XMax annual gross margin
2010
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2025
XMax Gross Margin Growth & History (XMAX)
XMax's gross margin was 25.02% for fiscal 2025.
View full XMax company overviewXMax annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 25.02% | −18.85 pp |
| 2024 | 2024-12-31 | 43.87% | +6.23 pp |
| 2023 | 2023-12-31 | 37.64% | +98.70 pp |
| 2022 | 2022-12-31 | −61.06% | −105.03 pp |
| 2021 | 2021-12-31 | 43.98% | +219.24 pp |
| 2020 | 2020-12-31 | −175.26% | −181.14 pp |
| 2019 | 2019-12-31 | 5.88% | −13.04 pp |
| 2018 | 2018-12-31 | 18.92% | −0.25 pp |
| 2017 | 2017-12-31 | 19.18% | +4.58 pp |
| 2016 | 2016-12-31 | 14.60% | −2.39 pp |
| 2015 | 2015-12-31 | 16.99% | −2.66 pp |
| 2014 | 2014-12-31 | 19.65% | +0.03 pp |
| 2013 | 2013-12-31 | 19.61% | −2.60 pp |
| 2012 | 2012-12-31 | 22.21% | −5.85 pp |
| 2011 | 2011-12-31 | 28.06% | +1.77 pp |
| 2010 | 2010-12-31 | 26.29% | — |
XMax quarterly gross margin
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 39.84% | −10.39 pp |
| Q1 2026 | 2026-03-31 | 49.53% | +3.84 pp |
| Q4 2025 | 2025-12-31 | 40.26% | −2.56 pp |
| Q3 2025 | 2025-09-30 | 10.08% | −35.00 pp |
| Q2 2025 | 2025-06-30 | 50.23% | +5.79 pp |
| Q1 2025 | 2025-03-31 | 45.69% | +2.93 pp |
| Q4 2024 | 2024-12-31 | 42.82% | −1.16 pp |
| Q3 2024 | 2024-09-30 | 45.08% | +2.09 pp |
| Q2 2024 | 2024-06-30 | 44.45% | +12.01 pp |
| Q1 2024 | 2024-03-31 | 42.76% | +7.48 pp |
| Q4 2023 | 2023-12-31 | 43.98% | +350.66 pp |
| Q3 2023 | 2023-09-30 | 42.99% | +5.27 pp |
| Q2 2023 | 2023-06-30 | 32.43% | +125.49 pp |
| Q1 2023 | 2023-03-31 | 35.28% | −6.41 pp |
| Q4 2022 | 2022-12-31 | −306.68% | −551.38 pp |
| Q3 2022 | 2022-09-30 | 37.72% | −10.26 pp |
| Q2 2022 | 2022-06-30 | −93.05% | +19.82 pp |
| Q1 2022 | 2022-03-31 | 41.69% | +0.26 pp |
| Q4 2021 | 2021-12-31 | 244.70% | +667.54 pp |
| Q3 2021 | 2021-09-30 | 47.99% | +246.74 pp |
| Q2 2021 | 2021-06-30 | −112.88% | −150.87 pp |
| Q1 2021 | 2021-03-31 | 41.43% | +6.07 pp |
| Q4 2020 | 2020-12-31 | −422.84% | −308.74 pp |
| Q3 2020 | 2020-09-30 | −198.76% | −219.10 pp |
| Q2 2020 | 2020-06-30 | 37.99% | +11.12 pp |
| Q1 2020 | 2020-03-31 | 35.36% | +14.79 pp |
| Q4 2019 | 2019-12-31 | −114.10% | −130.94 pp |
| Q3 2019 | 2019-09-30 | 20.34% | +1.12 pp |
| Q2 2019 | 2019-06-30 | 26.87% | +9.43 pp |
| Q1 2019 | 2019-03-31 | 20.57% | −1.41 pp |
| Q4 2018 | 2018-12-31 | 16.84% | −6.56 pp |
| Q3 2018 | 2018-09-30 | 19.22% | +1.46 pp |
| Q2 2018 | 2018-06-30 | 17.44% | −0.33 pp |
| Q1 2018 | 2018-03-31 | 21.98% | +7.01 pp |
| Q4 2017 | 2017-12-31 | 23.40% | +9.00 pp |
| Q3 2017 | 2017-09-30 | 17.75% | +2.68 pp |
| Q2 2017 | 2017-06-30 | 17.77% | +5.37 pp |
| Q1 2017 | 2017-03-31 | 14.96% | −1.08 pp |
| Q4 2016 | 2016-12-31 | 14.40% | −2.74 pp |
| Q3 2016 | 2016-09-30 | 15.07% | +0.50 pp |
| Q2 2016 | 2016-06-30 | 12.41% | −5.37 pp |
| Q1 2016 | 2016-03-31 | 16.04% | −2.44 pp |
| Q4 2015 | 2015-12-31 | 17.14% | −1.05 pp |
| Q3 2015 | 2015-09-30 | 14.57% | −8.19 pp |
| Q2 2015 | 2015-06-30 | 17.77% | −1.40 pp |
| Q1 2015 | 2015-03-31 | 18.48% | +0.29 pp |
| Q4 2014 | 2014-12-31 | 18.19% | +0.52 pp |
| Q3 2014 | 2014-09-30 | 22.75% | +3.04 pp |
| Q2 2014 | 2014-06-30 | 19.17% | −0.93 pp |
| Q1 2014 | 2014-03-31 | 18.19% | −3.46 pp |
| Q4 2013 | 2013-12-31 | 17.67% | −2.70 pp |
| Q3 2013 | 2013-09-30 | 19.72% | −0.25 pp |
| Q2 2013 | 2013-06-30 | 20.11% | −3.53 pp |
| Q1 2013 | 2013-03-31 | 21.65% | −5.72 pp |
| Q4 2012 | 2012-12-31 | 20.38% | −7.01 pp |
| Q3 2012 | 2012-09-30 | 19.97% | −8.57 pp |
| Q2 2012 | 2012-06-30 | 23.63% | −2.86 pp |
| Q1 2012 | 2012-03-31 | 27.37% | −4.40 pp |
| Q4 2011 | 2011-12-31 | 27.39% | +4.59 pp |
| Q3 2011 | 2011-09-30 | 28.54% | +2.98 pp |
| Q2 2011 | 2011-06-30 | 26.49% | — |
| Q1 2011 | 2011-03-31 | 31.76% | — |
| Q3 2010 | 2010-09-30 | 22.80% | — |
| Q2 2010 | 2010-06-30 | 25.56% | — |
XMax gross margin trends
Over the last five reported fiscal years, XMax's gross margin increased from −175.26% to 25.02%, a change of +200.28 percentage points. The latest reported quarter, Q2 2026, shows 39.84%.
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 XMax filings at SEC.gov ↗