Nayax (NYAX) Gross Margin (2021 - 2026)
Nayax (NYAX) posted Gross Margin of 46.48% for Q4 2025, down 5.63% sequentially from 49.26% in Q3 2025, and up 41.0% YoY from 32.97% in Q4 2024.
Analysis
Nayax (NYAX) Gross Margin (2021 - 2026) Analysis & Trends
Nayax has reported Gross Margin for 5 years, with the latest figure at 46.48% in Q4 2025.
- Quarterly Gross Margin rose 41.0% year-over-year to 46.48% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 48.19% (up 312.0% YoY) and the FY2025 annual result came in at 48.19%, up 312.0% from the prior year.
- Gross Margin retreated to 46.48% in Q4 2025 per NYAX's latest filing, from 49.26% in the prior quarter.
- Over five years, Gross Margin peaked at 49.26% in Q3 2025 and troughed at 33.44% in Q4 2022.
- A 5-year average of 40.92% and a median of 39.92% in 2021 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2024: Gross Margin plunged 646 bps in 2022, then surged 965 bps in 2024.
- Over 5 years, Gross Margin stood at 34.84% in 2021, then declined by 4 bps to 33.44% in 2022, then climbed by 19 bps to 39.92% in 2023, then gained by 15 bps to 46.07% in 2024, then climbed by 1 bps to 46.48% in 2025.
- According to Business Quant data, Gross Margin over the past three periods registered 46.48%, 49.26%, and 48.3% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 67.20% |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | - |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn | 84.66% |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn | 67.55% |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn | 74.57% |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 80.24% |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | 71.76% |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | 72.57% |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn | 47.84% |
| 10 | Nayax | 1.87 Bn | 1.57 Bn | 57.45 Mn | 46.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.86% |
| Mar 31, 2026 | 48.92% |
| Dec 31, 2025 | 46.48% |
| Sep 30, 2025 | 49.26% |
| Jun 30, 2025 | 48.30% |
| Mar 31, 2025 | 49.19% |
| Dec 31, 2024 | 46.07% |
| Sep 30, 2024 | 45.75% |
| Jun 30, 2024 | 44.29% |
| Mar 31, 2024 | 43.76% |
| Dec 31, 2023 | 39.92% |
| Sep 30, 2023 | 38.09% |
| Jun 30, 2023 | 37.14% |
| Mar 31, 2023 | 34.11% |
| Dec 31, 2022 | 33.44% |
| Sep 30, 2022 | 33.46% |
| Jun 30, 2022 | 34.23% |
| Mar 31, 2022 | 38.36% |
| Dec 31, 2021 | 34.84% |
| Sep 30, 2021 | 39.92% |