Zeo Energy (ZEO) Gross Margin (2023 - 2026)

Zeo Energy (ZEO) posted Gross Margin of 42.51% for Q1 2026, down 18.03% on a QoQ basis from 51.86% in Q4 2025, and down 296.0% year-over-year from 21.69% in Q1 2025.

Zeo Energy (ZEO) Gross Margin (2023 - 2026) Analysis & Trends

Zeo Energy's Gross Margin history runs 4 years deep, the most recent figure standing at 42.51% for Q1 2026.

  • Quarterly Gross Margin fell 296.0% year-over-year to 42.51% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 54.09% (up 79.0% YoY) and the FY2025 annual result came in at 55.2%, up 718.0% from the prior year.
  • Gross Margin was 42.51% for Q1 2026 at Zeo Energy, down from 51.86% in the prior quarter.
  • Across five years, Gross Margin topped out at 99.77% in Q3 2023 and bottomed at 157.29% in Q4 2023.
  • A 4-year average of 36.7% and a median of 50.21% in 2024 frame the typical range for Gross Margin.
  • Peak annual rise in Gross Margin reached 21835 bps in 2024, while the deepest fall reached 4956 bps in 2024.
  • Zeo Energy's Gross Margin stood at 157.29% in 2023, then jumped by 139 bps to 61.06% in 2024, then declined by 15 bps to 51.86% in 2025, then slipped by 18 bps to 42.51% in 2026.
  • Business Quant data shows ZEO's Gross Margin at 42.51% in Q1 2026, 51.86% in Q4 2025, and 57.93% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 46.55%
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 33.77%
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 35.49%
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 8.32%
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 21.99%
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 56.42%
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 29.18%
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 10.22%
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 28.20%
10 Zeo Energy 19.43 Mn 17.27 Mn 5.60 Mn 42.51%

Historic Data

Download Data
DateValue
Mar 31, 2026 42.51%
Dec 31, 2025 51.86%
Sep 30, 2025 57.93%
Jun 30, 2025 59.76%
Mar 31, 2025 45.47%
Dec 31, 2024 61.06%
Sep 30, 2024 50.21%
Jun 30, 2024 52.29%
Mar 31, 2024 30.70%
Dec 31, 2023 -157.29%
Sep 30, 2023 99.77%
Jun 30, 2023 39.89%
Mar 31, 2023 42.93%