Titan Environmental Solutions Inc. (TESI) Gross Margin (2017 - 2025)
Titan Environmental Solutions (TESI) recorded Gross Margin of -10.78% in Q1 2025, up 12.71 percentage points from -23.48% a year earlier and up 51.49 percentage points from the prior quarter.
Titan Environmental Solutions Inc. (TESI) Gross Margin (2017 - 2025) Analysis & Trends
On a TTM basis, Titan Environmental Solutions' Gross Margin came in at 0.13% as of Mar 31, 2025, down 1.57 percentage points year-over-year; for FY2024, it was 3.48%, down 1.70 percentage points from FY2023.
- Annual Gross Margin has a five-year change of -33.15 percentage points (FY2019 to FY2024).
- Across earlier years, Gross Margin came in at 5.18% in FY2023 (+5.29 pp), -0.11% in FY2022 (-18.86 pp), 18.75% in FY2021 (-27.13 pp) and 45.88% in FY2020 (+9.25 pp).
- Quarterly Gross Margin has ranged from -2086.97% in Q1 2022 to 45.77% in Q4 2020 over the past five years.
- On a year-over-year basis, Gross Margin rose in five of the last eight quarters, with an average year-over-year change of -4.92 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 2079.50 percentage points in Q1 2023, against a drop of 2128.44 percentage points in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -62.27% (Q4 2024), 11.23% (Q3 2024) and 20.98% (Q2 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | -10.78% |
| Dec 31, 2024 | -62.27% |
| Sep 30, 2024 | 11.23% |
| Jun 30, 2024 | 20.98% |
| Mar 31, 2024 | -23.48% |
| Dec 31, 2023 | -82.04% |
| Sep 30, 2023 | 24.70% |
| Jun 30, 2023 | 15.50% |
| Mar 31, 2023 | -7.48% |
| Dec 31, 2022 | 2.86% |
| Sep 30, 2022 | 2.87% |
| Jun 30, 2022 | 0.27% |
| Mar 31, 2022 | -2,086.97% |
| Dec 31, 2021 | 10.61% |
| Sep 30, 2021 | 17.37% |
| Jun 30, 2021 | 15.88% |
| Mar 31, 2021 | 41.46% |
| Dec 31, 2020 | 45.77% |
| Sep 30, 2020 | 39.85% |
| Jun 30, 2020 | 43.74% |
Titan Environmental Solutions Inc. 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=TESI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TESI", "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=TESI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();