Sphere 3D (ANY) Gross Margin (2017 - 2026)

Sphere 3D (ANY) has reported Gross Margin for 9 consecutive years, with 16.34% the latest figure, recorded in 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 came in at 16.34% for Q1 2026 at Sphere 3D, down from 22.81% in the prior quarter.
• The five-year high for Gross Margin was 97.66% in Q4 2023, with the low at 15.97% in Q3 2024.
• Average Gross Margin over 5 years is 51.16%, with a median of 37.99% recorded in 2024.
• Across the five-year window, Gross Margin plunged 11217 bps in 2024 and soared 4136 bps in 2025, its largest moves.
• Year by year, Gross Margin stood at 80.53% in 2022, then rose by 21 bps to 97.66% in 2023, then plunged by 90 bps to 9.84% in 2024, then jumped by 132 bps to 22.81% in 2025, then decreased by 28 bps to 16.34% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 16.34%, 22.81%, and 25.39% for Q1 2026, Q4 2025, and Q3 2025 respectively.