Quantum X QUTX
OTC QUTX
$0.00 +0.00 (+0.00%)
As of: Oct 21, 2026 · 12:27 PM EDT

Quantum X Inc. (QUTX) Gross Margin (2010 - 2024)

Updated

Quantum X (QUTX) reported Gross Margin of -24.40% for Q4 2024, down 13.90 percentage points from -10.50% a year earlier and down 38.89 percentage points from the prior quarter.

Analysis

Quantum X Inc. (QUTX) Gross Margin (2010 - 2024) Analysis & Trends

For FY2024, Quantum X posted Gross Margin of 7.30%, down 0.63 percentage points from FY2023.

  • Gross Margin has a four-year change of -5.66 percentage points (FY2020 to FY2024).
  • By year, Gross Margin came in at 7.93% in FY2023 (+1.20 pp), 6.73% in FY2022 (-3.73 pp), 10.46% in FY2021 (-2.51 pp) and 12.97% in FY2020.
  • The Q4 2024 figure ranks as the lowest quarterly Gross Margin in data going back to Q2 2010.
  • Year over year, Gross Margin gained in four of the last eight quarters, with an average year-over-year change of -1.05 percentage points.
  • The high point for year-over-year Gross Margin in five years was Q3 2023 (a gain of 18.11 percentage points); the low point was Q4 2023 (a drop of 23.12 percentage points).
  • Per Business Quant data, the three quarters before Q4 2024 came in at 14.50% (Q3 2024), 19.89% (Q2 2024) and 9.17% (Q1 2024).
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2024 -24.40%
Sep 30, 2024 14.50%
Jun 30, 2024 19.89%
Mar 31, 2024 9.17%
Dec 31, 2023 -10.50%
Sep 30, 2023 26.01%
Jun 30, 2023 6.19%
Mar 31, 2023 8.81%
Dec 31, 2022 12.62%
Sep 30, 2022 7.91%
Jun 30, 2022 -3.29%
Mar 31, 2022 10.31%
Dec 31, 2021 5.90%
Sep 30, 2021 16.49%
Jun 30, 2021 11.33%
Mar 31, 2021 9.81%
Dec 31, 2020 16.97%
Sep 30, 2020 4.27%
Jun 30, 2020 24.47%
Jun 30, 2018 100.00%
API Access

Quantum X Inc. Gross Margin API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=gross-margin&ticker=QUTX&period=max&api_key=YOUR_API_KEY