Nakamoto (NAKAW) Gross Margin (2024 - 2026)
Nakamoto (NAKAW) posted quarterly Gross Margin of 85.56% for Q1 2026, down 1306.0% YoY from 7.09% in Q1 2025, and down 13.99% sequentially from 99.48% in Q3 2025.
Nakamoto (NAKAW) Gross Margin (2024 - 2026) Analysis & Trends
Nakamoto has disclosed Gross Margin across 3 years of filings, most recently posting 85.56% for 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 fell to 85.56% in Q1 2026, from 99.48% in the prior quarter.
- Over the last five years, Gross Margin for NAKAW reached as high as 99.48% in Q3 2025 and fell as low as 85.56% in Q1 2026.
- The 3-year median for Gross Margin is 98.71% (2024), against an average of 96.14%.
- Annual changes were most pronounced in 2025 — Gross Margin jumped 784 bps — and 2026, when it tumbled 1306 bps.
- 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.
- According to Business Quant data, Gross Margin over the past three periods registered 85.56%, 99.48%, and 98.15% for Q1 2026, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 206.12% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 89.97% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 84.10% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 99.97% |
| 10 | Nakamoto | - | - | 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% |