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| Date | Value |
|---|---|
| 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% |