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

Sphere 3D (ANY) posted quarterly Operating Margin of 215.55% for Q1 2026, down 3139.0% year-over-year from 7.09% in Q1 2025, and up 42.17% on a QoQ basis from 372.71% in Q4 2025.

Sphere 3D (ANY) Operating Margin (2017 - 2026) Analysis & Trends

Sphere 3D (ANY) has reported Operating Margin for 9 consecutive years, with 215.55% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Margin fell 3139.0% year-over-year to 215.55%; the TTM figure through Mar 2026 stood at 203.71% (down 551.0% YoY), while the FY2025 annual figure was 196.75%, down 6783.0% from the prior year.
  • Operating Margin came in at 215.55% for Q1 2026 at Sphere 3D, up from 372.71% in the prior quarter.
  • The five-year high for Operating Margin was 26.86% in Q1 2024, with the low at 8180.25% in Q4 2022.
  • Average Operating Margin over 5 years is 769.03%, with a median of 197.13% recorded in 2023.
  • Across the five-year window, Operating Margin jumped 798313 bps in 2023 and tumbled 15730 bps in 2025, its largest moves.
  • Year by year, Operating Margin stood at 8180.25% in 2022, then soared by 98 bps to 197.13% in 2023, then tumbled by 67 bps to 328.7% in 2024, then dropped by 13 bps to 372.71% in 2025, then soared by 42 bps to 215.55% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 215.55%, 372.71%, and 153.83% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -
2 Goldman Sachs 309.79 Bn -627.76 Bn - -
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 149.71%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 28.49%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 46.50%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 108.11%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -161.28%
10 Sphere 3D 8.53 Mn 5.38 Mn 313,000.00 -215.55%

Historic Data

Download Data
DateValue
Mar 31, 2026 -215.55%
Dec 31, 2025 -372.71%
Sep 30, 2025 -153.83%
Jun 30, 2025 -87.04%
Mar 31, 2025 -184.17%
Dec 31, 2024 -328.70%
Sep 30, 2024 -218.81%
Jun 30, 2024 -122.40%
Mar 31, 2024 -26.86%
Dec 31, 2023 -197.13%
Sep 30, 2023 -111.88%
Jun 30, 2023 -85.91%
Mar 31, 2023 -123.60%
Dec 31, 2022 -8,180.25%
Sep 30, 2022 -762.09%
Jun 30, 2022 -801.35%
Mar 31, 2022 -1,101.17%
Dec 31, 2020 -57.32%
Sep 30, 2020 -186.07%
Jun 30, 2020 -220.65%