BingEx (FLX) Gross Margin (2023 - 2026)

BingEx (FLX) recorded quarterly Gross Margin of 11.32% in Q1 2026, up 4.97% quarter-over-quarter from 10.78% in Q4 2025, and down 187.0% on a YoY basis from 13.01% in Q1 2025.

BingEx (FLX) Gross Margin (2023 - 2026) Analysis & Trends

BingEx's Gross Margin history runs 4 years deep, the most recent figure standing at 11.32% for Q1 2026.

  • In Q1 2026, Gross Margin fell 187.0% year-over-year to 11.32%; the TTM figure through Mar 2026 stood at 11.3% (up 3.0% YoY), while the FY2025 annual figure was 11.75%, up 77.0% from the prior year.
  • Gross Margin was 11.32% for Q1 2026 at BingEx, up from 10.78% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 13.19% in Q1 2025 to a low of 8.57% in Q4 2023.
  • Historically, Gross Margin has averaged 10.89% across 4 years, with a median of 11.12% in 2025.
  • The sharpest annual moves came in 2024 and 2026: Gross Margin soared 226 bps in 2024, then slumped 187 bps in 2026.
  • A 4-year view of Gross Margin shows it stood at 8.57% in 2023, then gained by 17 bps to 10.0% in 2024, then grew by 8 bps to 10.78% in 2025, then advanced by 5 bps to 11.32% in 2026.
  • The last three Gross Margin figures came in at 11.32% (Q1 2026), 10.78% (Q4 2025), and 11.12% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn 86.96%
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn 85.38%
3 Hunt J B Transport Services 26.94 Bn 26.93 Bn 2.88 Bn 94.27%
4 C. H. Robinson Worldwide 22.05 Bn 21.89 Bn 1.50 Bn 37.30%
5 Expeditors International Of Washington 21.79 Bn 20.48 Bn 2.84 Bn 99.58%
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn 98.74%
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 Mn 14.86%
8 ZTO Express (Cayman) 2.73 Bn -774.03 Mn 469.01 Mn 24.36%
9 Pitney Bowes 2.47 Bn 2.16 Bn 375.39 Mn 78.63%
10 BingEx 461.15 Mn -123.53 Bn 15.34 Mn 11.32%

Historic Data

Download Data
DateValue
Mar 31, 2026 11.32%
Dec 31, 2025 10.78%
Sep 30, 2025 11.12%
Jun 30, 2025 11.97%
Mar 31, 2025 13.19%
Dec 31, 2024 10.00%
Sep 30, 2024 11.29%
Jun 30, 2024 10.79%
Mar 31, 2024 11.77%
Dec 31, 2023 8.57%
Sep 30, 2023 9.03%