Cass Information Systems (CASS) Net Margin (2010 - 2026)
Cass Information Systems (CASS) reported Net Margin of 21.20% for Q2 2026, up 1.25 percentage points from 19.94% a year earlier and up 3.21 percentage points from the prior quarter.
Cass Information Systems (CASS) Net Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Cass Information Systems' Net Margin came in at 18.45%, up 4.59 percentage points year-over-year; for FY2025, it came in at 18.41%, up 7.83 percentage points from FY2024.
- Net Margin has a five-year change of +1.04 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 10.58% in FY2024 (-6.41 pp), 16.99% in FY2023 (-2.14 pp), 19.13% in FY2022 (+0.57 pp) and 18.56% in FY2021 (+1.19 pp).
- The Q2 2026 figure ranks as the highest quarterly Net Margin since Q4 2023.
- Year over year, Net Margin gained in five of the last eight quarters, with an average year-over-year change of +0.61 percentage points.
- The high point for year-over-year Net Margin in five years was Q3 2025 (a gain of 11.88 percentage points); the low point was Q4 2024 (a drop of 17.78 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 17.99% (Q1 2026), 16.41% (Q4 2025) and 18.19% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | -29.46% |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 12.72% |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 1.34% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | -498.45% |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 18.55% |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 11.85% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 0.39% |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | -179.60% |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 7.64% |
| 10 | Cass Information Systems | 694.73 Mn | 466.26 Mn | - | 21.20% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.20% |
| Mar 31, 2026 | 17.99% |
| Dec 31, 2025 | 16.41% |
| Sep 30, 2025 | 18.19% |
| Jun 30, 2025 | 19.94% |
| Mar 31, 2025 | 19.32% |
| Dec 31, 2024 | 10.08% |
| Sep 30, 2024 | 6.32% |
| Jun 30, 2024 | 10.20% |
| Mar 31, 2024 | 15.86% |
| Dec 31, 2023 | 27.85% |
| Sep 30, 2023 | 15.02% |
| Jun 30, 2023 | 14.81% |
| Mar 31, 2023 | 14.42% |
| Dec 31, 2022 | 18.97% |
| Sep 30, 2022 | 18.64% |
| Jun 30, 2022 | 19.36% |
| Mar 31, 2022 | 19.61% |
| Dec 31, 2021 | 19.28% |
| Sep 30, 2021 | 17.60% |
Cass Information Systems Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=CASS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "CASS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=CASS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();