Orion Digital (ORIO) Gross Margin (2017 - 2026)
Orion Digital's Gross Margin came in at 74.86% for Q2 2026, up 2.89 percentage points from 71.97% a year earlier and up 5.81 percentage points from the prior quarter.
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Analysis
Orion Digital (ORIO) Gross Margin (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Orion Digital reported Gross Margin of 70.82%, up 3.54 percentage points year-over-year; for FY2025, it was 69.59%, up 4.03 percentage points from FY2024.
- Gross Margin carries a five-year change of -10.64 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 65.56% in FY2024 (-5.98 pp), 71.54% in FY2023 (+4.48 pp), 67.06% in FY2022 (-12.98 pp) and 80.04% in FY2021 (-0.19 pp).
- The Q2 2026 figure represents the highest quarterly Gross Margin since Q3 2021.
- Year-over-year, Gross Margin has increased for six consecutive quarters, with an average year-over-year change of +1.77 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q2 2023 (a gain of 9.01 percentage points), and the weakest in Q2 2022 (a drop of 22.91 percentage points).
- Business Quant data shows ORIO's Gross Margin at 69.05% (Q1 2026), 69.93% (Q4 2025) and 69.49% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 166.01 Bn | 112.36 Bn | - | - |
| 2 | Spdr Gold Trust | 133.03 Bn | -424.98 Bn | - | - |
| 3 | Blackstone | 86.20 Bn | 81.13 Bn | - | - |
| 4 | Kkr | 83.71 Bn | 50.19 Bn | - | - |
| 5 | Brookfield | 81.54 Bn | -83.85 Bn | 4.47 Bn | 23.02% |
| 6 | Brookfield Asset Management | 71.09 Bn | 67.34 Bn | - | - |
| 7 | Apollo Global Management | 68.54 Bn | 6.22 Bn | 10.56 Bn | 94.67% |
| 8 | Wheaton Precious Metals | 61.57 Bn | 57.00 Bn | 687.86 Mn | 74.03% |
| 9 | Franco Nevada | 47.40 Bn | 44.76 Bn | 451.00 Mn | 77.64% |
| 10 | Orion Digital | 24.66 Mn | -65.02 Mn | 9.12 Mn | 74.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 74.86% |
| Mar 31, 2026 | 69.05% |
| Dec 31, 2025 | 69.93% |
| Sep 30, 2025 | 69.49% |
| Jun 30, 2025 | 71.97% |
| Mar 31, 2025 | 67.01% |
| Dec 31, 2024 | 63.08% |
| Sep 30, 2024 | 67.28% |
| Jun 30, 2024 | 67.49% |
| Mar 31, 2024 | 64.46% |
| Dec 31, 2023 | 66.81% |
| Sep 30, 2023 | 70.38% |
| Jun 30, 2023 | 74.61% |
| Mar 31, 2023 | 74.76% |
| Dec 31, 2022 | 68.49% |
| Sep 30, 2022 | 62.79% |
| Jun 30, 2022 | 65.59% |
| Mar 31, 2022 | 71.39% |
| Dec 31, 2021 | 72.34% |
| Sep 30, 2021 | 78.88% |
API Access
Orion Digital Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=ORIO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ORIO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ORIO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();