ReNew Energy Global (RNW) Operating Margin (2020 - 2026)
ReNew Energy Global's (RNW) quarterly Operating Margin came in at 18.68% in Q2 2026, down 110.0% year-over-year from 186.84% in Q2 2025, and up 387.21% quarter-over-quarter from 3.83% in Q1 2026.
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ReNew Energy Global (RNW) Operating Margin (2020 - 2026) Analysis & Trends
ReNew Energy Global (RNW) has reported Operating Margin for 7 consecutive years, with 18.68% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin fell 110.0% year-over-year to 18.68% in Q2 2026; TTM through Jun 2026 was 10.55%, a 299.0% decrease from a year earlier, with the FY2026 full-year figure at 9.28%, changed N/A from the prior year.
- Operating Margin was 18.68% for Q2 2026 at ReNew Energy Global, up from 3.83% in the prior quarter.
- Over five years, Operating Margin peaked at 28.21% in Q3 2024 and troughed at 27.49% in Q4 2022.
- A 5-year average of 4.01% and a median of 7.95% in 2022 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin surged 6906 bps in 2022 and plunged 1302 bps in 2025, its largest moves.
- Over 5 years, Operating Margin stood at 27.49% in 2022, then rose by 26 bps to 20.31% in 2023, then climbed by 23 bps to 15.74% in 2024, then jumped by 89 bps to 1.79% in 2025, then jumped by 1146 bps to 18.68% in 2026.
- The last three Operating Margin figures came in at 18.68% (Q2 2026), 3.83% (Q1 2026), and 1.79% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 47.18 Bn | 45.32 Bn | 3.16 Bn | 13.77% |
| 2 | AXIA Energia | 30.92 Bn | 28.60 Bn | 2.59 Bn | 41.22% |
| 3 | Nrg Energy | 21.60 Bn | 21.44 Bn | 2.01 Bn | 13.05% |
| 4 | Talen Energy | 14.11 Bn | 13.77 Bn | - | -9.64% |
| 5 | Enlight Renewable Energy | 9.72 Bn | 8.77 Bn | 117.49 Mn | 54.78% |
| 6 | Brookfield Renewable Partners | 7.71 Bn | 26.04 Bn | 927.00 Mn | 24.62% |
| 7 | Oklo | 7.49 Bn | 7.49 Bn | - | -6,048.76% |
| 8 | Clearway Energy | 6.63 Bn | 9.92 Bn | 332.00 Mn | 24.12% |
| 9 | Ormat Technologies | 5.98 Bn | 5.46 Bn | 68.70 Mn | 13.22% |
| 10 | ReNew Energy Global | 4.99 Bn | 4.84 Bn | - | 18.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.68% |
| Mar 31, 2026 | 3.83% |
| Dec 31, 2025 | -1.79% |
| Sep 30, 2025 | 15.20% |
| Jun 30, 2025 | 19.78% |
| Mar 31, 2025 | 10.00% |
| Dec 31, 2024 | -15.74% |
| Sep 30, 2024 | 28.21% |
| Jun 30, 2024 | 10.95% |
| Mar 31, 2024 | 11.52% |
| Dec 31, 2023 | -20.31% |
| Sep 30, 2023 | 18.27% |
| Jun 30, 2023 | 21.62% |
| Mar 31, 2023 | -3.52% |
| Dec 31, 2022 | -27.49% |
| Sep 30, 2022 | 2.94% |
| Jun 30, 2022 | 5.89% |
| Mar 31, 2022 | -25.89% |
| Dec 31, 2021 | -34.25% |
| Sep 30, 2021 | -66.12% |
API Access
ReNew Energy Global Operating 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=operating-margin&ticker=RNW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "RNW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=RNW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();