52% |
| Mar 31, 2023 | 37.71% |
| Dec 31, 2022 | 33.11% |
| Sep 30, 2022 | 31.81% |
| Jun 30, 2022 | 34.42% |
| Mar 31, 2022 | 29.91% |
| Dec 31, 2021 | 36.26% |
| Sep 30, 2021 | 35.44% |