Cash Flow Statement
Growth Metrics

Ryvyl (RVYL) Gross Margin (2016 - 2025)

Ryvyl's Gross Margin history spans 15 years, with the latest figure at 47.48% for Q4 2025.

  • Quarterly results put Gross Margin at 47.48% for Q4 2025, up 842.0% from a year ago — trailing twelve months through Dec 2025 was 45.34% (up 468.0% YoY), and the annual figure for FY2025 was 47.68%, up 697.0%.
  • Gross Margin for Q4 2025 was 47.48% at Ryvyl, down from 50.0% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 79.25% in Q2 2021 to a low of 33.64% in Q4 2021.
  • The 5-year median for Gross Margin is 42.86% (2025), against an average of 46.73%.
  • The sharpest move saw Gross Margin soared 9855bps in 2021, then tumbled -3998bps in 2022.
  • Year by year, Gross Margin stood at 33.64% in 2021, then soared by 52bps to 50.98% in 2022, then tumbled by -31bps to 35.04% in 2023, then rose by 11bps to 39.05% in 2024, then rose by 22bps to 47.48% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods came in at 47.48%, 50.0%, and 43.8% for Q4 2025, Q3 2025, and Q2 2025 respectively.