Zeo Energy (ZEO) Gross Margin (2023 - 2026)
Zeo Energy posted quarterly Gross Margin of 77.16% for Q1 2026, up 3169.0% year-on-year from 2.36% in Q1 2025, and up 48.78% on a QoQ basis from 51.86% in Q4 2025.
Zeo Energy (ZEO) has 4 years of Gross Margin data on file, last reported at 77.16% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 3169.0% year-over-year to 77.16%; the trailing twelve-month figure through Mar 2026 stood at 63.16% (up 363.0% YoY), and the FY2025 full-year result was 55.2%, down 1805.0% from the prior year.
- Gross Margin for Q1 2026 stood at 77.16%, up from 51.86% in the prior quarter.
- Across five years, Gross Margin topped out at 81.72% in Q4 2024 and bottomed at 39.89% in Q2 2023.
- The 4-year median for Gross Margin is 54.28% (2023), against an average of 59.18%.
- The widest annual swing landed in 2025, when Gross Margin plunged 2986 bps; it then jumped 3169 bps in 2026.
- A 4-year view of Gross Margin shows it stood at 54.28% in 2023, then surged by 51 bps to 81.72% in 2024, then slumped by 37 bps to 51.86% in 2025, then surged by 49 bps to 77.16% in 2026.
- The last three Gross Margin figures came in at 77.16% (Q1 2026), 51.86% (Q4 2025), and 59.88% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 46.55% |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 33.77% |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 10.22% |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 35.49% |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 21.99% |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 75.28% |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 29.18% |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 28.20% |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 8.32% |
| 10 | Zeo Energy | 30.53 Mn | 45.82 Mn | 10.17 Mn | 77.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 77.16% |
| Dec 31, 2025 | 96.93% |
| Sep 30, 2025 | 59.88% |
| Jun 30, 2025 | 68.90% |
| Mar 31, 2025 | 75.67% |
| Dec 31, 2024 | 81.72% |
| Sep 30, 2024 | 50.21% |
| Jun 30, 2024 | 52.29% |
| Mar 31, 2024 | 67.46% |
| Dec 31, 2023 | -72.38% |
| Sep 30, 2023 | 77.32% |
| Jun 30, 2023 | 39.89% |
| Mar 31, 2023 | 42.93% |