Coincheck (CNCK) Gross Margin (2023 - 2026)

Coincheck (CNCK) posted quarterly Gross Margin of 1.17% for Q1 2026, down 116.0% year-over-year from 7.32% in Q1 2025, and down 605.98% quarter-over-quarter from 0.23% in Q4 2025.

Coincheck (CNCK) Gross Margin (2023 - 2026) Analysis & Trends

Coincheck (CNCK) has reported Gross Margin for 4 consecutive years, with 1.17% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Margin fell 116.0% year-over-year to 1.17%; the TTM figure through Mar 2026 stood at 0.1% (down 44.0% YoY), while the FY2026 annual figure was 314707.48%, down 31470722.0% from the prior year.
  • Gross Margin fell to 1.17% in Q1 2026 per CNCK's latest filing, from 0.23% in the prior quarter.
  • Across five years, Gross Margin topped out at 4.35% in Q1 2024 and bottomed at 1.38% in Q4 2024.
  • Historically, Gross Margin has averaged 1.27% across 4 years, with a median of 0.57% in 2024.
  • Annual changes were most pronounced in 2024 — Gross Margin slumped 498 bps — and 2025, when it soared 161 bps.
  • Coincheck's Gross Margin stood at 3.6% in 2023, then plunged by 138 bps to 1.38% in 2024, then jumped by 117 bps to 0.23% in 2025, then plunged by 606 bps to 1.17% in 2026.
  • Business Quant data shows CNCK's Gross Margin at 1.17% in Q1 2026, 0.23% in Q4 2025, and 0.66% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (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 206.12%
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 92.05%
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 72.42%
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 -1.17%

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.17%
Dec 31, 2025 0.23%
Sep 30, 2025 -0.66%
Jun 30, 2025 2.71%
Mar 31, 2025 -0.01%
Dec 31, 2024 -1.38%
Sep 30, 2024 0.92%
Jun 30, 2024 4.13%
Mar 31, 2024 4.35%
Dec 31, 2023 3.60%