Coincheck (CNCK) Cost of Revenue (2023 - 2026)

Coincheck (CNCK) posted quarterly Cost of Revenue of $744.7 million for Q1 2026, up 0.54% year-over-year from $740.7 million in Q1 2025, and down 16.36% quarter-over-quarter from $890.4 million in Q4 2025.

Coincheck (CNCK) Cost of Revenue (2023 - 2026) Analysis & Trends

Coincheck (CNCK) has reported Cost of Revenue for 4 consecutive years, with $744.7 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Cost of Revenue rose 0.54% year-over-year to $744.7 million; the TTM figure through Mar 2026 stood at $3.1 billion (up 27.25% YoY), while the FY2026 annual figure was $2936.7, down 100.0% from the prior year.
  • Cost of Revenue declined to $744.7 million in Q1 2026 per CNCK's latest filing, from $890.4 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $890.4 million in Q4 2025 and bottomed at $384.8 million in Q4 2023.
  • Historically, Cost of Revenue has averaged $652.6 million across 4 years, with a median of $697.5 million in 2024.
  • Annual changes were most pronounced in 2024 — Cost of Revenue soared 95.37% — and 2026, when it increased 0.54%.
  • Coincheck's Cost of Revenue stood at $384.8 million in 2023, then soared by 95.37% to $751.8 million in 2024, then gained by 18.44% to $890.4 million in 2025, then dropped by 16.36% to $744.7 million in 2026.
  • Business Quant data shows CNCK's Cost of Revenue at $744.7 million in Q1 2026, $890.4 million in Q4 2025, and $873.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - -
2 Goldman Sachs 316.34 Bn -660.01 Bn - -
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 19.32 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 104.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 39.93 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - -
10 Coincheck 296.93 Mn -82.36 Mn -8.88 Mn 744.70 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 744.70 Mn
Mar 31, 2026 744.70 Mn
Dec 31, 2025 890.40 Mn
Dec 31, 2025 890.40 Mn
Sep 30, 2025 873.30 Mn
Sep 30, 2025 873.30 Mn
Jun 30, 2025 563.80 Mn
Jun 30, 2025 563.80 Mn
Mar 31, 2025 740.70 Mn
Mar 31, 2025 740.70 Mn
Dec 31, 2024 751.80 Mn
Dec 31, 2024 751.80 Mn
Sep 30, 2024 458.06 Mn
Sep 30, 2024 458.06 Mn
Jun 30, 2024 463.69 Mn
Jun 30, 2024 463.69 Mn
Mar 31, 2024 654.32 Mn
Mar 31, 2024 654.32 Mn
Dec 31, 2023 384.81 Mn
Dec 31, 2023 384.81 Mn