TurnOnGreen (TOGI) Gross Margin (2020 - 2026)
TurnOnGreen (TOGI) reported Gross Margin of 46.83% for Q1 2026, up 98.0% on a YoY basis from 23.65% in Q1 2025, and down 13.41% sequentially from 54.09% in Q4 2025.
TurnOnGreen (TOGI) Gross Margin (2020 - 2026) Analysis & Trends
TurnOnGreen (TOGI) has 7 years of Gross Margin data on file, last reported at 46.83% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 98.0% year-over-year to 46.83%; the trailing twelve-month figure through Mar 2026 stood at 46.15% (up 269.0% YoY), and the FY2025 full-year result was 45.92%, up 272.0% from the prior year.
- Gross Margin fell to 46.83% in Q1 2026, 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.
- A 5-year average of 36.45% and a median of 41.01% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 4664 bps in 2023 and jumped 5300 bps in 2024, its largest moves.
- Tracing TOGI's Gross Margin over 5 years: stood at 17.89% in 2022, then soared by 118 bps to 38.95% in 2023, then dropped by 29 bps to 27.65% in 2024, then soared by 96 bps to 54.09% in 2025, then slipped by 13 bps to 46.83% in 2026.
- Business Quant data shows TOGI's Gross Margin at 46.83% in Q1 2026, 54.09% in Q4 2025, and 41.16% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 33.45% |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 37.73% |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 30.03% |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 33.32% |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 35.88% |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 39.32% |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 50.62% |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 29.65% |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 29.44% |
| 10 | TurnOnGreen | 3.68 Mn | 3.55 Mn | 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% |