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 | 333.21 Bn | 173.07 Bn | - | - |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 92.05% |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | - |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 41.19% |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 88.68% |
| 10 | Coincheck | 360.08 Mn | 258.18 Mn | 11.20 Mn | 1.61% |
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% |