Exzeo (XZO) Operating Margin (2024 - 2026)
Exzeo (XZO) posted Operating Margin of 49.26% for Q2 2026, down 0.89 percentage points from 50.15% a year earlier but up 4.10 percentage points from the prior quarter.
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Analysis
Exzeo (XZO) Operating Margin (2024 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Exzeo was 48.51%, up 7.76 percentage points year-over-year; for FY2025, it came in at 48.85%, up 20.47 percentage points from FY2024.
- In prior years, Exzeo's Operating Margin was 28.38% in FY2024 (+25.49 pp) and 2.89% in FY2023.
- Quarterly Operating Margin has run from a low of 23.12% in Q3 2024 to a high of 50.29% in Q4 2025 over five years.
- On a year-over-year basis, Operating Margin increased in two of the last four quarters, with an average year-over-year change of +10.11 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 45.15% (Q1 2026), 50.29% (Q4 2025) and 49.40% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.25 Bn | 7.48 Bn | - | 16.44% |
| 2 | Block | 46.94 Bn | 18.20 Bn | 3.17 Bn | 6.75% |
| 3 | Coinbase Global | 45.07 Bn | 1.87 Bn | - | -9.30% |
| 4 | Corpay | 26.81 Bn | 17.01 Bn | - | 35.28% |
| 5 | Fiserv | 25.66 Bn | 22.36 Bn | 2.90 Bn | 19.18% |
| 6 | Global Payments | 22.55 Bn | 992.60 Mn | 2.03 Bn | 10.15% |
| 7 | Iren | 20.26 Bn | 7.85 Bn | 103.89 Mn | -452.09% |
| 8 | Guidewire Software | 15.06 Bn | 11.63 Bn | 269.68 Mn | 15.16% |
| 9 | Bitmine Immersion Technologies | 13.23 Bn | 10.61 Bn | 40.81 Mn | -25.50% |
| 10 | Exzeo | 1.50 Bn | 681.12 Mn | 36.84 Mn | 49.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.26% |
| Mar 31, 2026 | 45.15% |
| Dec 31, 2025 | 50.29% |
| Sep 30, 2025 | 49.40% |
| Jun 30, 2025 | 50.15% |
| Mar 31, 2025 | 45.41% |
| Dec 31, 2024 | 34.98% |
| Sep 30, 2024 | 23.12% |
API Access
Exzeo Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=XZO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "XZO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=XZO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();