Nakamoto (NAKA) Gross Margin (2024 - 2026)
Nakamoto (NAKA) reported Gross Margin of 85.56% for Q1 2026, down 1306.0% year-over-year from 7.09% in Q1 2025, and down 13.99% quarter-over-quarter from 99.48% in Q3 2025.
Nakamoto (NAKA) Gross Margin (2024 - 2026) Analysis & Trends
Nakamoto (NAKA) has 3 years of Gross Margin data on file, last reported at 85.56% in Q1 2026.
- Gross Margin for Q1 2026 came in at 85.56%, down 1306.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 95.98% (down 66.0% YoY), and the FY2024 annual result was 96.96%, changed N/A from the prior year.
- Gross Margin eased to 85.56% in Q1 2026 per NAKA's latest filing, from 99.48% in the prior quarter.
- Over five years, Gross Margin peaked at 99.48% in Q3 2025 and troughed at 85.56% in Q1 2026.
- A 3-year average of 96.14% and a median of 98.71% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2025 and 2026: Gross Margin jumped 784 bps in 2025, then sank 1306 bps in 2026.
- A 3-year view of Gross Margin shows it stood at 99.12% in 2024, then grew by 0 bps to 99.48% in 2025, then fell by 14 bps to 85.56% in 2026.
- Business Quant data shows NAKA's Gross Margin at 85.56% in Q1 2026, 99.48% in Q3 2025, and 98.15% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | - |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | - |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | - |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 89.97% |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | - |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | - |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | - |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | 99.97% |
| 10 | Nakamoto | 2.65 Mn | -40.83 Mn | 1.38 Mn | 85.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 85.56% |
| Sep 30, 2025 | 99.48% |
| Jun 30, 2025 | 98.15% |
| Mar 31, 2025 | 98.62% |
| Dec 31, 2024 | 99.12% |
| Sep 30, 2024 | 98.80% |
| Jun 30, 2024 | 90.31% |
| Mar 31, 2024 | 99.07% |