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| Date | Value |
|---|---|
| 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% |