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
DateValue
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%