Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 5.12% is 49% above its 5-year average of 3.43%, near the high end of its 5-year range (-31.38%–17.18%).
As of the fiscal period ended Tuesday, June 30, 2026. 46.25% below its 12-month average of 9.52%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
5.12%
GROSS MARGIN AVG TTM
9.52%
GROSS MARGIN AVG 3Y
10.37%
GROSS MARGIN AVG 5Y
7.04%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-46.25%
CURRENT VS 3Y AVG
-50.69%
CURRENT VS 5Y AVG
-27.31%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
35.78%
median of 44 covered companies
CURRENT VS SECTOR MEDIAN
-85.70%
vs the sector median at left
Market Cap
$2.12B
Gross Margin
45.17%
TTM Avg
37.03%
3Y Avg
35.59%
5Y Avg
36.57%
Market Cap
$2.93B
Gross Margin
36.31%
TTM Avg
61.49%
3Y Avg
44.47%
5Y Avg
42.81%
Market Cap
$1.08B
Gross Margin
17.33%
TTM Avg
34.81%
3Y Avg
41.75%
5Y Avg
45.94%
Market Cap
$5.68B
Gross Margin
38.47%
TTM Avg
38.98%
3Y Avg
35.60%
5Y Avg
36.73%
Market Cap
$8.31B
Gross Margin
15.19%
TTM Avg
39.33%
3Y Avg
51.52%
5Y Avg
56.75%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fluence Energy, Inc. (FLNC) | $2.43B | 5.12% | 9.52% | 10.37% | 7.04% |
| Northwest Natural Holding Company (NWN)vs › | $2.12B | 45.17% | 37.03% | 35.59% | 36.57% |
| NuScale Power Corporation (SMR)vs › | $2.93B | 36.31% | 61.49% | 44.47% | 42.81% |
| Avista Corporation (AVA)vs › | $3.24B | 24.19% | 41.51% | 49.97% | 55.86% |
| XPLR Infrastructure, LP (XIFR)vs › | $1.08B | 17.33% | 34.81% | 41.75% | 45.94% |
| Deep Fission, Inc. (FISN)vs › | $542.40M | 0.00% | 0.00% | 0.00% | 0.00% |
| Black Hills Corporation (BKH)vs › | $5.68B | 38.47% | 38.98% | 35.60% | 36.73% |
| UGI Corporation (UGI)vs › | $7.33B | 46.11% | 50.45% | 41.03% | 46.83% |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | 15.19% | 39.33% | 51.52% | 56.75% |
| Oklo Inc. (OKLO)vs › | $8.42B | 0.00% | 0.00% | 0.00% | 0.00% |
Gross Margin
5.1%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 5.12% |
| 2026-03-31 | 9.11% |
| 2025-12-31 | 4.85% |
| 2025-09-30 | 13.72% |
| 2025-06-30 | 14.79% |
| 2025-03-31 | 9.87% |
| 2024-12-31 | 11.35% |
| 2024-09-30 | 12.82% |
| 2024-06-30 | 17.18% |
| 2024-03-31 | 10.30% |
| 2023-12-31 | 10.00% |
| 2023-09-30 | 11.78% |
| 2023-06-30 | 3.96% |
| 2023-03-31 | 4.41% |
| 2022-12-31 | 3.88% |
| 2022-09-30 | 2.43% |
| 2022-06-30 | -2.17% |
| 2022-03-31 | -4.30% |
| 2021-12-31 | -30.39% |
| 2021-09-30 | -31.38% |
| 2021-06-30 | -5.38% |
| 2021-03-31 | 1.03% |
| 2020-12-31 | 4.13% |
| 2020-09-30 | 5.01% |
