TurnOnGreen (TOGI) Gross Margin (2020 - 2026)
TurnOnGreen's (TOGI) quarterly Gross Margin came in at 46.83% in Q1 2026, up 98.0% year-on-year from 23.65% in Q1 2025, and down 13.41% quarter-over-quarter from 54.09% in Q4 2025.
TurnOnGreen (TOGI) Gross Margin (2020 - 2026) Analysis & Trends
TurnOnGreen has disclosed Gross Margin across 7 years of filings, most recently posting 46.83% for Q1 2026.
- Gross Margin for Q1 2026 came in at 46.83%, up 98.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 46.15% (up 269.0% YoY), and the FY2025 annual result was 45.92%, up 272.0% from the prior year.
- Gross Margin came in at 46.83% for Q1 2026 at TurnOnGreen, down from 54.09% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 54.09% in Q4 2025 to a low of 7.04% in Q2 2023.
- The 5-year median for Gross Margin is 41.01% (2022), against an average of 36.45%.
- Across the five-year window, Gross Margin tumbled 4664 bps in 2023 and jumped 5300 bps in 2024, its largest moves.
- TurnOnGreen's Gross Margin stood at 17.89% in 2022, then jumped by 118 bps to 38.95% in 2023, then declined by 29 bps to 27.65% in 2024, then jumped by 96 bps to 54.09% in 2025, then dropped by 13 bps to 46.83% in 2026.
- The last three Gross Margin figures came in at 46.83% (Q1 2026), 54.09% (Q4 2025), and 41.16% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 37.73% |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 30.03% |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 35.88% |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 33.32% |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 39.32% |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 29.65% |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 16.77% |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 49.29% |
| 10 | TurnOnGreen | - | - | 813,000.00 | 46.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 46.83% |
| Dec 31, 2025 | 54.09% |
| Sep 30, 2025 | 41.16% |
| Jun 30, 2025 | 40.25% |
| Mar 31, 2025 | 45.85% |
| Dec 31, 2024 | 27.65% |
| Sep 30, 2024 | 52.33% |
| Jun 30, 2024 | 45.95% |
| Mar 31, 2024 | 45.55% |
| Dec 31, 2023 | 38.95% |
| Sep 30, 2023 | 2.40% |
| Jun 30, 2023 | -7.04% |
| Mar 31, 2023 | 40.98% |
| Dec 31, 2022 | 17.89% |
| Sep 30, 2022 | 49.04% |
| Jun 30, 2022 | 36.72% |
| Mar 31, 2022 | 41.01% |
| Dec 31, 2021 | 1.93% |
| Sep 30, 2021 | 26.30% |
| Dec 31, 2020 | 100.00% |