Zeo Energy (ZEO) Gross Margin (2023 - 2026)
Zeo Energy (ZEO) posted Gross Margin of 47.15% for Q2 2026, down 12.61 percentage points from 59.76% a year earlier but up 4.64 percentage points from the prior quarter.
Zeo Energy (ZEO) Gross Margin (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Zeo Energy was 51.10%, down 4.22 percentage points year-over-year; for FY2025, it was 55.20%, up 7.18 percentage points from FY2024.
- In prior years, Zeo Energy's Gross Margin was 48.03% in FY2024 (+2.21 pp) and 45.81% in FY2023.
- Quarterly Gross Margin has run from a low of 30.70% in Q1 2024 to a high of 61.06% in Q4 2024 over five years.
- On a year-over-year basis, Gross Margin has declined in each of the last three quarters, with an average year-over-year change of +0.86 percentage points over the last six quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2025, with a gain of 14.77 percentage points; the weakest was Q2 2026, with a drop of 12.61 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 42.51% (Q1 2026), 51.86% (Q4 2025) and 57.93% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 90.75 Bn | 88.83 Bn | 1.55 Bn | 16.17% |
| 2 | Ferrovial | 36.17 Bn | 14.42 Bn | - | - |
| 3 | Emcor | 31.10 Bn | 27.49 Bn | 1.02 Bn | 19.83% |
| 4 | Jacobs Solutions | 16.68 Bn | 11.35 Bn | 810.70 Mn | 19.89% |
| 5 | Mastec | 14.11 Bn | 12.89 Bn | 556.28 Mn | 12.72% |
| 6 | Sterling Infrastructure | 12.83 Bn | 11.15 Bn | 289.96 Mn | 24.82% |
| 7 | IES Holdings | 9.39 Bn | 8.25 Bn | 340.66 Mn | 27.41% |
| 8 | Stantec | 7.96 Bn | 6.88 Bn | 1.36 Bn | 43.88% |
| 9 | Aecom | 7.61 Bn | 2.73 Bn | -34.04 Mn | -0.95% |
| 10 | Zeo Energy | 9.63 Mn | -4.65 Mn | 7.62 Mn | 47.15% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.15% |
| 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% |
| Jun 30, 2023 | 39.89% |
| Mar 31, 2023 | 42.93% |
Zeo Energy 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=ZEO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ZEO", "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=ZEO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();