TurnOnGreen (TOGI) Gross Margin (2020 - 2026)
TurnOnGreen (TOGI) posted Gross Margin of 46.83% for Q1 2026, down 13.41% sequentially from 54.09% in Q4 2025, and up 98.0% YoY from 23.65% in Q1 2025.
TurnOnGreen (TOGI) Gross Margin (2020 - 2026) Analysis & Trends
TurnOnGreen has reported Gross Margin for 7 years, with the latest figure at 46.83% in Q1 2026.
- Quarterly Gross Margin rose 98.0% year-over-year to 46.83% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 46.15% (up 269.0% YoY) and the FY2025 annual result came in at 45.92%, up 272.0% from the prior year.
- Gross Margin fell to 46.83% in Q1 2026 per TOGI's latest filing, from 54.09% in the prior quarter.
- Over five years, Gross Margin peaked at 54.09% in Q4 2025 and troughed at 7.04% in Q2 2023.
- A 5-year average of 36.45% and a median of 41.01% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin tumbled 4664 bps in 2023, then soared 5300 bps in 2024.
- Over 5 years, Gross Margin stood at 17.89% in 2022, then soared by 118 bps to 38.95% in 2023, then retreated by 29 bps to 27.65% in 2024, then soared by 96 bps to 54.09% in 2025, then fell by 13 bps to 46.83% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 46.83%, 54.09%, and 41.16% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 99.65 Bn | 96.54 Bn | 1.23 Bn | 37.71% |
| 2 | Bloom Energy | 57.00 Bn | 54.33 Bn | 355.57 Mn | 33.38% |
| 3 | Hubbell | 24.88 Bn | 24.49 Bn | 613.00 Mn | 35.81% |
| 4 | nVent Electric | 24.71 Bn | 24.46 Bn | 558.00 Mn | 37.93% |
| 5 | Advanced Energy Industries | 11.05 Bn | 9.63 Bn | 236.10 Mn | 41.13% |
| 6 | Acuity Inc. (De) | 10.33 Bn | 9.92 Bn | 606.40 Mn | 50.62% |
| 7 | Powell Industries | 7.18 Bn | 6.55 Bn | 95.30 Mn | 30.57% |
| 8 | EnerSys | 6.91 Bn | 6.38 Bn | 313.36 Mn | 33.49% |
| 9 | Plug Power | 3.22 Bn | 2.90 Bn | -1.68 Mn | -0.94% |
| 10 | TurnOnGreen | 3.75 Mn | 3.69 Mn | 821,000.00 | 46.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 46.81% |
| 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% |