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i Grid SolutionsTSE:603A +3.29%8 Gross Margin % is 26.47% as of Mar. 2026, which is 19% above its 10-year median of 22.20. GuruFocus rates TSE:603A with a GF Score™ of 8/100. The stock has 1 warning sign investors should review. Among 415 Utilities - Independent Power Producers companies, i Grid Solutions ranks worse than 59.52% on this metric.
The historical rank and industry rank for i Grid Solutions's Gross Margin % or its related term are showing as below:
TSE:603A'
s Gross Margin % Range Over the Past 10 Years
Min: 17.97 Med: 22.2 Max: 26.47
Current: 26.47
During the past 2 years, the highestGross Margin % of i Grid Solutions was 26.47%. The lowest was 17.97%. And the median was 22.20%.
TSE:603A's Gross Margin % is ranked worse than 59.52% of 415
companies
in the Utilities - Independent Power Producers industry
Industry Median: 30.71
vs TSE:603A: 26.47
i Grid Solutions had a gross margin of 26.47% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for i Grid Solutions was 0.00% per year.
i Grid Solutions (TSE:603A) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
i Grid Solutions had a gross margin of 26.47% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
i Grid Solutions Gross Margin % Related Terms
i Grid Solutions Gross Margin % Historical Data
* Premium members only.
The historical data trend for i Grid Solutions's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
i Grid Solutions Gross Margin % Chart
i Grid Solutions Annual Data
Trend
Jun24
Jun25
Gross Margin %
17.97
26.42
i Grid Solutions Quarterly Data
Jun24
Jun25
Mar26
Gross Margin %
0.00
0.00
26.47
TSE:603A vs : Gross Margin % Comparison
For the Utilities - Renewable subindustry, i Grid Solutions's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
i Grid Solutions Gross Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, i Grid Solutions's Gross Margin % distribution charts can be found below:
* The bar in red indicates where i Grid Solutions's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
i Grid Solutions (TSE:603A) has a Gross Margin % of 26.47% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on i Grid Solutions and its competitors. This is 19% above median its historical median of 22.20. Over the past decade, i Grid Solutions' Gross Margin % has ranged from 17.97 to 26.47. According to the industry distribution chart, i Grid Solutions ranks #247 out of 415 companies in the Utilities - Independent Power Producers industry, placing it in the top 59.5%.
Is i Grid Solutions' Gross Margin % too high?
i Grid Solutions' current Gross Margin % of 26.47% is 19% above median its 10-year median of 22.20. Over the past 10 years, this metric has ranged from a low of 17.97 to a high of 26.47. The Utilities - Independent Power Producers industry median Gross Margin % is 30.71. i Grid Solutions' value of 26.47% is 13.8% below this industry median. Based on the distribution chart, i Grid Solutions ranks #247 out of 415 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, i Grid Solutions has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does i Grid Solutions' Gross Margin % compare to ?
According to the Utilities - Independent Power Producers industry distribution chart, i Grid Solutions ranks #247 out of 415 companies for Gross Margin %. This places i Grid Solutions in the lower half of its industry. The industry median Gross Margin % is 30.71. i Grid Solutions' value of 26.47% is 13.8% below this benchmark. Historically, i Grid Solutions' own Gross Margin % has ranged from 17.97 to 26.47 over the past decade. While the company's 10-year median is 22.20 vs. the industry median of 30.71, i Grid Solutions has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 30.71, based on 415 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. i Grid Solutions's current Gross Margin % of 26.47% is 13.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on i Grid Solutions and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 30.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. i Grid Solutions's current Gross Margin % is 26.47%, which is 19% above median its own 10-year median of 22.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is i Grid Solutions stock overvalued right now?
i Grid Solutions (TSE:603A) has a current Gross Margin % of 26.47%. The current Gross Margin % is 26.47%, which is 19% above median its 10-year median of 22.20 and 13.8% below the Utilities - Independent Power Producers industry median of 30.71. i Grid Solutions' overall GF Score™ is 8/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For i Grid Solutions (TSE:603A), the current Gross Margin % is 26.47% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
i Grid Solutions Inc develops and operates platforms for the integrated utilization of distributed energy resources. Its business activities include the development and operation of on-site solar power plants, related support and consulting services, energy storage systems, EV-related solutions, and renewable energy trading services.
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