TEN Holdings (XHLD) Operating Margin (2024 - 2026)
TEN Holdings' (XHLD) quarterly Operating Margin came in at 409.44% in Q2 2026, down 28758.0% on a YoY basis from N/an in Q2 2025, and down 22.85% quarter-over-quarter from 333.29% in Q1 2026.
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TEN Holdings (XHLD) Operating Margin (2024 - 2026) Analysis & Trends
TEN Holdings (XHLD) has reported Operating Margin for 3 consecutive years, with 409.44% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin fell 28758.0% year-over-year to 409.44%; the trailing twelve-month figure through Jun 2026 stood at 463.85% (down 20495.0% YoY), and the FY2025 full-year result was 432.54%, down 35289.0% from the prior year.
- Operating Margin eased to 409.44% in Q2 2026 per XHLD's latest filing, from 333.29% in the prior quarter.
- Across five years, Operating Margin topped out at 36.56% in Q2 2024 and bottomed at 761.76% in Q4 2025.
- Historically, Operating Margin has averaged 330.71% across 3 years, with a median of 333.29% in 2026.
- The sharpest annual moves came in 2025 and 2026: Operating Margin slumped 61561 bps in 2025, then jumped 31109 bps in 2026.
- Over 3 years, Operating Margin stood at 146.14% in 2024, then slumped by 421 bps to 761.76% in 2025, then jumped by 46 bps to 409.44% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 409.44%, 333.29%, and 761.76% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 39.65 Bn | 30.58 Bn | 1.94 Bn | 6.81% |
| 2 | Liberty Media | 22.28 Bn | 20.65 Bn | 329.00 Mn | 9.42% |
| 3 | TKO Group Holdings | 14.28 Bn | 12.72 Bn | 990.96 Mn | 27.78% |
| 4 | Liberty Live Holdings | 8.74 Bn | 8.22 Bn | 30.26 Mn | -0.64% |
| 5 | Madison Square Garden Entertainment | 3.63 Bn | 3.33 Bn | 75.84 Mn | -4.40% |
| 6 | Emerald Holding | 997.46 Mn | 876.36 Mn | 99.50 Mn | 12.55% |
| 7 | TEN Holdings | 45.32 Mn | 39.39 Mn | 627,000.00 | -409.44% |
| 8 | Nip | 35.07 Mn | -10,346.86 Bn | - | - |
| 9 | Lingerie Fighting Championships | 146,314.88 | 126,986.88 | -1,246.00 | -279.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -409.44% |
| Mar 31, 2026 | -333.29% |
| Dec 31, 2025 | -761.76% |
| Sep 30, 2025 | -354.88% |
| Jun 30, 2025 | -121.86% |
| Mar 31, 2025 | -644.38% |
| Dec 31, 2024 | -146.14% |
| Sep 30, 2024 | -168.04% |
| Jun 30, 2024 | -36.56% |