Solai (SLAIY) Gross Margin (2012 - 2026)
Solai (SLAIY) recorded Gross Margin of -33.47% in the quarter ended Mar 31, 2026, up 4.83 percentage points from -38.30% a year earlier and up 5.60 percentage points from the prior quarter.
Solai (SLAIY) Gross Margin (2012 - 2026) Analysis & Trends
On a TTM basis, Solai's Gross Margin came in at -44.87% as of Mar 31, 2026, down 33.90 percentage points year-over-year; for the year ended Dec 31, 2025, it was -46.91%, down 55.98 percentage points from the prior year.
- Annual Gross Margin has a five-year change of +585.34 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Gross Margin came in at 9.07% in the year ended Dec 31, 2024 (+2.00 pp), 7.07% in the year ended Dec 31, 2023 (+14.38 pp), -7.31% in the year ended Dec 31, 2022 (-33.83 pp) and 26.52% in the year ended Dec 31, 2021 (+658.77 pp).
- The figure for the quarter ended Mar 31, 2026 is the highest quarterly Gross Margin since the quarter ended Dec 31, 2024.
- On a year-over-year basis, Gross Margin rose in 1 of the last five quarters, with an average year-over-year change of -20.88 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 134.45 percentage points in the quarter ended Dec 31, 2023, against a drop of 130.33 percentage points in the quarter ended Dec 31, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -39.07% (quarter ended Dec 31, 2025), -57.23% (quarter ended Sep 30, 2025) and -62.92% (quarter ended Jun 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.12 Bn | 6.93 Bn | - | - |
| 2 | PayPal Holdings | 46.45 Bn | 4.68 Bn | - | - |
| 3 | Block | 44.49 Bn | 15.75 Bn | 3.17 Bn | 47.84% |
| 4 | Iren | 31.49 Bn | 19.08 Bn | 103.89 Mn | 75.71% |
| 5 | Corpay | 25.78 Bn | 15.98 Bn | - | - |
| 6 | Fiserv | 24.12 Bn | 20.82 Bn | 2.90 Bn | 54.74% |
| 7 | Global Payments | 22.15 Bn | 588.57 Mn | 2.03 Bn | 61.04% |
| 8 | Bitmine Immersion Technologies | 15.50 Bn | 12.88 Bn | 40.81 Mn | 87.70% |
| 9 | Guidewire Software | 11.68 Bn | 8.25 Bn | 269.68 Mn | 65.60% |
| 10 | Solai | 5.23 Mn | -2.72 Mn | -2.65 Mn | -33.47% |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -33.47% |
| Dec 31, 2025 | -39.07% |
| Sep 30, 2025 | -57.23% |
| Jun 30, 2025 | -62.92% |
| Mar 31, 2025 | -38.30% |
| Dec 31, 2024 | 3.26% |
| Sep 30, 2024 | -35.18% |
| Dec 31, 2023 | 5.42% |
| Sep 30, 2023 | 7.53% |
| Jun 30, 2023 | 1.51% |
| Mar 31, 2023 | 1.60% |
| Dec 31, 2022 | -129.03% |
| Sep 30, 2022 | -8.57% |
| Jun 30, 2022 | -0.22% |
| Mar 31, 2022 | 2.96% |
| Dec 31, 2021 | 1.30% |
| Sep 30, 2021 | -2.98% |
| Jun 30, 2021 | 75.05% |
| Mar 31, 2021 | 65.38% |
| Dec 31, 2020 | 84.38% |
Solai 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=SLAIY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SLAIY", "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=SLAIY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();