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
DateValue
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%