Quantum X Labs (QXL) Minority Interest (2021 - 2025)
Quantum X Labs (QXL) recorded Minority Interest of $243,000 in Q3 2025, down 90.4% from $2.52 million a year earlier and down 69.7% from the prior quarter.
Powered by 
Analysis
Quantum X Labs (QXL) Minority Interest (2021 - 2025) Analysis & Trends
At the end of FY2024, Quantum X Labs reported Minority Interest of $1.74 million, down 54.4% from FY2023.
- Annual Minority Interest has a three-year compound annual growth rate of -28.8% (FY2021 to FY2024).
- Across earlier years, Minority Interest came in at $3.81 million in FY2023 (-51.7%), $7.88 million in FY2022 (+64.0%) and $4.81 million in FY2021.
- The Q3 2025 figure is the lowest quarterly Minority Interest in data going back to Q4 2021.
- On a year-over-year basis, Minority Interest has declined for nine consecutive quarters, with an average decline of 56.6% over the last eight quarters.
- Peak year-over-year performance for Minority Interest in the last five years was growth of 64.0% in Q4 2022, against a decline of 90.4% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $803,000 (Q2 2025), $1.56 million (Q1 2025) and $1.74 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,966.09 Bn | 3,723.61 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,641.75 Bn | 1,344.27 Bn | 49.47 Bn |
| 3 | Netflix | 282.07 Bn | 242.26 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 236.77 Bn | 50.54 Bn | 15.11 Bn |
| 5 | Shopify | 217.00 Bn | 194.18 Bn | 1.71 Bn |
| 6 | Uber Technologies | 138.85 Bn | 110.64 Bn | 6.38 Bn |
| 7 | Booking Holdings | 124.62 Bn | 57.67 Bn | - |
| 8 | Spotify Technology | 117.08 Bn | 74.58 Bn | 1.86 Bn |
| 9 | PDD Holdings | 111.19 Bn | -132.59 Bn | 9.45 Bn |
| 10 | Quantum X Labs | 53.60 Mn | 45.99 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 243,000.00 |
| Jun 30, 2025 | 803,000.00 |
| Mar 31, 2025 | 1.56 Mn |
| Dec 31, 2024 | 1.74 Mn |
| Sep 30, 2024 | 2.52 Mn |
| Jun 30, 2024 | 2.63 Mn |
| Mar 31, 2024 | 3.64 Mn |
| Dec 31, 2023 | 3.81 Mn |
| Sep 30, 2023 | 4.94 Mn |
| Jun 30, 2023 | 5.21 Mn |
| Mar 31, 2023 | 5.32 Mn |
| Dec 31, 2022 | 7.88 Mn |
| Sep 30, 2022 | 6.14 Mn |
| Dec 31, 2021 | 4.81 Mn |
API Access
Quantum X Labs Minority Interest 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=minority-interest&ticker=QXL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=QXL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();