High Templar Tech (HTT) Gross Margin (2016 - 2025)
High Templar Tech (HTT) reported Gross Margin of 27.21% for Q4 2025, up 18.77 percentage points from 8.44% a year earlier and up 4.17 percentage points from the prior quarter.
High Templar Tech (HTT) Gross Margin (2016 - 2025) Analysis & Trends
For FY2025, High Templar Tech posted Gross Margin of 6.93%, down 0.30 percentage points from FY2024.
- Gross Margin has a five-year change of -69.68 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 7.23% in FY2024 (+33.96 pp), -26.73% in FY2023 (-60.40 pp), 33.66% in FY2022 (-48.28 pp) and 81.94% in FY2021 (+5.32 pp).
- The Q4 2025 figure ranks as the highest quarterly Gross Margin since Q4 2022.
- Year over year, Gross Margin has now increased in each of the last eight quarters, with an average year-over-year change of +20.31 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q3 2024 (a gain of 67.94 percentage points); the low point was Q3 2022 (a drop of 184.06 percentage points).
- Per Business Quant data, the three quarters before Q4 2025 came in at 23.04% (Q3 2025), 15.20% (Q2 2025) and -1.74% (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 40.96 Bn | 29.78 Bn | - | - |
| 2 | Orix | 36.82 Bn | 3.63 Bn | - | - |
| 3 | Royalty Pharma | 30.51 Bn | 27.88 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 26.64 Bn | 26.64 Bn | - | - |
| 5 | Royal Gold | 23.60 Bn | 22.77 Bn | 390.45 Mn | 86.66% |
| 6 | Synchrony Financial | 23.18 Bn | -44.45 Bn | - | - |
| 7 | Affirm Holdings | 23.17 Bn | 16.22 Bn | - | - |
| 8 | Annaly Capital Management | 14.38 Bn | 5.33 Bn | - | - |
| 9 | Ares Capital | 13.91 Bn | 11.66 Bn | - | - |
| 10 | High Templar Tech | 727.34 Mn | -3.13 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 27.21% |
| Sep 30, 2025 | 23.14% |
| Jun 30, 2025 | 15.20% |
| Mar 31, 2025 | -1.74% |
| Dec 31, 2024 | 8.44% |
| Sep 30, 2024 | 11.10% |
| Jun 30, 2024 | 13.27% |
| Mar 31, 2024 | -3.92% |
| Dec 31, 2023 | -22.84% |
| Sep 30, 2023 | -56.35% |
| Jun 30, 2023 | -14.26% |
| Mar 31, 2023 | -4.34% |
| Dec 31, 2022 | 53.99% |
| Sep 30, 2022 | -114.44% |
| Jun 30, 2022 | 61.04% |
| Mar 31, 2022 | 84.08% |
| Dec 31, 2021 | 89.90% |
| Sep 30, 2021 | 69.90% |
| Jun 30, 2021 | 84.25% |
| Mar 31, 2021 | 82.35% |
High Templar Tech Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=HTT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "HTT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=HTT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();