Expro (XPRO) Gross Margin (2012 - 2026)
Expro (XPRO) reported Gross Margin of 19.03% for Q1 2026, down 281.0% on a YoY basis from 10.52% in Q1 2025, and down 23.9% sequentially from 25.01% in Q4 2025.
Expro (XPRO) Gross Margin (2012 - 2026) Analysis & Trends
Expro (XPRO) has 15 years of Gross Margin data on file, last reported at 19.03% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 281.0% year-over-year to 19.03%; the trailing twelve-month figure through Mar 2026 stood at 23.27% (up 61.0% YoY), and the FY2025 full-year result was 23.89%, up 174.0% from the prior year.
- Gross Margin retreated to 19.03% in Q1 2026, 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.
- A 5-year average of 20.16% and a median of 20.92% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin surged 706 bps in 2024 and sank 281 bps in 2026, its largest moves.
- Tracing XPRO's Gross Margin over 5 years: stood at 20.92% in 2022, then gained by 6 bps to 22.1% in 2023, then advanced by 14 bps to 25.12% in 2024, then declined by 0 bps to 25.01% in 2025, then declined by 24 bps to 19.03% in 2026.
- Business Quant data shows XPRO's Gross Margin at 19.03% in Q1 2026, 25.01% in Q4 2025, and 24.36% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 61.69% |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 33.87% |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 65.69% |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 37.69% |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 18.47% |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 70.23% |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 66.20% |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 18.38% |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 64.46% |
| 10 | Expro | 1.80 Bn | 1.62 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% |