Argo Blockchain (ARBK) Gross Margin (2021 - 2024)
Argo Blockchain recorded quarterly Gross Margin of 13.23% in Q4 2024, up 158.03% quarter-over-quarter from 22.79% in Q3 2024, and down 1912.0% year-over-year from 0.73% in Q1 2024.
Argo Blockchain's Gross Margin history runs 4 years deep, the most recent figure standing at 13.23% for Q4 2024.
- In Q4 2024, Gross Margin fell 1912.0% year-over-year to 13.23%; the TTM figure through Dec 2024 stood at 3.09% (down 49.0% YoY), while the FY2025 annual figure was 1.85%, down 125.0% from the prior year.
- Gross Margin came in at 13.23% for Q4 2024 at Argo Blockchain, up from 22.79% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 120.14% in Q3 2021 to a low of 128.89% in Q2 2022.
- A 4-year average of 10.07% and a median of 9.83% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 17564 bps in 2022 and surged 12317 bps in 2023, its largest moves.
- Argo Blockchain's Gross Margin stood at 74.85% in 2021, then plunged by 100 bps to 0.23% in 2022, then jumped by 14274 bps to 32.34% in 2023, then plunged by 59 bps to 13.23% in 2024.
- According to Business Quant data, Gross Margin over the past three periods registered 13.23%, 22.79%, and 0.56% for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | - |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | - |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 89.97% |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 84.10% |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | - |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 99.97% |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | - |
| 10 | Argo Blockchain | 146.40 Mn | 144.20 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 13.23% |
| Sep 30, 2024 | -22.79% |
| Jun 30, 2024 | -0.56% |
| Mar 31, 2024 | 11.05% |
| Dec 31, 2023 | 32.34% |
| Sep 30, 2023 | -7.24% |
| Jun 30, 2023 | -5.71% |
| Mar 31, 2023 | -7.87% |
| Dec 31, 2022 | -0.23% |
| Sep 30, 2022 | 16.10% |
| Jun 30, 2022 | -128.89% |
| Mar 31, 2022 | 9.83% |
| Dec 31, 2021 | 74.85% |
| Sep 30, 2021 | 120.14% |
| Jun 30, 2021 | 46.75% |