Coincheck CNCK
NASDAQ CNCK
$1.95 +0.05 (+2.63%)
At close: Sep 18, 2026 · 4:00 PM EDT

Coincheck (CNCK) Gross Margin (2023 - 2026)

Coincheck's (CNCK) quarterly Gross Margin came in at 1.61% in Q2 2026, down 110.0% year-over-year from 16.09% in Q2 2025, and up 235.35% quarter-over-quarter from 1.19% in Q1 2026.

Analysis

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

Coincheck (CNCK) has reported Gross Margin for 4 consecutive years, with 1.61% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin fell 110.0% year-over-year to 1.61% in Q2 2026; TTM through Jun 2026 was 0.05%, a 40.0% decrease from a year earlier, with the FY2026 full-year figure at 0.31%, down 6.0% from the prior year.
  • Gross Margin was 1.61% for Q2 2026 at Coincheck, up from 1.19% in the prior quarter.
  • Over five years, Gross Margin peaked at 4.35% in Q1 2024 and troughed at 1.38% in Q4 2024.
  • A 4-year average of 1.3% and a median of 0.92% in 2024 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin tumbled 498 bps in 2024 and surged 161 bps in 2025, its largest moves.
  • Over 4 years, Gross Margin stood at 3.6% in 2023, then plunged by 138 bps to 1.38% in 2024, then surged by 117 bps to 0.23% in 2025, then surged by 595 bps to 1.61% in 2026.
  • The last three Gross Margin figures came in at 1.61% (Q2 2026), 1.19% (Q1 2026), and 0.23% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Coinbase Global 51.24 Bn 42.45 Bn 1.16 Bn 95.11%
2 Bullish 5.78 Bn 5.72 Bn 15.53 Mn 0.05%
3 Cypherpunk Technologies 663.58 Mn 663.58 Mn - -
4 Canton Strategic Holdings 498.79 Mn 498.79 Mn - -
5 Bakkt 387.06 Mn 336.37 Mn 2.21 Mn 1.30%
6 Coincheck 264.39 Mn 162.79 Mn 11.20 Mn 1.61%
7 Wewards 214.97 Mn 214.97 Mn - -
8 Exodus Movement 205.10 Mn -149.98 Mn - -
9 Usbc 197.95 Mn 194.29 Mn - -
10 TON Strategy 191.64 Mn 191.61 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.61%
Mar 31, 2026 -1.19%
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%