Sphere 3D (ANY) Operating Margin (2017 - 2026)
Sphere 3D (ANY) recorded quarterly Operating Margin of 215.55% in Q1 2026, up 42.17% quarter-over-quarter from 372.71% in Q4 2025, and down 3139.0% on a YoY basis from 7.09% in Q1 2025.
Sphere 3D (ANY) Operating Margin (2017 - 2026) Analysis & Trends
Sphere 3D's Operating Margin history runs 9 years deep, the most recent figure standing at 215.55% for 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 was 215.55% for Q1 2026 at Sphere 3D, up from 372.71% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 26.86% in Q1 2024 to a low of 8180.25% in Q4 2022.
- Historically, Operating Margin has averaged 769.03% across 5 years, with a median of 197.13% in 2023.
- The sharpest annual moves came in 2023 and 2025: Operating Margin jumped 798313 bps in 2023, then slumped 15730 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 8180.25% in 2022, then soared by 98 bps to 197.13% in 2023, then slumped by 67 bps to 328.7% in 2024, then retreated by 13 bps to 372.71% in 2025, then soared by 42 bps to 215.55% in 2026.
- The last three Operating Margin figures came in at 215.55% (Q1 2026), 372.71% (Q4 2025), and 153.83% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | - |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | - |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | - |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 28.49% |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | - |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | - |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 46.50% |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 108.11% |
| 10 | Sphere 3D | 11.90 Mn | 8.76 Mn | 313,000.00 | -215.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |