Quantum X Gross Margin Growth & History (QUTX)
Quantum X's gross margin was 7.30% for fiscal 2024.
View full Quantum X company overviewQuantum X annual gross margin history
2010
2014
2015
2016
2017
2020
2021
2022
2023
2024
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | 7.30% | −0.63 pp |
| 2023 | 2023-12-31 | 7.93% | +1.20 pp |
| 2022 | 2022-12-31 | 6.73% | −3.73 pp |
| 2021 | 2021-12-31 | 10.46% | −2.51 pp |
| 2020 | 2020-12-31 | 12.97% | — |
| 2017 | 2017-12-31 | 100.00% | +32.12 pp |
| 2016 | 2016-12-31 | 67.88% | −32.12 pp |
| 2015 | 2015-12-31 | 100.00% | 0.00 pp |
| 2014 | 2014-12-31 | 100.00% | — |
| 2010 | 2010-12-31 | 100.00% | — |
Quantum X quarterly gross margin
Q2.10
Q1.12
Q2.12
Q3.12
Q1.14
Q4.14
Q2.15
Q3.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.18
Q2.18
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q4 2024 | 2024-12-31 | −24.40% | −13.90 pp |
| Q3 2024 | 2024-09-30 | 14.50% | −11.51 pp |
| Q2 2024 | 2024-06-30 | 19.89% | +13.70 pp |
| Q1 2024 | 2024-03-31 | 9.17% | +0.36 pp |
| Q4 2023 | 2023-12-31 | −10.50% | −23.12 pp |
| Q3 2023 | 2023-09-30 | 26.01% | +18.11 pp |
| Q2 2023 | 2023-06-30 | 6.19% | +9.48 pp |
| Q1 2023 | 2023-03-31 | 8.81% | −1.50 pp |
| Q4 2022 | 2022-12-31 | 12.62% | +6.73 pp |
| Q3 2022 | 2022-09-30 | 7.91% | −8.58 pp |
| Q2 2022 | 2022-06-30 | −3.29% | −14.63 pp |
| Q1 2022 | 2022-03-31 | 10.31% | +0.50 pp |
| Q4 2021 | 2021-12-31 | 5.89% | — |
| Q3 2021 | 2021-09-30 | 16.49% | +12.21 pp |
| Q2 2021 | 2021-06-30 | 11.33% | −13.14 pp |
| Q1 2021 | 2021-03-31 | 9.81% | — |
| Q3 2020 | 2020-09-30 | 4.27% | — |
| Q2 2020 | 2020-06-30 | 24.47% | — |
| Q2 2018 | 2018-06-30 | 100.00% | — |
| Q1 2018 | 2018-03-31 | 100.00% | — |
| Q4 2016 | 2016-12-31 | 61.40% | — |
| Q3 2016 | 2016-09-30 | 37.34% | −62.66 pp |
| Q2 2016 | 2016-06-30 | 76.22% | −23.78 pp |
| Q1 2016 | 2016-03-31 | 80.28% | — |
| Q3 2015 | 2015-09-30 | 100.00% | — |
| Q2 2015 | 2015-06-30 | 100.00% | — |
| Q4 2014 | 2014-12-31 | −1,151.28% | — |
| Q1 2014 | 2014-03-31 | 100.00% | — |
| Q3 2012 | 2012-09-30 | 75.73% | — |
| Q2 2012 | 2012-06-30 | 98.12% | — |
| Q1 2012 | 2012-03-31 | 74.16% | — |
| Q2 2010 | 2010-06-30 | 100.00% | — |
Quantum X gross margin trends
Between the periods ended 2010-12-31 and 2024-12-31, Quantum X's gross margin decreased from 100.00% to 7.30%, a change of −92.70 percentage points. The latest reported quarter, Q4 2024, shows −24.40%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Quantum X source filings ↗