XPlus (WAR:XPL) Gross Margin %: 85.12% (As of Mar. 2026) — Near Median

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WAR:XPL XPlus SA WAR:XPL
79 GF Score
Price zł3.21
GF Value zł1.90
Valuation Significantly Overvalued
! 1 Warning Sign
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What is XPlus Gross Margin %?

XPlus WAR:XPL +0.31% 79 Gross Margin % is 85.12% as of Mar. 2026, which is 9% above its 10-year median of 78.17. GuruFocus rates WAR:XPL with a GF Score™ of 79/100 and a GF Value™ of zł1.90 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,683 Software companies, XPlus ranks better than 91.69% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. XPlus's Gross Profit for the three months ended in Mar. 2026 was zł13.61 Mil. XPlus's Revenue for the three months ended in Mar. 2026 was zł15.99 Mil. Therefore, XPlus's Gross Margin % for the quarter that ended in Mar. 2026 was 85.12%.


The historical rank and industry rank for XPlus's Gross Margin % or its related term are showing as below:

WAR:XPL' s Gross Margin % Range Over the Past 10 Years
Min: 47.9   Med: 78.17   Max: 84.33
Current: 84.33


During the past 13 years, the highest Gross Margin % of XPlus was 84.33%. The lowest was 47.90%. And the median was 78.17%.

WAR:XPL's Gross Margin % is ranked better than
91.69% of 2683 companies
in the Software industry
Industry Median: 40.47 vs WAR:XPL: 84.33

XPlus had a gross margin of 85.12% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for XPlus was 0.50% per year.


XPlus  (WAR:XPL) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

XPlus had a gross margin of 85.12% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


XPlus Gross Margin % Related Terms


XPlus Gross Margin % Historical Data

* Premium members only.

The historical data trend for XPlus's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

XPlus Gross Margin % Chart

XPlus Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.80 77.53 75.51 82.91 83.44

XPlus Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 81.63 80.67 82.61 87.46 85.12

WAR:XPL vs MSFT, ORCL, PLTR: Gross Margin % Comparison

For the Software - Infrastructure subindustry, XPlus's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


XPlus Gross Margin % vs Software Industry

For the Software industry and Technology sector, XPlus's Gross Margin % distribution charts can be found below:

* The bar in red indicates where XPlus's Gross Margin % falls into.


WAR:XPL
79GF Score
XPlus SA WAR:XPL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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XPlus Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

XPlus's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=48.7 / 58.351
=(Revenue - Cost of Goods Sold) / Revenue
=(58.351 - 9.661) / 58.351
=83.44 %

XPlus's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=13.6 / 15.988
=(Revenue - Cost of Goods Sold) / Revenue
=(15.988 - 2.379) / 15.988
=85.12 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 85.12% mean?
XPlus (WAR:XPL) has a Gross Margin % of 85.12% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on XPlus and its competitors. This is near median its historical median of 78.17. Over the past decade, XPlus' Gross Margin % has ranged from 47.90 to 84.33. According to the industry distribution chart, XPlus ranks #223 out of 2683 companies in the Software industry, placing it in the top 8.3%.
Is XPlus' Gross Margin % too high?
XPlus' current Gross Margin % of 85.12% is near median its 10-year median of 78.17. Over the past 10 years, this metric has ranged from a low of 47.90 to a high of 84.33. The Software industry median Gross Margin % is 40.47. XPlus' value of 85.12% is 110.3% above this industry median. Based on the distribution chart, XPlus ranks #223 out of 2683 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, XPlus has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does XPlus' Gross Margin % compare to MSFT and ORCL?
According to the Software industry distribution chart, XPlus ranks #223 out of 2683 companies for Gross Margin %. This places XPlus in the top 8% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.47. XPlus' value of 85.12% is 110.3% above this benchmark. Historically, XPlus' own Gross Margin % has ranged from 47.90 to 84.33 over the past decade. While the company's 10-year median is 78.17 vs. the industry median of 40.47, XPlus has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Software company?
The median Gross Margin % among Software companies is 40.47, based on 2,683 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. XPlus's current Gross Margin % of 85.12% is 110.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on XPlus and its competitors. For the Software industry, the median Gross Margin % is 40.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XPlus's current Gross Margin % is 85.12%, which is near median its own 10-year median of 78.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XPlus stock overvalued right now?
Based on GuruFocus' analysis, XPlus (WAR:XPL) is currently considered Significantly Overvalued. The stock's GF Value™ is zł1.90, compared to a current price of zł3.21 — trading 68.9% above its estimated fair value. The current Gross Margin % is 85.12%, which is near median its 10-year median of 78.17 and 110.3% above the Software industry median of 40.47. XPlus' overall GF Score™ is 79/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For XPlus (WAR:XPL), the current Gross Margin % is 85.12% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is XPlus (WAR:XPL) Overvalued in 2026?

Based on GuruFocus' analysis, XPlus stock appears to be overvalued. The current stock price of zł3.21 is trading 68.9% above its estimated GF Value™ of zł1.90. GuruFocus considers XPlus to be Significantly Overvalued.

Key valuation signals for WAR:XPL:

  • Gross Margin %: 85.12% (near median its 10-year median of 78.17)
  • GF Value™: zł1.90 vs. price of zł3.21 (68.9% above fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 110.3% above the Software median (#223 of 2683)

No single metric tells the full story. See the WAR:XPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


XPlus Business Description

Address Pulawska 435A, Warsaw, POL, 02-801
XPlus SA offers software and specialized implementation services in Poland. The company develops methods and tools to manage the organization in the design business. It also provides strategic and processes consultancy services as well as IT systems implementation services. Its ERP, CRM and XPLUS solutions include Microsoft Dynamics AX, Microsoft Dynamics CRM, Microsoft Dynamics 365, Uniform Audit File, Webcon BPS and EMCS.
79GF Score

Get the complete analysis for WAR:XPL

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł3.21
Price
zł1.90
GF Value