Bragg Gaming (BRAG) Gross Margin (2020 - 2025)

Bragg Gaming (BRAG) has reported Gross Margin for 6 consecutive years, with 56.54% the latest figure, recorded in Q4 2025.

• Quarterly Gross Margin fell 150.0% year-over-year to 56.54% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 54.99% (up 201.0% YoY) and the FY2025 annual result came in at 54.99%, up 201.0% from the prior year.
• Gross Margin advanced to 56.54% in Q4 2025 per BRAG's latest filing, from 54.66% in the prior quarter.
• Over the last five years, Gross Margin for BRAG reached as high as 58.03% in Q4 2024 and fell as low as 45.35% in Q2 2021.
• A 5-year average of 52.58% and a median of 52.61% in 2023 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2022 — Gross Margin jumped 1057 bps — and 2024, when it slumped 602 bps.
• Year by year, Gross Margin stood at 51.0% in 2021, then grew by 8 bps to 54.85% in 2022, then retreated by 6 bps to 51.53% in 2023, then increased by 13 bps to 58.03% in 2024, then slipped by 3 bps to 56.54% in 2025.
• According to Business Quant data, Gross Margin over the past three periods registered 56.54%, 54.66%, and 52.7% for Q4 2025, Q3 2025, and Q2 2025 respectively.