Quantum X Labs (QXL) Gross Margin (2018 - 2022)
Quantum X Labs' (QXL) quarterly Gross Margin came in at 0.01% in Q2 2022, down 9999.0% year-on-year from N/an in Q2 2021, and up 78.46% on a QoQ basis from 0.0% in Q1 2022.
Quantum X Labs (QXL) Gross Margin (2018 - 2022) Analysis & Trends
Quantum X Labs (QXL) has 5 years of Gross Margin data on file, last reported at 0.01% in Q2 2022.
- On a quarterly basis, Gross Margin fell 9999.0% year-over-year to 0.01% in Q2 2022; TTM through Jun 2022 was 0.03%, a 9805.0% decrease from a year earlier, with the FY2021 full-year figure at 0.09%, down 9470.0% from the prior year.
- Gross Margin for Q2 2022 stood at 0.01%, up from 0.0% in the prior quarter.
- Over the last five years, Gross Margin for QXL reached as high as 102.9% in Q4 2019 and fell as low as 0.0% in Q1 2022.
- Historically, Gross Margin has averaged 70.6% across 5 years, with a median of 91.65% in 2019.
- Across the five-year window, Gross Margin surged 1985 bps in 2019 and sank 10000 bps in 2022, its largest moves.
- Year by year, Gross Margin stood at 83.05% in 2018, then advanced by 24 bps to 102.9% in 2019, then dropped by 3 bps to 100.0% in 2020, then slumped by 100 bps to 0.04% in 2021, then plunged by 79 bps to 0.01% in 2022.
- Per Business Quant data, the three most recent Gross Margin figures were 0.01% in Q2 2022, 0.0% in Q1 2022, and 0.04% in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 57.73% |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 32.77% |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | 33.61% |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 31.48% |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | - |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 33.63% |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 32.79% |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 28.54% |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 32.09% |
| 10 | Quantum X Labs | 45.34 Mn | 44.72 Mn | - | - |
Historic Data
Download 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% |