Quantum X Labs QXL
NASDAQ QXL
$4.70 +0.12 (+2.62%)
At close: Sep 30, 2026 · 4:00 PM EDT

Quantum X Labs (QXL) Gross Margin (2018 - 2022)

Updated

Quantum X Labs (QXL) reported Gross Margin of 0.01% for Q2 2022, down 99.99 percentage points from 100.00% a year earlier and unchanged from the prior quarter.

Analysis

Quantum X Labs (QXL) Gross Margin (2018 - 2022) Analysis & Trends

Over the twelve months ended Jun 30, 2022, Quantum X Labs' Gross Margin came in at 0.03%, down 98.05 percentage points year-over-year; for FY2021, it came in at 0.09%, down 94.70 percentage points from FY2020.

  • Gross Margin has a three-year change of -70.15 percentage points (FY2018 to FY2021).
  • By year, Gross Margin came in at 94.79% in FY2020 (-4.25 pp), 99.04% in FY2019 (+28.80 pp) and 70.24% in FY2018.
  • Five-year quarterly Gross Margin spans a low of 0.00% in Q1 2022 and a high of 102.90% in Q4 2019.
  • Year over year, Gross Margin has now declined in each of the last four quarters, with an average year-over-year change of -48.79 percentage points over the last eight quarters.
  • The high point for year-over-year Gross Margin in five years was Q4 2019 (a gain of 19.85 percentage points); the low point was Q1 2022 (a drop of 100.00 percentage points).
  • Per Business Quant data, the three quarters before Q2 2022 came in at 0.00% (Q1 2022), 0.04% (Q4 2021) and 0.09% (Q3 2021).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Alphabet 4,180.92 Bn 3,938.44 Bn 73.85 Bn 61.65%
2 Meta Platforms 1,847.76 Bn 1,550.28 Bn 49.47 Bn 81.37%
3 Netflix 289.73 Bn 249.92 Bn 6.52 Bn 51.93%
4 Alibaba Group Holding 249.81 Bn 67.68 Bn 15.11 Bn 38.11%
5 Shopify 192.08 Bn 169.26 Bn 1.71 Bn 47.67%
6 Uber Technologies 139.76 Bn 111.74 Bn 6.38 Bn 44.93%
7 Booking Holdings 122.41 Bn 55.46 Bn - -
8 PDD Holdings 110.94 Bn -140.99 Bn 9.45 Bn 57.06%
9 Spotify Technology 100.32 Bn 57.56 Bn 1.86 Bn 33.41%
10 Quantum X Labs 67.17 Mn 59.57 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2022 0.01%
Mar 31, 2022 0.00%
Dec 31, 2021 0.04%
Sep 30, 2021 0.09%
Jun 30, 2021 100.00%
Mar 31, 2021 100.00%
Dec 31, 2020 100.00%
Sep 30, 2020 94.12%
Jun 30, 2020 100.00%
Mar 31, 2020 89.19%
Dec 31, 2019 102.90%
Sep 30, 2019 98.41%
Jun 30, 2019 88.10%
Mar 31, 2019 94.12%
Dec 31, 2018 83.05%
Sep 30, 2018 79.55%
API Access

Quantum X Labs 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=QXL&period=max&api_key=YOUR_API_KEY