Nakamoto (NAKAW) EBITDA (2024 - 2026)

Nakamoto (NAKAW) posted quarterly EBITDA of -$238.9 million for Q1 2026, down 22916.09% YoY from N/an in Q1 2025, and down 30.36% sequentially from -$183.3 million in Q4 2025.

Nakamoto (NAKAW) EBITDA (2024 - 2026) Analysis & Trends

Nakamoto has disclosed EBITDA across 3 years of filings, most recently posting -$238.9 million for Q1 2026.

  • In Q1 2026, EBITDA fell 22916.09% year-over-year to -$238.9 million; the TTM figure through Mar 2026 stood at -$434.9 million (down 4950268.51% YoY), while the FY2025 annual figure was -$197.1 million, down 24219.86% from the prior year.
  • EBITDA declined to -$238.9 million in Q1 2026, from -$183.3 million in the prior quarter.
  • Over the last five years, EBITDA for NAKAW reached as high as $3.1 million in Q4 2024 and fell as low as -$238.9 million in Q1 2026.
  • The 3-year median for EBITDA is -$1.0 million (2025), against an average of -$48.4 million.
  • Annual changes were most pronounced in 2025 — EBITDA plunged 134.99% — and 2026, when it plunged 22916.09%.
  • A 3-year view of EBITDA shows it stood at $3.1 million in 2024, then plunged by 6079.3% to -$183.3 million in 2025, then tumbled by 30.36% to -$238.9 million in 2026.
  • According to Business Quant data, EBITDA over the past three periods registered -$238.9 million, -$183.3 million, and -$10.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 19.58 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 23.57 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 4.01 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 441.58 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 304.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 584.88 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 294.45 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 46.00 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -254.94 Mn
10 Nakamoto - - 1.38 Mn -238.91 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -238.91 Mn
Dec 31, 2025 -183.26 Mn
Sep 30, 2025 -10.40 Mn
Jun 30, 2025 -2.38 Mn
Mar 31, 2025 -1.04 Mn
Dec 31, 2024 3.06 Mn
Sep 30, 2024 -1.02 Mn
Jun 30, 2024 -1.01 Mn
Mar 31, 2024 -212,226.00