Bimergen Energy (BESS-WT) Gross Margin (2010 - 2024)

Bimergen Energy (BESS-WT) posted quarterly Gross Margin of 100.0% for Q1 2024, little changed quarter-over-quarter from 100.0% in Q2 2022.

Bimergen Energy (BESS-WT) Gross Margin (2010 - 2024) Analysis & Trends

Bimergen Energy's Gross Margin history runs 14 years deep, the most recent figure standing at 100.0% for Q1 2024.

In Q1 2024, Gross Margin changed N/A year-over-year to 100.0%; the TTM figure through Sep 2024 stood at 100.0% (changed N/A YoY), while the FY2023 annual figure was 100.0%, changed 0.0% from the prior year.
Gross Margin for Q1 2024 stood at 100.0%, roughly flat from 100.0% in the prior quarter.
The five-year high for Gross Margin was 641.16% in Q1 2021, with the low at 142.96% in Q4 2020.
The 4-year median for Gross Margin is 100.0% (2020), against an average of 131.03%.
The sharpest annual moves came in 2021 and 2022: Gross Margin jumped 54116 bps in 2021, then sank 74116 bps in 2022.
Bimergen Energy's Gross Margin stood at 142.96% in 2020, then soared by 200 bps to 143.05% in 2021, then plunged by 30 bps to 100.0% in 2022, then changed by 0 bps to 100.0% in 2024.
Business Quant data shows BESS-WT's Gross Margin at 100.0% in Q1 2024, 100.0% in Q2 2022, and 100.0% in Q1 2022.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Gross Margin (Qtr)
1	Enlight Renewable Energy	11.86 Bn	10.69 Bn	117.49 Mn	70.78%
2	Ormat Technologies	6.97 Bn	6.31 Bn	68.70 Mn	26.55%
3	Brookfield Renewable Partners	4.63 Bn	2.13 Bn	623.00 Mn	57.90%
4	Clearway Energy	3.79 Bn	3.45 Bn	332.00 Mn	69.02%
5	ReNew Energy Global	2.48 Bn	2.06 Bn	269.00 Mn	79.35%
6	Fluence Energy	1.83 Bn	1.27 Bn	33.24 Mn	5.12%
7	XPLR Infrastructure	1.08 Bn	584.55 Mn	-	-
8	AXIA Energia	672.29 Mn	-1.91 Bn	1.44 Bn	59.62%
9	Energy Vault Holdings	671.14 Mn	602.39 Mn	4.79 Mn	21.88%
10	Bimergen Energy	6.97 Mn	6.97 Mn	-	-

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