Company / Operating Margin
XMax Inc. Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
-55.4%
FY2025
5-year range
-231.8% / -30.8%
FY2021-FY2025
Trend
+4.4%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Operating Margin has fluctuated over the past 10 years, ranging from -231.8% in FY2021 to 6.4% in FY2018.
Based on SEC 10-K filings.
-55.4% in FY2025 with a 5-year CAGR of -29.0%.
Improved from -127.3% to -55.4% over the past 2 years.
Operating Margin over time
Growth rates
- 3-Year Change
- -24.6pp
- 5-Year Change
- -29.0pp
- 10-Year Change
- -
Key checks
Key Insights
- In FY2025, operating margin increased 4.4% year-over-year.
- Peak operating margin was recorded in FY2018.
- Lowest operating 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 | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -55.4% | +4.4% |
| FY2024 | -57.9% | +54.5% |
| FY2023 | -127.3% | -314.0% |
| FY2022 | -30.8% | +86.7% |
| FY2021 | -231.8% | -778.9% |
| FY2020 | -26.4% | -543.2% |
| FY2019 | 5.9% | -6.9% |
| FY2018 | 6.4% | +869.9% |
| FY2017 | -0.8% | -116.1% |
| FY2016 | 5.1% | -3.2% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026