Zoomcar Holdings (ZCAR) Gross Margin (2022 - 2026)
Zoomcar Holdings' Gross Margin came in at 65.48% for fiscal Q1 2027 (quarter ended Jun 30, 2026), up 22.28 percentage points from 43.20% a year earlier and up 3.72 percentage points from the prior quarter.
Zoomcar Holdings (ZCAR) Gross Margin (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Zoomcar Holdings reported Gross Margin of 57.29%, up 12.84 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it came in at 51.63%, up 9.80 percentage points from FY2025.
- Gross Margin has increased in each of the last three fiscal years, with a four-year change of +211.84 percentage points (FY2022 to FY2026).
- Going back by fiscal year, Gross Margin was 41.83% in FY2025 (+46.22 pp), -4.39% in FY2024 (+129.86 pp), -134.25% in FY2023 and -160.22% in FY2022.
- The fiscal Q1 2027 figure represents the highest quarterly Gross Margin in data going back to fiscal Q1 2024.
- Year-over-year, Gross Margin has increased for nine consecutive quarters, with an average year-over-year change of +21.49 percentage points over the last eight quarters.
- The year-over-year gain in Gross Margin has ranged between 1.65 percentage points (fiscal Q2 2026) and 70.62 percentage points (fiscal Q1 2025) over the last five years.
- Business Quant data shows ZCAR's Gross Margin at 61.76% (Q4 2026), 54.33% (Q3 2026) and 47.65% (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,071.44 Bn | 3,828.96 Bn | 73.85 Bn | 61.65% |
| 2 | Meta Platforms | 1,777.07 Bn | 1,479.59 Bn | 49.47 Bn | 81.37% |
| 3 | Netflix | 272.74 Bn | 232.94 Bn | 6.52 Bn | 51.93% |
| 4 | Alibaba Group Holding | 242.17 Bn | 55.95 Bn | 15.11 Bn | 38.11% |
| 5 | Shopify | 225.98 Bn | 203.16 Bn | 1.71 Bn | 47.67% |
| 6 | Uber Technologies | 137.80 Bn | 109.60 Bn | 6.38 Bn | 44.93% |
| 7 | Booking Holdings | 121.57 Bn | 54.62 Bn | - | - |
| 8 | PDD Holdings | 110.14 Bn | -133.64 Bn | 9.45 Bn | 57.06% |
| 9 | Spotify Technology | 107.49 Bn | 64.99 Bn | 1.86 Bn | 33.41% |
| 10 | Zoomcar Holdings | 393,339.08 | -718,219.92 | 1.54 Mn | 65.48% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.48% |
| Mar 31, 2026 | 61.76% |
| Dec 31, 2025 | 54.33% |
| Sep 30, 2025 | 47.65% |
| Jun 30, 2025 | 43.20% |
| Mar 31, 2025 | 50.58% |
| Dec 31, 2024 | 38.79% |
| Sep 30, 2024 | 46.00% |
| Jun 30, 2024 | 32.52% |
| Mar 31, 2024 | 13.31% |
| Dec 31, 2023 | 13.56% |
| Sep 30, 2023 | -2.11% |
| Jun 30, 2023 | -38.11% |
| Dec 31, 2022 | -11.30% |
Zoomcar Holdings 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=ZCAR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ZCAR", "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=ZCAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();