Antalpha Platform Holding (ANTA) Gross Margin (2024 - 2026)
Antalpha Platform Holding's (ANTA) quarterly Gross Margin came in at 97.79% in Q2 2026, up 10445.0% year-over-year from N/an in Q2 2025, and up 683.17% quarter-over-quarter from 12.49% in Q1 2026.
Analysis
Antalpha Platform Holding (ANTA) Gross Margin (2024 - 2026) Analysis & Trends
Antalpha Platform Holding (ANTA) has reported Gross Margin for 3 consecutive years, with 97.79% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 10445.0% year-over-year to 97.79% in Q2 2026; TTM through Jun 2026 was 12.49%, a 6116.0% decrease from a year earlier, with the FY2025 full-year figure at 98.37%, up 129.0% from the prior year.
- Gross Margin was 97.79% for Q2 2026 at Antalpha Platform Holding, up from 12.49% in the prior quarter.
- Over five years, Gross Margin peaked at 99.16% in Q3 2025 and troughed at 6.66% in Q2 2025.
- A 3-year average of 76.42% and a median of 97.41% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin plunged 10458 bps in 2025 and surged 10445 bps in 2026, its largest moves.
- Over 3 years, Gross Margin stood at 95.86% in 2024, then increased by 3 bps to 99.15% in 2025, then fell by 1 bps to 97.79% in 2026.
- The last three Gross Margin figures came in at 97.79% (Q2 2026), 12.49% (Q1 2026), and 99.15% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.43 Bn | 1.99 Bn | 303.39 Mn | 83.19% |
| 2 | Pagaya Technologies | 1.70 Bn | 1.51 Bn | 168.33 Mn | 43.49% |
| 3 | Qfin Holdings | 986.27 Mn | -9.51 Mn | - | - |
| 4 | FinVolution | 836.54 Mn | -90.46 Mn | - | - |
| 5 | X Financial | 386.17 Mn | -182.14 Mn | 84.09 Mn | 57.43% |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | 76.31% |
| 7 | Blend Labs | 279.09 Mn | 234.22 Mn | 24.89 Mn | 73.54% |
| 8 | LexinFintech Holdings | 251.25 Mn | 251.25 Mn | 73.06 Mn | 15.55% |
| 9 | Jiayin | 76.25 Mn | 2.23 Mn | - | - |
| 10 | Antalpha Platform Holding | 76.02 Mn | -813.69 Mn | 11.94 Mn | 97.79% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 97.79% |
| Mar 31, 2026 | 12.49% |
| Dec 31, 2025 | 99.15% |
| Sep 30, 2025 | 99.16% |
| Jun 30, 2025 | -6.66% |
| Mar 31, 2025 | 73.65% |
| Dec 31, 2024 | 95.86% |
| Sep 30, 2024 | 97.28% |
| Jun 30, 2024 | 97.92% |
| Mar 31, 2024 | 97.54% |