Karbon-X (KARX) Gross Margin (2023 - 2026)
Karbon-X's (KARX) quarterly Gross Margin came in at 35.65% in Q1 2026, down 9462.0% on a YoY basis from 0.38% in Q1 2025, and down 470.88% quarter-over-quarter from 9.61% in Q4 2025.
Analysis
Karbon-X (KARX) Gross Margin (2023 - 2026) Analysis & Trends
Karbon-X (KARX) has reported Gross Margin for 4 consecutive years, with 35.65% the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 9462.0% year-over-year to 35.65%; the trailing twelve-month figure through Feb 2026 stood at 1.4% (down 4132.0% YoY), and the FY2025 full-year result was 25.33%, up 1175.0% from the prior year.
- Gross Margin retreated to 35.65% in Q1 2026 per KARX's latest filing, from 9.61% in the prior quarter.
- Across five years, Gross Margin topped out at 108.21% in Q2 2023 and bottomed at 35.65% in Q1 2026.
- Historically, Gross Margin has averaged 35.9% across 4 years, with a median of 26.16% in 2024.
- The sharpest annual moves came in 2024 and 2025: Gross Margin tumbled 10273 bps in 2024, then jumped 4949 bps in 2025.
- Over 4 years, Gross Margin stood at 62.16% in 2023, then declined by 27 bps to 45.17% in 2024, then tumbled by 79 bps to 9.61% in 2025, then tumbled by 471 bps to 35.65% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 35.65%, 9.61%, and 0.82% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 43.75 Bn | 43.75 Bn | 4.68 Bn | 85.10% |
| 2 | Royalty Pharma | 26.65 Bn | 25.82 Bn | - | - |
| 3 | Royal Gold | 21.82 Bn | 21.64 Bn | 390.45 Mn | 86.66% |
| 4 | OR Royalties | 6.82 Bn | 6.74 Bn | 82.22 Mn | 84.05% |
| 5 | Encore Capital | 2.11 Bn | 1.92 Bn | 455.04 Mn | 92.51% |
| 6 | Atlanticus Holdings | 1.40 Bn | 848.06 Mn | 686.46 Mn | 92.23% |
| 7 | Jefferson Capital | 1.19 Bn | 1.17 Bn | - | - |
| 8 | Upbound | 1.07 Bn | 961.40 Mn | 594.84 Mn | 51.13% |
| 9 | Lufax Holding | 1.05 Bn | -1.58 Bn | - | - |
| 10 | Karbon-X | 12.78 Mn | 8.72 Mn | -1.52 Mn | -35.65% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2026 | -35.65% |
| Nov 30, 2025 | 9.61% |
| Aug 31, 2025 | 0.82% |
| May 31, 2025 | 6.08% |
| Feb 28, 2025 | 58.98% |
| Nov 30, 2024 | 45.17% |
| Aug 31, 2024 | 26.16% |
| May 31, 2024 | 5.48% |
| Feb 29, 2024 | 9.49% |
| Nov 30, 2023 | 62.16% |
| Aug 31, 2023 | 85.39% |
| May 31, 2023 | 108.21% |
| Feb 28, 2023 | 84.79% |