Argo Blockchain ARBK
NASDAQ ARBK
$2.88 -0.01 (-0.35%)
At close: Sep 11, 2026 · 4:00 PM EDT

Argo Blockchain (ARBK) Gross Margin (2021 - 2025)

Argo Blockchain's (ARBK) quarterly Gross Margin came in at 5.67% in Q2 2025, down 1179.0% year-over-year from 0.53% in Q2 2024, and down 22.4% quarter-over-quarter from 4.63% in Q3 2024.

Analysis

Argo Blockchain (ARBK) Gross Margin (2021 - 2025) Analysis & Trends

Argo Blockchain has disclosed Gross Margin across 5 years of filings, most recently posting 5.67% for Q2 2025.

  • In Q2 2025, Gross Margin fell 1179.0% year-over-year to 5.67%; the TTM figure through Jun 2025 stood at 1.79% (up 164.0% YoY), while the FY2025 annual figure was 1.85%, down 125.0% from the prior year.
  • Gross Margin came in at 5.67% for Q2 2025 at Argo Blockchain, down from 4.63% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 152.08% in Q1 2021 to a low of 128.89% in Q2 2022.
  • Average Gross Margin over 5 years is 10.24%, with a median of 0.23% recorded in 2022.
  • Year-over-year, Gross Margin tumbled 20925 bps in 2022 and surged 12317 bps in 2023.
  • Over 5 years, Gross Margin stood at 66.9% in 2021, then slumped by 100 bps to 0.23% in 2022, then sank by 2606 bps to 6.17% in 2023, then climbed by 25 bps to 4.63% in 2024, then declined by 22 bps to 5.67% in 2025.
  • Per Business Quant data, the three most recent Gross Margin figures were 5.67% in Q2 2025, 4.63% in Q3 2024, and 6.13% in Q2 2024.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Bitmine Immersion Technologies 57.18 Bn 56.84 Bn 40.81 Mn 87.70%
2 Iren 33.35 Bn 25.78 Bn 103.89 Mn 75.71%
3 Hut 8 12.15 Bn 5.67 Bn 48.04 Mn 64.11%
4 Riot Platforms 8.12 Bn 7.57 Bn 84.97 Mn 48.77%
5 Argo Blockchain 6.30 Bn 6.30 Bn - -
6 MARA Holdings 4.58 Bn 4.22 Bn - -
7 Cleanspark 3.51 Bn 3.30 Bn - -
8 Bitdeer Technologies 2.82 Bn 2.36 Bn -8.53 Mn -3.73%
9 Keel Infrastructure 2.20 Bn 2.20 Bn -86.75 Mn -285.09%
10 HIVE Digital Technologies 831.06 Mn 592.03 Mn -29.49 Mn -37.27%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2025 -5.67%
Sep 30, 2024 -4.63%
Jun 30, 2024 6.13%
Mar 31, 2024 11.05%
Sep 30, 2023 -6.17%
Jun 30, 2023 -5.71%
Mar 31, 2023 -7.87%
Dec 31, 2022 -0.23%
Sep 30, 2022 -89.11%
Jun 30, 2022 -128.89%
Mar 31, 2022 9.83%
Dec 31, 2021 66.90%
Sep 30, 2021 120.14%
Jun 30, 2021 35.74%
Mar 31, 2021 152.08%