CEA Industries (BNCWZ) Gross Margin (2011 - 2026)
CEA Industries' (BNCWZ) quarterly Gross Margin came in at 27.41% in Q3 2026, down 257.0% year-over-year from 17.46% in Q3 2025, and down 23.75% on a QoQ basis from 35.95% in Q2 2026.
Analysis
CEA Industries (BNCWZ) Gross Margin (2011 - 2026) Analysis & Trends
CEA Industries (BNCWZ) has 16 years of Gross Margin data on file, last reported at 27.41% in Q3 2026.
- On a quarterly basis, Gross Margin fell 257.0% year-over-year to 27.41% in Q3 2026; TTM through Jul 2026 was 29.19%, a 1006.0% increase from a year earlier, with the FY2026 full-year figure at 29.81%, down 584.0% from the prior year.
- Gross Margin for Q3 2026 stood at 27.41%, down from 35.95% in the prior quarter.
- Across five years, Gross Margin topped out at 35.95% in Q2 2026 and bottomed at 113.83% in Q4 2023.
- Historically, Gross Margin has averaged 1.41% across 5 years, with a median of 10.18% in 2022.
- The widest annual swing landed in 2023, when Gross Margin plunged 12417 bps; it then surged 7194 bps in 2024.
- Year by year, Gross Margin stood at 10.34% in 2022, then tumbled by 1201 bps to 113.83% in 2023, then jumped by 63 bps to 41.9% in 2024, then surged by 170 bps to 29.3% in 2025, then declined by 6 bps to 27.41% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 27.41% in Q3 2026, 35.95% in Q2 2026, and 24.04% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 21.16 Bn | 19.43 Bn | 288.85 Mn | 41.19% |
| 2 | Galaxy Digital | 9.54 Bn | 8.88 Bn | 8.38 Bn | 97.89% |
| 3 | Gemini Space Station | 573.86 Mn | 385.24 Mn | - | - |
| 4 | Solana | 177.06 Mn | 173.41 Mn | 2.45 Mn | 96.95% |
| 5 | Empery Digital | 85.45 Mn | 85.45 Mn | -68,184.00 | -85.21% |
| 6 | Metalpha Technology Holding | 40.05 Mn | 36.11 Mn | - | - |
| 7 | Fold Holdings | 29.71 Mn | 1.31 Mn | 5.36 Mn | 88.04% |
| 8 | Amber International Holding | 28.97 Mn | -4.44 Mn | 11.06 Mn | 79.48% |
| 9 | Fabric.AI | 10.06 Mn | -11.61 Mn | - | - |
| 10 | CEA Industries | 7.41 Mn | 324,022.19 | 1.96 Mn | 27.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 27.41% |
| Apr 30, 2026 | 35.95% |
| Jan 31, 2026 | 24.04% |
| Oct 31, 2025 | 29.30% |
| Jul 31, 2025 | 29.97% |
| Mar 31, 2025 | 5.51% |
| Dec 31, 2024 | -41.90% |
| Sep 30, 2024 | -17.95% |
| Jun 30, 2024 | 10.21% |
| Mar 31, 2024 | -65.83% |
| Dec 31, 2023 | -113.83% |
| Sep 30, 2023 | -11.39% |
| Jun 30, 2023 | 7.40% |
| Mar 31, 2023 | 18.22% |
| Dec 31, 2022 | 10.34% |
| Sep 30, 2022 | 11.80% |
| Jun 30, 2022 | 10.16% |
| Mar 31, 2022 | 5.19% |
| Dec 31, 2021 | 18.06% |
| Sep 30, 2021 | 20.16% |