TEN Holdings (XHLD) Gross Margin (2024 - 2026)

TEN Holdings (XHLD) reported Gross Margin of 64.01% for Q1 2026, down 1082.0% on a YoY basis from 6.52% in Q1 2025, and down 16.62% quarter-over-quarter from 76.77% in Q4 2025.

TEN Holdings (XHLD) Gross Margin (2024 - 2026) Analysis & Trends

TEN Holdings has reported Gross Margin for 3 years, with the latest figure at 64.01% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 1082.0% year-over-year to 64.01%; the trailing twelve-month figure through Mar 2026 stood at 75.64% (down 872.0% YoY), and the FY2025 full-year result was 78.64%, down 463.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 64.01%, down from 76.77% in the prior quarter.
  • The five-year high for Gross Margin was 94.72% in Q4 2024, with the low at 64.01% in Q1 2026.
  • Historically, Gross Margin has averaged 79.39% across 3 years, with a median of 78.2% in 2024.
  • The largest YoY upside for Gross Margin was 190 bps in 2025 against a maximum downside of 1795 bps in 2025.
  • TEN Holdings' Gross Margin stood at 94.72% in 2024, then slipped by 19 bps to 76.77% in 2025, then fell by 17 bps to 64.01% in 2026.
  • The last three Gross Margin figures came in at 64.01% (Q1 2026), 76.77% (Q4 2025), and 74.59% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Nexstar Media 5.44 Bn 5.04 Bn -505.00 Mn -476.42%
2 FuboTV 3.41 Bn 5.34 Bn 348.72 Mn 92.93%
3 Newsmax 996.58 Mn 956.14 Mn 21.36 Mn 463.73%
4 iHeartMedia 598.23 Mn 466.54 Mn 509.13 Mn 57.58%
5 Gray Media 394.79 Mn 135.79 Mn 213.00 Mn 27.73%
6 E.W. Scripps 304.31 Mn 220.58 Mn 206.07 Mn 39.87%
7 CuriosityStream 163.77 Mn 154.55 Mn 11.62 Mn 60.51%
8 Mediaco Holding 58.80 Mn 58.80 Mn -3.44 Mn -10.95%
9 Saga Communications 54.09 Mn 23.65 Mn 17.72 Mn 77.48%
10 TEN Holdings 4.85 Mn 4.77 Mn 546,000.00 64.01%

Historic Data

Download Data
DateValue
Mar 31, 2026 64.01%
Dec 31, 2025 76.77%
Sep 30, 2025 74.59%
Jun 30, 2025 84.32%
Mar 31, 2025 74.83%
Dec 31, 2024 94.72%
Sep 30, 2024 79.63%
Jun 30, 2024 86.22%