Upexi (UPXI) Gross Margin (2020 - 2026)
Upexi (UPXI) posted Gross Margin of 95.99% for fiscal Q4 2026 (quarter ended Jun 30, 2026), up 16.60 percentage points from 79.39% a year earlier and up 0.52 percentage points from the prior quarter.
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Analysis
Upexi (UPXI) Gross Margin (2020 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Upexi's Gross Margin came in at 89.48%, up 20.74 percentage points from FY2025.
- Annual Gross Margin shows a five-year change of +40.09 percentage points (FY2021 to FY2026).
- In prior fiscal years, Upexi's Gross Margin was 68.74% in FY2025 (+19.41 pp), 49.32% in FY2024 (-8.36 pp), 57.68% in FY2023 (-6.79 pp) and 64.47% in FY2022 (+15.08 pp).
- The fiscal Q4 2026 figure stands as the highest quarterly Gross Margin in data going back to fiscal Q1 2021.
- On a year-over-year basis, Gross Margin has increased in each of the last eight quarters, with an average year-over-year change of +22.80 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q4 2025, with a gain of 48.43 percentage points; the weakest was fiscal Q2 2023, with a drop of 48.01 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 95.47% (Q3 2026), 83.35% (Q2 2026) and 89.65% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | - |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | - |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 47.84% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 75.71% |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | - |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 54.74% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 61.04% |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | 87.70% |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 65.60% |
| 10 | Upexi | 75.61 Mn | 62.50 Mn | 3.02 Mn | 95.99% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 95.99% |
| Mar 31, 2026 | 95.47% |
| Dec 31, 2025 | 83.35% |
| Sep 30, 2025 | 89.65% |
| Jun 30, 2025 | 79.39% |
| Mar 31, 2025 | 49.33% |
| Dec 31, 2024 | 74.25% |
| Sep 30, 2024 | 67.26% |
| Jun 30, 2024 | 30.96% |
| Mar 31, 2024 | 24.27% |
| Dec 31, 2023 | 61.20% |
| Sep 30, 2023 | 65.62% |
| Mar 31, 2023 | 34.63% |
| Dec 31, 2022 | 37.72% |
| Sep 30, 2022 | 51.85% |
| Jun 30, 2022 | 47.73% |
| Mar 31, 2022 | 75.19% |
| Dec 31, 2021 | 85.73% |
| Sep 30, 2021 | 67.14% |
| Jun 30, 2021 | 49.35% |
API Access
Upexi 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=UPXI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "UPXI", "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=UPXI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();