Company / Gross Margin
XMax Inc. Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
43.9%
FY2025
5-year range
-175.3% / 44.0%
FY2021-FY2025
Trend
+16.6%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Margin has fluctuated over the past 10 years, ranging from -175.3% in FY2021 to 44.0% in FY2022.
Based on SEC 10-K filings.
43.9% in FY2025 with a 5-year CAGR of +38.0%.
Improved from -61.1% to 43.9% over the past 2 years.
Gross Margin over time
Growth rates
- 3-Year Change
- -0.1pp
- 5-Year Change
- +38.0pp
- 10-Year Change
- -
Key checks
Key Insights
- In FY2025, gross margin increased 16.6% year-over-year.
- Peak gross margin was recorded in FY2022.
- Lowest gross margin in the period was in FY2021.
Company context
Key Data Points
- Altman Z-Score 0.03 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 43.9% | +16.6% |
| FY2024 | 37.6% | +161.6% |
| FY2023 | -61.1% | -238.8% |
| FY2022 | 44.0% | +125.1% |
| FY2021 | -175.3% | -3080.6% |
| FY2020 | 5.9% | -68.9% |
| FY2019 | 18.9% | -1.4% |
| FY2018 | 19.2% | +31.4% |
| FY2017 | 14.6% | -14.1% |
| FY2016 | 17.0% | -13.5% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026