I-ON Digital (IONI) Gross Margin (2015 - 2025)
I-ON Digital's (IONI) quarterly Gross Margin came in at 100.0% in Q4 2025, little changed quarter-over-quarter from 100.0% in Q3 2025.
Analysis
I-ON Digital (IONI) Gross Margin (2015 - 2025) Analysis & Trends
I-ON Digital has disclosed Gross Margin across 11 years of filings, most recently posting 100.0% for Q4 2025.
- In Q4 2025, Gross Margin changed N/A year-over-year to 100.0%; the TTM figure through Dec 2025 stood at 100.0% (up 6437.0% YoY), while the FY2025 annual figure was 100.0%, up 6437.0% from the prior year.
- Gross Margin came in at 100.0% for Q4 2025 at I-ON Digital, roughly flat from 100.0% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 100.0% in Q3 2025 to a low of 13.5% in Q2 2022.
- Average Gross Margin over 5 years is 45.77%, with a median of 35.63% recorded in 2023.
- Year-over-year, Gross Margin slumped 2822 bps in 2022 and soared 2213 bps in 2023.
- Over 5 years, Gross Margin stood at 41.72% in 2021, then slumped by 68 bps to 13.5% in 2022, then surged by 315 bps to 56.07% in 2023, then sank by 36 bps to 35.63% in 2024, then surged by 181 bps to 100.0% in 2025.
- Per Business Quant data, the three most recent Gross Margin figures were 100.0% in Q4 2025, 100.0% in Q3 2025, and 35.63% in Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 48.70 Bn | 39.92 Bn | 1.16 Bn | 95.11% |
| 2 | Bullish | 5.43 Bn | 5.38 Bn | 15.53 Mn | 0.05% |
| 3 | Canton Strategic Holdings | 494.45 Mn | 494.45 Mn | - | - |
| 4 | Cypherpunk Technologies | 446.07 Mn | 446.07 Mn | - | - |
| 5 | Coincheck | 267.10 Mn | 165.50 Mn | 11.20 Mn | 1.61% |
| 6 | Exodus Movement | 226.48 Mn | -128.60 Mn | - | - |
| 7 | Wewards | 214.97 Mn | 214.97 Mn | - | - |
| 8 | Usbc | 194.07 Mn | 190.41 Mn | - | - |
| 9 | TON Strategy | 187.68 Mn | 187.66 Mn | - | - |
| 10 | I-ON Digital | 3.75 Mn | 3.43 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 100.00% |
| Sep 30, 2025 | 100.00% |
| Mar 31, 2024 | 35.63% |
| Dec 31, 2023 | 56.07% |
| Sep 30, 2023 | 15.20% |
| Jun 30, 2023 | 35.63% |
| Jun 30, 2022 | 13.50% |
| Jun 30, 2021 | 41.72% |
| Mar 31, 2021 | 14.20% |
| Dec 31, 2020 | 56.23% |
| Sep 30, 2020 | 35.08% |
| Jun 30, 2020 | 30.01% |
| Mar 31, 2020 | 31.35% |
| Dec 31, 2019 | 52.08% |
| Sep 30, 2019 | 41.08% |
| Jun 30, 2019 | 25.86% |
| Mar 31, 2019 | -10.72% |
| Dec 31, 2018 | 58.61% |
| Sep 30, 2018 | 41.03% |
| Jun 30, 2018 | 9.36% |