Nuvve Holding (NVVE) Gross Margin (2020 - 2026)
Nuvve Holding (NVVE) reported Gross Margin of 2.59% for Q2 2026, down 58.05 percentage points from 60.64% a year earlier and down 44.15 percentage points from the prior quarter.
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Analysis
Nuvve Holding (NVVE) Gross Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Nuvve Holding's Gross Margin came in at 32.46%, down 4.89 percentage points year-over-year; for FY2025, it was 39.06%, up 5.93 percentage points from FY2024.
- Gross Margin has a five-year change of -48.56 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 33.14% in FY2024 (+16.92 pp), 16.21% in FY2023 (-5.68 pp), 21.90% in FY2022 (-30.33 pp) and 52.22% in FY2021 (-35.40 pp).
- The Q2 2026 figure ranks as the lowest quarterly Gross Margin in data going back to Q2 2020.
- Year over year, Gross Margin gained in five of the last eight quarters, with an average year-over-year change of +3.30 percentage points.
- The high point for year-over-year Gross Margin in five years was Q3 2024 (a gain of 40.66 percentage points); the low point was Q1 2022 (a drop of 74.43 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 46.74% (Q1 2026), 25.02% (Q4 2025) and 52.02% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.94 Bn | 214.01 Bn | 2.36 Bn | 21.25% |
| 2 | Bloom Energy | 77.11 Bn | 68.94 Bn | 355.57 Mn | 33.38% |
| 3 | First Solar | 18.59 Bn | 9.54 Bn | 605.00 Mn | 57.28% |
| 4 | BWX Technologies | 12.31 Bn | 10.61 Bn | 202.31 Mn | 22.44% |
| 5 | Generac Holdings | 12.11 Bn | 10.94 Bn | 521.81 Mn | 44.47% |
| 6 | Nextpower | 12.00 Bn | 7.89 Bn | 335.85 Mn | 35.91% |
| 7 | EnerSys | 6.46 Bn | 4.66 Bn | 313.36 Mn | 33.49% |
| 8 | Enphase Energy | 4.08 Bn | -774.96 Mn | 175.01 Mn | 59.97% |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn | 49.89% |
| 10 | Nuvve Holding | 781,477.50 | -734,033.50 | 31,804.00 | 2.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.59% |
| Mar 31, 2026 | 46.74% |
| Dec 31, 2025 | 25.02% |
| Sep 30, 2025 | 52.02% |
| Jun 30, 2025 | 60.64% |
| Mar 31, 2025 | 39.93% |
| Dec 31, 2024 | 15.78% |
| Sep 30, 2024 | 52.14% |
| Jun 30, 2024 | 24.87% |
| Mar 31, 2024 | 34.67% |
| Dec 31, 2023 | 28.98% |
| Sep 30, 2023 | 11.48% |
| Jun 30, 2023 | 7.97% |
| Mar 31, 2023 | 21.24% |
| Dec 31, 2022 | 35.18% |
| Sep 30, 2022 | 50.06% |
| Jun 30, 2022 | 20.52% |
| Mar 31, 2022 | 9.65% |
| Dec 31, 2021 | 9.83% |
| Sep 30, 2021 | 66.67% |
API Access
Nuvve Holding Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=NVVE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "NVVE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=NVVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();