Expro Group Holdings (XPRO) Gross Margin (2012 - 2026)
Expro Group Holdings' (XPRO) quarterly Gross Margin came in at 19.03% in Q1 2026, down 281.0% year-on-year from 10.52% in Q1 2025, and down 23.9% quarter-over-quarter from 25.01% in Q4 2025.
Expro Group Holdings (XPRO) Gross Margin (2012 - 2026) Analysis & Trends
Expro Group Holdings has disclosed Gross Margin across 15 years of filings, most recently posting 19.03% for Q1 2026.
- Gross Margin for Q1 2026 came in at 19.03%, down 281.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.27% (up 61.0% YoY), and the FY2025 annual result was 23.89%, up 174.0% from the prior year.
- Gross Margin came in at 19.03% for Q1 2026 at Expro Group Holdings, down from 25.01% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 25.12% in Q4 2024 to a low of 14.6% in Q1 2022.
- The 5-year median for Gross Margin is 20.92% (2022), against an average of 20.16%.
- Across the five-year window, Gross Margin surged 706 bps in 2024 and tumbled 281 bps in 2026, its largest moves.
- Expro Group Holdings' Gross Margin stood at 20.92% in 2022, then advanced by 6 bps to 22.1% in 2023, then climbed by 14 bps to 25.12% in 2024, then fell by 0 bps to 25.01% in 2025, then fell by 24 bps to 19.03% in 2026.
- The last three Gross Margin figures came in at 19.03% (Q1 2026), 25.01% (Q4 2025), and 24.36% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 53.57% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 22.98% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 37.69% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 59.67% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 5.80% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 76.04% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 66.20% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 64.46% |
| 10 | Expro Group Holdings | 1.75 Bn | 1.58 Bn | 69.96 Mn | 19.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.03% |
| Dec 31, 2025 | 25.01% |
| Sep 30, 2025 | 24.36% |
| Jun 30, 2025 | 24.31% |
| Mar 31, 2025 | 21.84% |
| Dec 31, 2024 | 25.12% |
| Sep 30, 2024 | 21.66% |
| Jun 30, 2024 | 21.96% |
| Mar 31, 2024 | 19.56% |
| Dec 31, 2023 | 22.10% |
| Sep 30, 2023 | 14.60% |
| Jun 30, 2023 | 19.64% |
| Mar 31, 2023 | 14.63% |
| Dec 31, 2022 | 20.92% |
| Sep 30, 2022 | 15.15% |
| Jun 30, 2022 | 18.19% |
| Mar 31, 2022 | 14.60% |
| Dec 31, 2021 | 14.64% |
| Sep 30, 2021 | 16.98% |
| Jun 30, 2021 | 16.19% |