Quantum X Inc. (QUTX) Gross Margin (2010 - 2024)
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.
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 Comparison
Historic Data
| Date | Value |
|---|---|
| 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% |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "QUTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=QUTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();