Quantum X Labs (QXL) Gross Margin (2018 - 2022)
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.
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 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
| Date | Value |
|---|---|
| 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% |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "QXL", "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=QXL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();