Sphere 3DANY -6.64%58 FCF Margin % is -194.05% as of Mar. 2026. GuruFocus rates ANY with a GF Score™ of 58/100 and a GF Value™ of $3.00 (Fairly Valued). The stock has 4 warning signs investors should review. Among 771 Capital Markets companies, Sphere 3D ranks worse than 88.85% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Sphere 3D's Free Cash Flow for the
three
months ended in Mar. 2026 was $-3.72 Mil. Sphere 3D's Revenue for the
three
months ended in Mar. 2026 was $1.92 Mil. Therefore, Sphere 3D's FCF Margin % for the quarter that ended in Mar. 2026 was -194.05%.
The historical rank and industry rank for Sphere 3D's FCF Margin % or its related term are showing as below:
ANY'
s FCF Margin % Range Over the Past 10 Years
Min: -3514.95 Med: -76.77 Max: -23.18
Current: -216.26
During the past 13 years, the highest FCF Margin % of Sphere 3D was -23.18%. The lowest was -3514.95%. And the median was -76.77%.
ANY's FCF Margin % is ranked worse than 88.85% of 771
companies
in the Capital Markets industry
Industry Median: 1.02
vs ANY: -216.26
Sphere 3D FCF Margin % Related Terms
Sphere 3D FCF Margin % Historical Data
* Premium members only.
The historical data trend for Sphere 3D's FCF Margin % 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.
For the Capital Markets subindustry, Sphere 3D's FCF Margin %, along with its competitors' market caps and FCF Margin % 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.
Sphere 3D FCF Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Sphere 3D's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Sphere 3D's FCF Margin % falls into.
* 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.
Sphere 3D (ANY) has a FCF Margin % of -194.05% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Sphere 3D and its competitors. According to the industry distribution chart, Sphere 3D ranks #685 out of 771 companies in the Capital Markets industry, placing it in the top 88.8%.
Is Sphere 3D's FCF Margin % too high?
Sphere 3D's current FCF Margin % is -194.05%. Based on the distribution chart, Sphere 3D ranks #685 out of 771 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Sphere 3D has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sphere 3D's FCF Margin % compare to NCPL and MEGL?
According to the Capital Markets industry distribution chart, Sphere 3D ranks #685 out of 771 companies for FCF Margin %. This places Sphere 3D in the lower half of its industry. The industry median FCF Margin % is 1.02. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Capital Markets company?
The median FCF Margin % among Capital Markets companies is 1.02, based on 771 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Sphere 3D and its competitors. For the Capital Markets industry, the median FCF Margin % is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sphere 3D's current FCF Margin % is -194.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sphere 3D stock overvalued right now?
Based on GuruFocus' analysis, Sphere 3D (ANY) is currently considered Fairly Valued. The stock's GF Value™ is $3.00, compared to a current price of $2.74 — trading 8.7% below its estimated fair value. The current FCF Margin % is -194.05%. Sphere 3D's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Sphere 3D (ANY), the current FCF Margin % is -194.05% 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.
Is Sphere 3D (ANY) Overvalued in 2026?
Based on GuruFocus' analysis, Sphere 3D stock appears to be undervalued.
The current stock price of $2.74 is trading 8.7% below its estimated GF Value™ of $3.00.
GuruFocus considers Sphere 3D to be Fairly Valued.
Key valuation signals for ANY:
FCF Margin %: -194.05%
GF Value™: $3.00 vs. price of $2.74 (8.7% below fair value)
No single metric tells the full story. See the ANY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sphere 3D Corp is engaged in the Bitcoin mining business. The company has established an enterprise-scale mining operation through the procurement of mining equipment and partnering with experienced service providers. It generates revenue from mining and selling Bitcoin.
58GF Score
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