Xwell (XWEL) Gross Margin (2010 - 2026)
Xwell's (XWEL) quarterly Gross Margin came in at 35.45% in Q1 2026, up 1667.0% year-on-year from 2.01% in Q1 2025, and down 13.15% quarter-over-quarter from 40.82% in Q4 2025.
Xwell (XWEL) Gross Margin (2010 - 2026) Analysis & Trends
Xwell has disclosed Gross Margin across 16 years of filings, most recently posting 35.45% for Q1 2026.
- Gross Margin for Q1 2026 came in at 35.45%, up 1667.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 29.63% (up 611.0% YoY), and the FY2025 annual result was 25.7%, down 62.0% from the prior year.
- Gross Margin came in at 35.45% for Q1 2026 at Xwell, down from 40.82% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 40.82% in Q4 2025 to a low of 5.42% in Q4 2022.
- The 5-year median for Gross Margin is 18.78% (2025), against an average of 20.88%.
- Across the five-year window, Gross Margin slumped 6328 bps in 2022 and jumped 2579 bps in 2025, its largest moves.
- Xwell's Gross Margin stood at 5.42% in 2022, then surged by 119 bps to 11.86% in 2023, then climbed by 27 bps to 15.03% in 2024, then jumped by 172 bps to 40.82% in 2025, then decreased by 13 bps to 35.45% in 2026.
- The last three Gross Margin figures came in at 35.45% (Q1 2026), 40.82% (Q4 2025), and 20.33% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,529.42 Bn | 30,528.96 Bn | 1.11 Bn | 87.77% |
| 2 | Thermo Fisher Scientific | 183.75 Bn | 180.50 Bn | 7.74 Bn | 70.37% |
| 3 | Danaher | 133.13 Bn | 127.43 Bn | 3.59 Bn | 60.34% |
| 4 | Idexx Laboratories | 46.14 Bn | 45.94 Bn | 722.74 Mn | 63.35% |
| 5 | Agilent Technologies | 38.20 Bn | 36.39 Bn | 990.00 Mn | 53.95% |
| 6 | Natera | 31.50 Bn | 30.40 Bn | 696.04 Mn | 99.91% |
| 7 | Iqvia Holdings | 31.34 Bn | 29.36 Bn | 1.36 Bn | 32.64% |
| 8 | Illumina | 24.51 Bn | 23.36 Bn | 721.00 Mn | 66.09% |
| 9 | Mettler Toledo International | 23.53 Bn | 23.47 Bn | 555.82 Mn | 58.68% |
| 10 | Xwell | 7.62 Mn | 500,032.23 | 2.35 Mn | 35.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.45% |
| Dec 31, 2025 | 40.82% |
| Sep 30, 2025 | 20.33% |
| Jun 30, 2025 | 23.08% |
| Mar 31, 2025 | 18.78% |
| Dec 31, 2024 | 15.03% |
| Sep 30, 2024 | 24.38% |
| Jun 30, 2024 | 33.17% |
| Mar 31, 2024 | 30.61% |
| Dec 31, 2023 | 11.86% |
| Sep 30, 2023 | 14.61% |
| Jun 30, 2023 | 14.56% |
| Mar 31, 2023 | 7.39% |
| Dec 31, 2022 | 5.42% |
| Sep 30, 2022 | 13.01% |
| Jun 30, 2022 | 9.12% |
| Mar 31, 2022 | 37.43% |
| Dec 31, 2021 | 68.71% |
| Sep 30, 2021 | 48.96% |
| Jun 30, 2021 | 15.30% |