RTB Digital (RTB) Gross Margin (2011 - 2025)
Ryvyl (RTB) reported Gross Margin of 47.48% for Q4 2025, up 842.0% year-over-year from 5.04% in Q4 2024, and down 5.05% quarter-over-quarter from 50.0% in Q3 2025.
RTB Digital (RTB) Gross Margin (2011 - 2025) Analysis & Trends
Ryvyl (RTB) has 15 years of Gross Margin data on file, last reported at 47.48% in Q4 2025.
- Gross Margin for Q4 2025 came in at 47.48%, up 842.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 45.34% (up 468.0% YoY), and the FY2025 annual result was 47.68%, up 697.0% from the prior year.
- Gross Margin eased to 47.48% in Q4 2025 per RTB's latest filing, from 50.0% in the prior quarter.
- Over five years, Gross Margin peaked at 79.25% in Q2 2021 and troughed at 33.64% in Q4 2021.
- A 5-year average of 46.73% and a median of 42.86% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2021 and 2022: Gross Margin jumped 9855 bps in 2021, then sank 3998 bps in 2022.
- A 5-year view of Gross Margin shows it stood at 33.64% in 2021, then jumped by 52 bps to 50.98% in 2022, then sank by 31 bps to 35.04% in 2023, then gained by 11 bps to 39.05% in 2024, then gained by 22 bps to 47.48% in 2025.
- Business Quant data shows RTB's Gross Margin at 47.48% in Q4 2025, 50.0% in Q3 2025, and 43.8% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 262.33 Bn | 244.36 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 173.49 Bn | 170.93 Bn | - | - |
| 3 | Salesforce | 158.80 Bn | 146.96 Bn | 8.56 Bn | 76.92% |
| 4 | Shopify | 144.36 Bn | 138.62 Bn | 1.55 Bn | 48.77% |
| 5 | Uber Technologies | 144.25 Bn | 143.21 Bn | 11.88 Bn | 89.96% |
| 6 | ServiceNow | 118.74 Bn | 113.56 Bn | 2.83 Bn | 75.07% |
| 7 | Cadence Design Systems | 107.33 Bn | 105.92 Bn | 1.26 Bn | 85.65% |
| 8 | Adobe | 100.50 Bn | 93.61 Bn | 5.73 Bn | 89.62% |
| 9 | Automatic Data Processing | 92.49 Bn | 89.26 Bn | 2.87 Bn | 48.28% |
| 10 | RTB Digital | 2.57 Mn | 1.06 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 47.48% |
| Sep 30, 2025 | 50.00% |
| Jun 30, 2025 | 43.80% |
| Mar 31, 2025 | 44.37% |
| Dec 31, 2024 | 39.05% |
| Sep 30, 2024 | 37.68% |
| Jun 30, 2024 | 37.89% |
| Mar 31, 2024 | 41.92% |
| Dec 31, 2023 | 35.04% |
| Sep 30, 2023 | 38.22% |
| Jun 30, 2023 | 41.24% |
| Mar 31, 2023 | 45.28% |
| Dec 31, 2022 | 50.98% |
| Sep 30, 2022 | 59.24% |
| Jun 30, 2022 | 39.28% |
| Mar 31, 2022 | 33.97% |
| Dec 31, 2021 | 33.64% |
| Sep 30, 2021 | 69.91% |
| Jun 30, 2021 | 79.25% |
| Mar 31, 2021 | 66.44% |