XMax annual operating margin
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2025
XMax Operating Margin Growth & History (XMAX)
XMax's operating margin was −11.53% for fiscal 2025.
View full XMax company overviewXMax annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −11.53% | +43.83 pp |
| 2024 | 2024-12-31 | −55.37% | +2.52 pp |
| 2023 | 2023-12-31 | −57.89% | +69.40 pp |
| 2022 | 2022-12-31 | −127.29% | −96.54 pp |
| 2021 | 2021-12-31 | −30.75% | +201.01 pp |
| 2020 | 2020-12-31 | −231.76% | −205.39 pp |
| 2019 | 2019-12-31 | −26.37% | −32.31 pp |
| 2018 | 2018-12-31 | 5.95% | −0.44 pp |
| 2017 | 2017-12-31 | 6.39% | +7.22 pp |
| 2016 | 2016-12-31 | −0.83% | −5.97 pp |
| 2015 | 2015-12-31 | 5.15% | −0.17 pp |
| 2014 | 2014-12-31 | 5.32% | −2.42 pp |
| 2013 | 2013-12-31 | 7.74% | −2.30 pp |
| 2012 | 2012-12-31 | 10.04% | −6.04 pp |
| 2011 | 2011-12-31 | 16.08% | −2.20 pp |
| 2010 | 2010-12-31 | 18.28% | — |
XMax quarterly operating margin
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −44.49% | −36.80 pp |
| Q1 2026 | 2026-03-31 | −30.02% | −22.68 pp |
| Q4 2025 | 2025-12-31 | −59.27% | −10.90 pp |
| Q3 2025 | 2025-09-30 | −5.02% | +86.99 pp |
| Q2 2025 | 2025-06-30 | −7.69% | +10.82 pp |
| Q1 2025 | 2025-03-31 | −7.34% | +55.30 pp |
| Q4 2024 | 2024-12-31 | −48.37% | +118.96 pp |
| Q3 2024 | 2024-09-30 | −92.01% | −49.57 pp |
| Q2 2024 | 2024-06-30 | −18.51% | −10.03 pp |
| Q1 2024 | 2024-03-31 | −62.63% | +0.51 pp |
| Q4 2023 | 2023-12-31 | −167.34% | +222.08 pp |
| Q3 2023 | 2023-09-30 | −42.44% | −10.81 pp |
| Q2 2023 | 2023-06-30 | −8.48% | +140.56 pp |
| Q1 2023 | 2023-03-31 | −63.14% | −40.64 pp |
| Q4 2022 | 2022-12-31 | −389.41% | −546.44 pp |
| Q3 2022 | 2022-09-30 | −31.63% | +7.69 pp |
| Q2 2022 | 2022-06-30 | −149.03% | +27.83 pp |
| Q1 2022 | 2022-03-31 | −22.50% | +0.50 pp |
| Q4 2021 | 2021-12-31 | 157.03% | +629.33 pp |
| Q3 2021 | 2021-09-30 | −39.32% | +209.28 pp |
| Q2 2021 | 2021-06-30 | −176.86% | −153.41 pp |
| Q1 2021 | 2021-03-31 | −23.00% | +14.27 pp |
| Q4 2020 | 2020-12-31 | −472.30% | −297.21 pp |
| Q3 2020 | 2020-09-30 | −248.61% | −245.07 pp |
| Q2 2020 | 2020-06-30 | −23.46% | +4.44 pp |
| Q1 2020 | 2020-03-31 | −37.27% | −34.13 pp |
| Q4 2019 | 2019-12-31 | −175.09% | −189.56 pp |
| Q3 2019 | 2019-09-30 | −3.54% | +4.56 pp |
| Q2 2019 | 2019-06-30 | −27.89% | −34.58 pp |
| Q1 2019 | 2019-03-31 | −3.13% | −11.94 pp |
| Q4 2018 | 2018-12-31 | 14.47% | +0.37 pp |
| Q3 2018 | 2018-09-30 | −8.10% | −16.44 pp |
| Q2 2018 | 2018-06-30 | 6.69% | +5.14 pp |
| Q1 2018 | 2018-03-31 | 8.81% | +16.00 pp |
| Q4 2017 | 2017-12-31 | 14.10% | +25.70 pp |
| Q3 2017 | 2017-09-30 | 8.34% | +4.86 pp |
| Q2 2017 | 2017-06-30 | 1.55% | +2.53 pp |
| Q1 2017 | 2017-03-31 | −7.19% | −10.20 pp |
| Q4 2016 | 2016-12-31 | −11.61% | −21.37 pp |
| Q3 2016 | 2016-09-30 | 3.47% | +1.22 pp |
| Q2 2016 | 2016-06-30 | −0.98% | −7.01 pp |
| Q1 2016 | 2016-03-31 | 3.00% | −1.06 pp |
| Q4 2015 | 2015-12-31 | 9.76% | +7.80 pp |
| Q3 2015 | 2015-09-30 | 2.25% | −7.72 pp |
| Q2 2015 | 2015-06-30 | 6.03% | +0.08 pp |
| Q1 2015 | 2015-03-31 | 4.06% | +0.96 pp |
| Q4 2014 | 2014-12-31 | 1.96% | −4.12 pp |
| Q3 2014 | 2014-09-30 | 9.97% | +2.33 pp |
| Q2 2014 | 2014-06-30 | 5.95% | −2.11 pp |
| Q1 2014 | 2014-03-31 | 3.10% | −6.76 pp |
| Q4 2013 | 2013-12-31 | 6.08% | −3.43 pp |
| Q3 2013 | 2013-09-30 | 7.65% | −1.57 pp |
| Q2 2013 | 2013-06-30 | 8.06% | −3.34 pp |
| Q1 2013 | 2013-03-31 | 9.86% | −0.55 pp |
| Q4 2012 | 2012-12-31 | 9.51% | −7.52 pp |
| Q3 2012 | 2012-09-30 | 9.22% | −8.66 pp |
| Q2 2012 | 2012-06-30 | 11.40% | +2.90 pp |
| Q1 2012 | 2012-03-31 | 10.41% | −11.64 pp |
| Q4 2011 | 2011-12-31 | 17.03% | +1.80 pp |
| Q3 2011 | 2011-09-30 | 17.88% | −0.98 pp |
| Q2 2011 | 2011-06-30 | 8.51% | — |
| Q1 2011 | 2011-03-31 | 22.05% | — |
| Q3 2010 | 2010-09-30 | 15.23% | — |
| Q2 2010 | 2010-06-30 | 18.86% | — |
XMax operating margin trends
Over the last five reported fiscal years, XMax's operating margin increased from −231.76% to −11.53%, a change of +220.22 percentage points. The latest reported quarter, Q2 2026, shows −44.49%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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 ↗