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| Date | Value |
|---|---|
| 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% |