TEN Holdings (XHLD) Gross Margin (2024 - 2026)
TEN Holdings' (XHLD) quarterly Gross Margin came in at 85.77% in Q2 2026, up 145.0% on a YoY basis from 35.01% in Q2 2025, and up 34.0% quarter-over-quarter from 64.01% in Q1 2026.
Analysis
TEN Holdings (XHLD) Gross Margin (2024 - 2026) Analysis & Trends
TEN Holdings (XHLD) has reported Gross Margin for 3 consecutive years, with 85.77% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 145.0% year-over-year to 85.77%; the trailing twelve-month figure through Jun 2026 stood at 74.83% (down 890.0% YoY), and the FY2025 full-year result was 78.64%, down 463.0% from the prior year.
- Gross Margin improved to 85.77% in Q2 2026 per XHLD's latest filing, from 64.01% in the prior quarter.
- Across five years, Gross Margin topped out at 94.72% in Q4 2024 and bottomed at 64.01% in Q1 2026.
- Historically, Gross Margin has averaged 80.09% across 3 years, with a median of 79.63% in 2024.
- The sharpest annual moves came in 2025 and 2026: Gross Margin tumbled 1795 bps in 2025, then jumped 145 bps in 2026.
- Over 3 years, Gross Margin stood at 94.72% in 2024, then declined by 19 bps to 76.77% in 2025, then advanced by 12 bps to 85.77% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 85.77%, 64.01%, and 76.77% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 39.65 Bn | 30.58 Bn | 1.94 Bn | 25.34% |
| 2 | Liberty Media | 22.28 Bn | 20.65 Bn | 329.00 Mn | 35.22% |
| 3 | TKO Group Holdings | 14.28 Bn | 12.72 Bn | 990.96 Mn | 64.05% |
| 4 | Liberty Live Holdings | 8.74 Bn | 8.22 Bn | 30.26 Mn | 20.58% |
| 5 | Madison Square Garden Entertainment | 3.63 Bn | 3.33 Bn | 75.84 Mn | 38.63% |
| 6 | Emerald Holding | 997.46 Mn | 876.36 Mn | 99.50 Mn | 64.03% |
| 7 | TEN Holdings | 45.32 Mn | 39.39 Mn | 627,000.00 | 85.77% |
| 8 | Nip | 35.07 Mn | -10,346.86 Bn | - | - |
| 9 | Lingerie Fighting Championships | 146,314.88 | 126,986.88 | -1,246.00 | -4.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 85.77% |
| 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% |