Zeo Energy (ZEO) Operating Margin (2023 - 2026)
Zeo Energy (ZEO) posted Operating Margin of 36.14% for Q1 2026, down 206.88% on a QoQ basis from 11.78% in Q4 2025, and up 11768.0% year-over-year from N/an in Q1 2025.
Zeo Energy (ZEO) Operating Margin (2023 - 2026) Analysis & Trends
Zeo Energy's Operating Margin history runs 4 years deep, the most recent figure standing at 36.14% for Q1 2026.
- Quarterly Operating Margin rose 11768.0% year-over-year to 36.14% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.98% (up 1677.0% YoY) and the FY2025 annual result came in at 29.61%, down 1485.0% from the prior year.
- Operating Margin was 36.14% for Q1 2026 at Zeo Energy, down from 11.78% in the prior quarter.
- Across five years, Operating Margin topped out at 10.56% in Q3 2023 and bottomed at 153.82% in Q1 2025.
- A 4-year average of 20.68% and a median of 11.78% in 2025 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2025 — Operating Margin tumbled 13372 bps — and 2026, when it soared 11768 bps.
- Zeo Energy's Operating Margin stood at 5.91% in 2023, then decreased by 1 bps to 5.96% in 2024, then plunged by 98 bps to 11.78% in 2025, then tumbled by 207 bps to 36.14% in 2026.
- Business Quant data shows ZEO's Operating Margin at 36.14% in Q1 2026, 11.78% in Q4 2025, and 8.29% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 33.07% |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 17.44% |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -10.48% |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -4.80% |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -17.73% |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -6.02% |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 5.49% |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -5.26% |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 3.18% |
| 10 | Zeo Energy | 19.43 Mn | 17.27 Mn | 5.60 Mn | -36.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -36.14% |
| Dec 31, 2025 | -11.78% |
| Sep 30, 2025 | -8.29% |
| Jun 30, 2025 | -15.76% |
| Mar 31, 2025 | -153.82% |
| Dec 31, 2024 | -5.96% |
| Sep 30, 2024 | -15.17% |
| Jun 30, 2024 | -18.00% |
| Mar 31, 2024 | -20.10% |
| Dec 31, 2023 | -5.91% |
| Sep 30, 2023 | 10.56% |
| Jun 30, 2023 | 2.89% |
| Mar 31, 2023 | 8.69% |