Upexi (UPXI) Gross Margin (2020 - 2026)

Upexi's (UPXI) quarterly Gross Margin came in at 95.47% in Q1 2026, up 4614.0% year-on-year from 2.03% in Q1 2025, and up 14.55% quarter-over-quarter from 83.35% in Q4 2025.

Upexi (UPXI) Gross Margin (2020 - 2026) Analysis & Trends

Upexi has disclosed Gross Margin across 7 years of filings, most recently posting 95.47% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 95.47%, up 4614.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 87.04% (up 3255.0% YoY), and the FY2025 annual result was 68.74%, up 1941.0% from the prior year.
  • Gross Margin came in at 95.47% for Q1 2026 at Upexi, up from 83.35% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 95.47% in Q1 2026 to a low of 1.48% in Q2 2023.
  • The 5-year median for Gross Margin is 61.2% (2023), against an average of 56.85%.
  • Across the five-year window, Gross Margin sank 26368 bps in 2022 and surged 4843 bps in 2025, its largest moves.
  • Upexi's Gross Margin stood at 37.72% in 2022, then jumped by 62 bps to 61.2% in 2023, then rose by 21 bps to 74.25% in 2024, then rose by 12 bps to 83.35% in 2025, then climbed by 15 bps to 95.47% in 2026.
  • The last three Gross Margin figures came in at 95.47% (Q1 2026), 83.35% (Q4 2025), and 89.65% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Nebius 2,430,078.11 Bn 2,430,078.11 Bn 295.20 Mn 73.98%
2 Alphabet 4,448.32 Bn 4,232.70 Bn 102.29 Bn 93.08%
3 Meta Platforms 1,465.06 Bn 1,383.88 Bn 46.09 Bn 81.85%
4 Spotify Technology 113.19 Bn 102.95 Bn 1.75 Bn 32.98%
5 Reddit 33.56 Bn 30.79 Bn 511.94 Mn 77.17%
6 Pinterest 12.93 Bn 11.63 Bn 768.96 Mn 76.32%
7 Kanzhun 12.77 Bn 10.67 Bn 255.62 Bn 85.23%
8 Match 8.28 Bn 7.26 Bn 653.28 Mn 75.62%
9 Snap 7.91 Bn 5.08 Bn 1.29 Bn 84.37%
10 Upexi 55.39 Mn 51.91 Mn 4.35 Mn 95.47%

Historic Data

Download Data
DateValue
Mar 31, 2026 95.47%
Dec 31, 2025 83.35%
Sep 30, 2025 89.65%
Jun 30, 2025 79.39%
Mar 31, 2025 49.33%
Dec 31, 2024 74.25%
Sep 30, 2024 67.26%
Jun 30, 2024 30.96%
Mar 31, 2024 24.27%
Dec 31, 2023 61.20%
Sep 30, 2023 65.62%
Jun 30, 2023 -1.48%
Mar 31, 2023 34.63%
Dec 31, 2022 37.72%
Sep 30, 2022 51.85%
Jun 30, 2022 47.73%
Mar 31, 2022 75.19%
Dec 31, 2021 301.40%
Sep 30, 2021 67.14%
Jun 30, 2021 49.35%