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
DateValue
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%