NAKA (Nakamoto) EBIT: $-278.69 Mil (TTM As of Mar. 2026)


NAKA Nakamoto Inc NAKA
6 GF Score
Price $3.95
! 6 Warning Signs
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What is Nakamoto EBIT?

Nakamoto NAKA 6 EBIT is $-278.69 Mil as of Mar. 2026. GuruFocus rates NAKA with a GF Score™ of 6/100. The stock has 6 warning signs investors should review.

Nakamoto's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-234.56 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-278.69 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nakamoto's annualized ROC % for the quarter that ended in Mar. 2026 was -119.52%. Nakamoto's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -963.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nakamoto's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -114.60%.

Nakamoto  (NAS:NAKA) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Nakamoto's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-904.116 * ( 1 - 0% )/( (716.917 + 795.948)/ 2 )
=-904.116/756.4325
=-119.52 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=730.608 - 5.859 - ( 22.583 - max(0, 215.985 - 223.817+22.583))
=716.917

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=620.761 - 13.093 - ( 35.3 - max(0, 251.699 - 63.419+35.3))
=795.948

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Nakamoto's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-938.224/( ( (0 + max(194.807, 0)) + (0 + max(-19.721, 0)) )/ 2 )
=-938.224/( ( 194.807 + 0 )/ 2 )
=-938.224/97.4035
=-963.23 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.003 + 0 + 201.231) - (5.859 + 0 + 0.56800000000001)
=194.807

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 22.238) - (13.093 + 23.118 + 5.748)
=-19.721

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Nakamoto's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-278.693/243.178
=-114.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nakamoto EBIT Related Terms

Nakamoto EBIT Historical Data

* Premium members only.

The historical data trend for Nakamoto's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nakamoto EBIT Chart

Nakamoto Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
0.06 -2.54 -1.56 -3.22 -45.17

Nakamoto Quarterly Data
Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.03 -2.41 -86.04 44.31 -234.56

NAKA vs CURN, BMHL, SRL: EBIT Comparison

For the Capital Markets subindustry, Nakamoto's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nakamoto EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nakamoto's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nakamoto's EV-to-EBIT falls into.


NAKA
6GF Score
Nakamoto Inc NAKA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Nakamoto EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-278.69 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-278.69 Mil mean?
Nakamoto (NAKA) has a EBIT of $-278.69 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nakamoto.
Is Nakamoto's EBIT too high?
Nakamoto's current EBIT is $-278.69 Mil. Overall, Nakamoto has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Nakamoto's EBIT compare to CURN and BMHL?
Nakamoto's EBIT of $-278.69 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Capital Markets company?
A good EBIT depends on the Capital Markets industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nakamoto. Nakamoto's current EBIT is $-278.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nakamoto stock overvalued right now?
Nakamoto (NAKA) has a current EBIT of $-278.69 Mil. The current EBIT is $-278.69 Mil. Nakamoto's overall GF Score™ is 6/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Nakamoto (NAKA), the current EBIT is $-278.69 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nakamoto Business Description

Address 300 10th Avenue South, Nashville, TN, USA, 37203
Nakamoto Inc is a Bitcoin company building a world-wide portfolio of Bitcoin-native companies to provide commercial and financial infrastructure for the next generation of capital markets. The firm has two principal business segments: Bitcoin Operations, which houses its Bitcoin treasury and is utilized to support investments in other Bitcoin-related companies; Healthcare Operations, which provides a patient-focused healthcare experience that provides patients personalized solutions in order to reduce opioid use and improve health outcomes. The company generates the majority of its revenue from the Healthcare Operations.
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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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