Sphere 3D (ANY) Gross Margin (2017 - 2026)
Sphere 3D (ANY) posted quarterly Gross Margin of 16.34% for Q1 2026, down 578.0% year-over-year from 3.42% in Q1 2025, and down 28.37% quarter-over-quarter from 22.81% in Q4 2025.
Sphere 3D (ANY) Gross Margin (2017 - 2026) Analysis & Trends
Sphere 3D's Gross Margin history runs 10 years deep, the most recent figure standing at 16.34% for Q1 2026.
- In Q1 2026, Gross Margin fell 578.0% year-over-year to 16.34%; the TTM figure through Mar 2026 stood at 22.54% (up 1281.0% YoY), while the FY2025 annual figure was 23.5%, up 405.0% from the prior year.
- Gross Margin for Q1 2026 stood at 16.34%, down from 22.81% in the prior quarter.
- The five-year high for Gross Margin was 73.83% in Q1 2022, with the low at 15.97% in Q3 2024.
- The 5-year median for Gross Margin is 25.39% (2025), against an average of 32.15%.
- The sharpest annual moves came in 2023 and 2025: Gross Margin sank 4231 bps in 2023, then surged 4136 bps in 2025.
- Sphere 3D's Gross Margin stood at 63.8% in 2022, then sank by 39 bps to 38.88% in 2023, then tumbled by 75 bps to 9.84% in 2024, then soared by 132 bps to 22.81% in 2025, then dropped by 28 bps to 16.34% in 2026.
- Business Quant data shows ANY's Gross Margin at 16.34% in Q1 2026, 22.81% in Q4 2025, and 25.39% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | - |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | - |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | - |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | 206.12% |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 92.05% |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | 72.42% |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | - |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | - |
| 10 | Sphere 3D | 8.51 Mn | 5.37 Mn | 313,000.00 | 16.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.34% |
| Dec 31, 2025 | 22.81% |
| Sep 30, 2025 | 25.39% |
| Jun 30, 2025 | 23.76% |
| Mar 31, 2025 | 22.12% |
| Dec 31, 2024 | 9.84% |
| Sep 30, 2024 | -15.97% |
| Jun 30, 2024 | 15.15% |
| Mar 31, 2024 | 37.99% |
| Dec 31, 2023 | 38.88% |
| Sep 30, 2023 | 25.02% |
| Jun 30, 2023 | 25.47% |
| Mar 31, 2023 | 35.06% |
| Dec 31, 2022 | 63.80% |
| Sep 30, 2022 | 59.22% |
| Jun 30, 2022 | 67.78% |
| Mar 31, 2022 | 73.83% |
| Dec 31, 2021 | 46.27% |
| Sep 30, 2021 | 46.59% |
| Jun 30, 2021 | 43.74% |