AtlasClear Holdings (ATCH) Operating Margin (2024 - 2026)

AtlasClear Holdings (ATCH) reported Operating Margin of 69.8% for Q1 2026, down 2764.0% on a YoY basis from 2.62% in Q1 2025, and down 43.76% quarter-over-quarter from 48.55% in Q4 2025.

AtlasClear Holdings (ATCH) Operating Margin (2024 - 2026) Analysis & Trends

AtlasClear Holdings has reported Operating Margin for 3 years, with the latest figure at 69.8% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin fell 2764.0% year-over-year to 69.8%; the trailing twelve-month figure through Mar 2026 stood at 49.29% (changed N/A YoY), and the FY2025 full-year result was 45.29%, down 3068.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 69.8%, down from 48.55% in the prior quarter.
  • The five-year high for Operating Margin was 20.64% in Q3 2025, with the low at 1091.53% in Q1 2024.
  • Historically, Operating Margin has averaged 195.68% across 3 years, with a median of 48.55% in 2025.
  • Annual changes were most pronounced in 2025 — Operating Margin surged 104937 bps — and 2026, when it sank 2764 bps.
  • AtlasClear Holdings' Operating Margin stood at 33.56% in 2024, then slumped by 45 bps to 48.55% in 2025, then sank by 44 bps to 69.8% in 2026.
  • The last three Operating Margin figures came in at 69.8% (Q1 2026), 48.55% (Q4 2025), and 20.64% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 SOL Strategies 96,012.83 Bn 96,012.83 Bn - -
2 Morgan Stanley 328.23 Bn 194.70 Bn - -
3 Goldman Sachs 313.22 Bn -624.33 Bn - -
4 Schwab Charles 154.90 Bn 109.92 Bn - -
5 Robinhood Markets 75.17 Bn 70.53 Bn 960.00 Mn 28.49%
6 Interactive Brokers 38.41 Bn 49.00 Bn - -
7 LPL Financial Holdings 23.13 Bn 22.10 Bn - -
8 Tradeweb Markets 21.12 Bn 19.87 Bn - 46.50%
9 Circle Internet 19.75 Bn 18.24 Bn 35.01 Mn 108.11%
10 AtlasClear Holdings 31.95 Mn 15.25 Mn - -69.80%

Historic Data

Download Data
DateValue
Mar 31, 2026 -69.80%
Dec 31, 2025 -48.55%
Sep 30, 2025 -20.64%
Jun 30, 2025 -63.51%
Mar 31, 2025 -42.16%
Sep 30, 2024 -33.56%
Mar 31, 2024 -1,091.53%