ReNew Energy Global (RNWWW) Gross Margin (2020 - 2026)

ReNew Energy Global (RNWWW) reported Gross Margin of 81.35% for Q1 2026, up 694.0% year-over-year from 10.25% in Q1 2025, and up 7.08% quarter-over-quarter from 75.97% in Q4 2025.

ReNew Energy Global (RNWWW) Gross Margin (2020 - 2026) Analysis & Trends

ReNew Energy Global (RNWWW) has 7 years of Gross Margin data on file, last reported at 81.35% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 81.35%, up 694.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 81.87% (down 722.0% YoY), and the FY2026 annual result was 82.9%, up 459.0% from the prior year.
  • Gross Margin grew to 81.35% in Q1 2026 per RNWWW's latest filing, from 75.97% in the prior quarter.
  • Over five years, Gross Margin peaked at 102.02% in Q3 2022 and troughed at 70.4% in Q1 2023.
  • A 5-year average of 89.75% and a median of 93.86% in 2024 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin soared 160158993 bps in 2022, then plunged 2858 bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 99.95% in 2022, then fell by 6 bps to 93.71% in 2023, then declined by 8 bps to 86.11% in 2024, then declined by 12 bps to 75.97% in 2025, then climbed by 7 bps to 81.35% in 2026.
  • Business Quant data shows RNWWW's Gross Margin at 81.35% in Q1 2026, 75.97% in Q4 2025, and 89.45% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 AXIA Energia 186.46 Bn 183.75 Bn 1.44 Bn 59.62%
2 Enlight Renewable Energy 11.26 Bn 10.73 Bn 85.64 Mn 68.96%
3 Ormat Technologies 8.50 Bn 8.35 Bn 78.83 Mn 28.56%
4 Fluence Energy 3.04 Bn 2.71 Bn 46.63 Mn 10.03%
5 Clearway Energy 1.39 Bn 4.74 Bn 220.00 Mn 62.15%
6 XPLR Infrastructure 1.09 Bn 8.62 Bn 141.00 Mn 51.27%
7 Energy Vault Holdings 940.11 Mn 894.68 Mn 4.79 Mn 21.88%
8 Ellomay Capital 694.29 Mn 616.52 Mn 1,508.00 0.01%
9 ReNew Energy Global 317.68 Mn 100.91 Mn 275.78 Mn 81.35%
10 ReNew Energy Global - - 275.78 Mn 81.35%

Historic Data

Download Data
DateValue
Mar 31, 2026 81.35%
Dec 31, 2025 75.97%
Sep 30, 2025 89.45%
Jun 30, 2025 79.08%
Mar 31, 2025 74.41%
Dec 31, 2024 86.11%
Sep 30, 2024 98.43%
Jun 30, 2024 98.76%
Mar 31, 2024 94.01%
Dec 31, 2023 93.71%
Sep 30, 2023 96.11%
Jun 30, 2023 97.21%
Mar 31, 2023 70.40%
Dec 31, 2022 99.95%
Sep 30, 2022 102.02%
Mar 31, 2022 98.98%
Dec 31, 2021 -1,601,489.99%
Sep 30, 2021 99.95%
Jun 30, 2021 98.82%
Mar 31, 2021 97.94%