ARBK (Argo Blockchain) Gross Margin %: 6.96% (As of Dec. 2025) — 64% Below Median


ARBK Argo Blockchain PLC ARBK
50 GF Score
Price $3.57
GF Value $33.10
Valuation Possible Value Trap
! 5 Warning Signs
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What is Argo Blockchain Gross Margin %?

Argo Blockchain ARBK +7.97% 50 Gross Margin % is 6.96% as of Dec. 2025, which is 64% below its 10-year median of 19.38. GuruFocus rates ARBK with a GF Score™ of 50/100 and a GF Value™ of $33.10 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 617 Capital Markets companies, Argo Blockchain ranks worse than 85.09% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Argo Blockchain's Gross Profit for the six months ended in Dec. 2025 was $0.64 Mil. Argo Blockchain's Revenue for the six months ended in Dec. 2025 was $9.24 Mil. Therefore, Argo Blockchain's Gross Margin % for the quarter that ended in Dec. 2025 was 6.96%.

Warning Sign:

Argo Blockchain PLC gross margin has been in long-term decline. The average rate of decline per year is -47.9%.


The historical rank and industry rank for Argo Blockchain's Gross Margin % or its related term are showing as below:

ARBK' s Gross Margin % Range Over the Past 10 Years
Min: 1.85   Med: 19.38   Max: 70.1
Current: 1.85


During the past 8 years, the highest Gross Margin % of Argo Blockchain was 70.10%. The lowest was 1.85%. And the median was 19.38%.

ARBK's Gross Margin % is ranked worse than
85.09% of 617 companies
in the Capital Markets industry
Industry Median: 48.3 vs ARBK: 1.85

Argo Blockchain had a gross margin of 6.96% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Argo Blockchain was -47.90% per year.


Argo Blockchain  (NAS:ARBK) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Argo Blockchain had a gross margin of 6.96% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Argo Blockchain Gross Margin % Related Terms


Argo Blockchain Gross Margin % Historical Data

* Premium members only.

The historical data trend for Argo Blockchain's Gross 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.

Argo Blockchain Gross Margin % Chart

Argo Blockchain Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 70.10 19.38 5.37 3.00 1.85

Argo Blockchain Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Margin % 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 13.79 5.84 -1.88 -5.67 6.96

ARBK vs FLD, PLUT, MATH: Gross Margin % Comparison

For the Capital Markets subindustry, Argo Blockchain's Gross Margin %, along with its competitors' market caps and Gross 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.


Argo Blockchain Gross Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Argo Blockchain's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Argo Blockchain's Gross Margin % falls into.


ARBK
50GF Score
Argo Blockchain PLC ARBK
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Argo Blockchain Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Argo Blockchain's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=0.3 / 15.521
=(Revenue - Cost of Goods Sold) / Revenue
=(15.521 - 15.234) / 15.521
=1.85 %

Argo Blockchain's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=0.6 / 9.24
=(Revenue - Cost of Goods Sold) / Revenue
=(9.24 - 8.597) / 9.24
=6.96 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 6.96% mean?
Argo Blockchain (ARBK) has a Gross Margin % of 6.96% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Argo Blockchain and its competitors. This is 64% below median its historical median of 19.38. Over the past decade, Argo Blockchain's Gross Margin % has ranged from 1.85 to 70.10. According to the industry distribution chart, Argo Blockchain ranks #525 out of 617 companies in the Capital Markets industry, placing it in the top 85.1%.
Is Argo Blockchain's Gross Margin % too high?
Argo Blockchain's current Gross Margin % of 6.96% is 64% below median its 10-year median of 19.38. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 70.10. The Capital Markets industry median Gross Margin % is 48.30. Argo Blockchain's value of 6.96% is 85.6% below this industry median. Based on the distribution chart, Argo Blockchain ranks #525 out of 617 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Argo Blockchain has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Argo Blockchain's Gross Margin % compare to FLD and PLUT?
According to the Capital Markets industry distribution chart, Argo Blockchain ranks #525 out of 617 companies for Gross Margin %. This places Argo Blockchain in the lower half of its industry. The industry median Gross Margin % is 48.30. Argo Blockchain's value of 6.96% is 85.6% below this benchmark. Historically, Argo Blockchain's own Gross Margin % has ranged from 1.85 to 70.10 over the past decade. While the company's 10-year median is 19.38 vs. the industry median of 48.30, Argo Blockchain has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Capital Markets company?
The median Gross Margin % among Capital Markets companies is 48.30, based on 617 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Argo Blockchain's current Gross Margin % of 6.96% is 85.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Argo Blockchain and its competitors. For the Capital Markets industry, the median Gross Margin % is 48.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Blockchain's current Gross Margin % is 6.96%, which is 64% below median its own 10-year median of 19.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Blockchain stock overvalued right now?
Based on GuruFocus' analysis, Argo Blockchain (ARBK) is currently considered Possible Value Trap. The stock's GF Value™ is $33.10, compared to a current price of $3.57 — trading 89.2% below its estimated fair value. The current Gross Margin % is 6.96%, which is 64% below median its 10-year median of 19.38 and 85.6% below the Capital Markets industry median of 48.30. Argo Blockchain's overall GF Score™ is 50/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Argo Blockchain (ARBK), the current Gross Margin % is 6.96% as of Dec. 2025. 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 Argo Blockchain (ARBK) Overvalued in 2026?

Based on GuruFocus' analysis, Argo Blockchain stock appears to be undervalued. The current stock price of $3.57 is trading 89.2% below its estimated GF Value™ of $33.10. GuruFocus considers Argo Blockchain to be Possible Value Trap.

Key valuation signals for ARBK:

  • Gross Margin %: 6.96% (64% below median its 10-year median of 19.38)
  • GF Value™: $33.10 vs. price of $3.57 (89.2% below fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 85.6% below the Capital Markets median (#525 of 617)

No single metric tells the full story. See the ARBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Argo Blockchain Business Description

Address 27/28 Eastcastle Street, Eastcastle House, London, GBR, W1W 8DH
Argo Blockchain PLC is a blockchain technology company focused on the large-scale mining of Bitcoin. It mines bitcoin using purpose-built computers (or mining machines) to solve complex cryptographic algorithms on the blockchain in exchange for rewards and fees denominated in the native token of that blockchain network. The company acquires and deploys mining technology solutions in North American facilities that utilize predominantly renewable and inexpensive electricity.
50GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.57
Price
$33.10
GF Value