Nakamoto (NAKA) Gross Margin (2024 - 2026)
Nakamoto (NAKA) posted quarterly 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 reported Gross Margin for 3 consecutive years, with 85.56% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 1306.0% year-over-year to 85.56%; the TTM figure through Mar 2026 stood at 95.98% (down 66.0% YoY), while the FY2024 annual figure was 96.96%, changed N/A from the prior year.
- Gross Margin retreated to 85.56% in Q1 2026 per NAKA's latest filing, from 99.48% in the prior quarter.
- Across five years, Gross Margin topped out at 99.48% in Q3 2025 and bottomed at 85.56% in Q1 2026.
- Historically, Gross Margin has averaged 96.14% across 3 years, with a median of 98.71% in 2024.
- Annual changes were most pronounced in 2025 — Gross Margin jumped 784 bps — and 2026, when it sank 1306 bps.
- Nakamoto's Gross Margin stood at 99.12% in 2024, then increased by 0 bps to 99.48% in 2025, then retreated 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 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | - |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 92.05% |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | - |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 41.19% |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 88.68% |
| 10 | Nakamoto | 143.30 Mn | 124.23 Mn | 20.74 Mn | 57.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 57.82% |
| 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% |