Marchex (MCHX) Gross Margin (2010 - 2025)
Marchex (MCHX) reported Gross Margin of 70.58% for Q4 2025, up 734.0% year-over-year from 8.46% in Q4 2024, and down 5.59% quarter-over-quarter from 74.76% in Q3 2025.
Marchex (MCHX) Gross Margin (2010 - 2025) Analysis & Trends
Marchex (MCHX) has 16 years of Gross Margin data on file, last reported at 70.58% in Q4 2025.
- Gross Margin for Q4 2025 came in at 70.58%, up 734.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 72.41% (up 472.0% YoY), and the FY2025 annual result was 72.42%, up 810.0% from the prior year.
- Gross Margin declined to 70.58% in Q4 2025 per MCHX's latest filing, from 74.76% in the prior quarter.
- Over five years, Gross Margin peaked at 122.2% in Q4 2021 and troughed at 5.91% in Q4 2023.
- A 5-year average of 66.2% and a median of 70.97% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2021 and 2022: Gross Margin soared 6522 bps in 2021, then slumped 10592 bps in 2022.
- A 5-year view of Gross Margin shows it stood at 122.2% in 2021, then slumped by 87 bps to 16.29% in 2022, then tumbled by 64 bps to 5.91% in 2023, then surged by 971 bps to 63.24% in 2024, then rose by 12 bps to 70.58% in 2025.
- Business Quant data shows MCHX's Gross Margin at 70.58% in Q4 2025, 74.76% in Q3 2025, and 72.84% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 175.91 Bn | 173.15 Bn | 1.78 Bn | 96.70% |
| 2 | Omnicom | 22.52 Bn | 18.86 Bn | 1.04 Bn | 16.62% |
| 3 | Trade Desk | 9.46 Bn | 8.05 Bn | 506.89 Mn | 73.58% |
| 4 | Wpp | 2.71 Bn | -875.81 Mn | - | - |
| 5 | Nexxen International | 2.36 Bn | 2.23 Bn | 70.41 Mn | 81.08% |
| 6 | Magnite | 2.27 Bn | 2.09 Bn | 118.28 Mn | 71.96% |
| 7 | Ziff Davis | 1.74 Bn | 1.22 Bn | 152.41 Mn | 56.94% |
| 8 | DoubleVerify Holdings | 1.69 Bn | 1.51 Bn | 135.23 Mn | 74.79% |
| 9 | Stagwell | 1.60 Bn | 1.51 Bn | 244.61 Mn | 34.74% |
| 10 | Marchex | 7.08 Mn | -2.86 Mn | 7.66 Mn | 70.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 70.58% |
| Sep 30, 2025 | 74.76% |
| Jun 30, 2025 | 72.84% |
| Mar 31, 2025 | 71.35% |
| Dec 31, 2024 | 63.24% |
| Sep 30, 2024 | 66.35% |
| Jun 30, 2024 | 65.61% |
| Mar 31, 2024 | 75.92% |
| Dec 31, 2023 | 5.91% |
| Sep 30, 2023 | 81.85% |
| Jun 30, 2023 | 78.99% |
| Mar 31, 2023 | 55.60% |
| Dec 31, 2022 | 16.29% |
| Sep 30, 2022 | 74.33% |
| Jun 30, 2022 | 73.21% |
| Mar 31, 2022 | 75.97% |
| Dec 31, 2021 | 122.20% |
| Sep 30, 2021 | 59.80% |
| Jun 30, 2021 | 61.02% |
| Mar 31, 2021 | 58.23% |