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
DateValue
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%