Dna X (SONM) Gross Margin (2018 - 2025)
Dna X (SONM) posted Gross Margin of 11.20% for Q3 2025, down 16.97 percentage points from 28.17% a year earlier but up 3.65 percentage points from the prior quarter.
Dna X (SONM) Gross Margin (2018 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, Gross Margin at Dna X was 18.33%, down 8.50 percentage points year-over-year; for FY2024, it was 17.02%, down 3.62 percentage points from FY2023.
- Annual Gross Margin shows a five-year change of -12.67 percentage points (FY2019 to FY2024).
- In prior years, Dna X's Gross Margin was 20.64% in FY2023 (+3.99 pp), 16.65% in FY2022 (+4.89 pp), 11.75% in FY2021 (-12.02 pp) and 23.77% in FY2020 (-5.91 pp).
- Quarterly Gross Margin has run from a low of -3.06% in Q4 2021 to a high of 49.97% in Q1 2025 over five years.
- On a year-over-year basis, Gross Margin increased in five of the last eight quarters, with an average year-over-year change of -0.23 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2025, with a gain of 32.67 percentage points; the weakest was Q4 2024, with a drop of 39.34 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 7.55% (Q2 2025), 49.97% (Q1 2025) and -1.22% (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - | - |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - | - |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - | - |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - | - |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn | 59.24% |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - | - |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - | - |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - | - |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn | 50.71% |
| 10 | Dna X | 6.80 Mn | 1.27 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 11.20% |
| Jun 30, 2025 | 7.55% |
| Mar 31, 2025 | 49.97% |
| Dec 31, 2024 | -1.22% |
| Sep 30, 2024 | 28.17% |
| Jun 30, 2024 | 25.78% |
| Mar 31, 2024 | 17.30% |
| Dec 31, 2023 | 38.12% |
| Sep 30, 2023 | 20.33% |
| Jun 30, 2023 | 16.49% |
| Mar 31, 2023 | 16.18% |
| Dec 31, 2022 | 16.30% |
| Sep 30, 2022 | 16.18% |
| Jun 30, 2022 | 23.81% |
| Mar 31, 2022 | 11.53% |
| Dec 31, 2021 | -3.06% |
| Sep 30, 2021 | 12.35% |
| Jun 30, 2021 | 22.20% |
| Mar 31, 2021 | 20.12% |
| Dec 31, 2020 | 23.55% |
Dna X 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=SONM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SONM", "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=SONM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();