RTB Digital (RTB) Operating Margin (2010 - 2025)
Ryvyl (RTB) reported Operating Margin of 130.76% for Q4 2025, up 12146.0% year-over-year from N/an in Q4 2024, and down 101.15% quarter-over-quarter from 65.0% in Q3 2025.
RTB Digital (RTB) Operating Margin (2010 - 2025) Analysis & Trends
Ryvyl (RTB) has 16 years of Operating Margin data on file, last reported at 130.76% in Q4 2025.
- Operating Margin for Q4 2025 came in at 130.76%, up 12146.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 40.85% (up 6080.0% YoY), and the FY2025 annual result was 118.12%, up 3177.0% from the prior year.
- Operating Margin eased to 130.76% in Q4 2025 per RTB's latest filing, from 65.0% in the prior quarter.
- Over five years, Operating Margin peaked at 66.55% in Q4 2021 and troughed at 448.96% in Q2 2024.
- A 5-year average of 95.16% and a median of 49.61% in 2021 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2021 and 2024: Operating Margin jumped 40373 bps in 2021, then sank 42520 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 66.55% in 2021, then slumped by 354 bps to 169.04% in 2022, then surged by 92 bps to 12.73% in 2023, then tumbled by 1882 bps to 252.22% in 2024, then surged by 48 bps to 130.76% in 2025.
- Business Quant data shows RTB's Operating Margin at 130.76% in Q4 2025, 65.0% in Q3 2025, and 118.07% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 262.33 Bn | 244.36 Bn | 8.16 Bn | 28.69% |
| 2 | Full Truck Alliance | 173.49 Bn | 170.93 Bn | - | - |
| 3 | Salesforce | 158.80 Bn | 146.96 Bn | 8.56 Bn | 21.08% |
| 4 | Shopify | 144.36 Bn | 138.62 Bn | 1.55 Bn | 12.05% |
| 5 | Uber Technologies | 144.25 Bn | 143.21 Bn | 11.88 Bn | 14.56% |
| 6 | ServiceNow | 118.74 Bn | 113.56 Bn | 2.83 Bn | 13.34% |
| 7 | Cadence Design Systems | 107.33 Bn | 105.92 Bn | 1.26 Bn | 29.26% |
| 8 | Adobe | 100.50 Bn | 93.61 Bn | 5.73 Bn | 37.79% |
| 9 | Automatic Data Processing | 92.49 Bn | 89.26 Bn | 2.87 Bn | -22.99% |
| 10 | RTB Digital | 2.57 Mn | 1.06 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -130.76% |
| Sep 30, 2025 | -65.00% |
| Jun 30, 2025 | -118.07% |
| Mar 31, 2025 | -5.60% |
| Dec 31, 2024 | -252.22% |
| Sep 30, 2024 | -129.38% |
| Jun 30, 2024 | -448.96% |
| Mar 31, 2024 | -11.36% |
| Dec 31, 2023 | -12.73% |
| Sep 30, 2023 | -13.52% |
| Jun 30, 2023 | -23.76% |
| Mar 31, 2023 | -32.59% |
| Dec 31, 2022 | -169.04% |
| Sep 30, 2022 | -29.41% |
| Jun 30, 2022 | -127.28% |
| Mar 31, 2022 | -168.10% |
| Dec 31, 2021 | 66.55% |
| Sep 30, 2021 | -34.23% |
| Jun 30, 2021 | -0.56% |
| Mar 31, 2021 | -197.14% |