Cash Flow Statement
Growth Metrics

Ryvyl (RVYL) Operating Margin (2016 - 2025)

Ryvyl's Operating Margin history spans 16 years, with the latest figure at 130.76% for Q4 2025.

  • Quarterly results put Operating Margin at 130.76% for Q4 2025, up 12146.0% from a year ago — trailing twelve months through Dec 2025 was 40.85% (up 6080.0% YoY), and the annual figure for FY2025 was 118.12%, up 3177.0%.
  • Operating Margin for Q4 2025 was 130.76% at Ryvyl, down from 65.0% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 66.55% in Q4 2021 to a low of 448.96% in Q2 2024.
  • The 5-year median for Operating Margin is 49.61% (2021), against an average of 95.16%.
  • The sharpest move saw Operating Margin soared 40373bps in 2021, then tumbled -42520bps in 2024.
  • Year by year, Operating Margin stood at 66.55% in 2021, then crashed by -354bps to 169.04% in 2022, then skyrocketed by 92bps to 12.73% in 2023, then tumbled by -1882bps to 252.22% in 2024, then skyrocketed by 48bps to 130.76% in 2025.
  • According to Business Quant data, Operating Margin over the past three periods came in at 130.76%, 65.0%, and 118.07% for Q4 2025, Q3 2025, and Q2 2025 respectively.