Sphere 3DANY +0.73%58 Pretax Margin % is -214.25% as of Mar. 2026. GuruFocus rates ANY with a GF Score™ of 58/100 and a GF Value™ of $3.00 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 774 Capital Markets companies, Sphere 3D ranks worse than 91.73% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sphere 3D's Pre-Tax Income for the
three
months ended in Mar. 2026 was $-4.11 Mil. Sphere 3D's Revenue for the
three
months ended in Mar. 2026 was $1.92 Mil. Therefore, Sphere 3D's pretax margin for the quarter that ended in Mar. 2026 was -214.25%.
The historical rank and industry rank for Sphere 3D's Pretax Margin % or its related term are showing as below:
ANY'
s Pretax Margin % Range Over the Past 10 Years
Min: -3171.73 Med: -124.14 Max: -56.12
Current: -163.42
ANY's Pretax Margin % is ranked worse than 91.73% of 774
companies
in the Capital Markets industry
Industry Median: 20.32
vs ANY: -163.42
Sphere 3D (NAS:ANY) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Sphere 3D Pretax Margin % Related Terms
Sphere 3D Pretax Margin % Historical Data
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The historical data trend for Sphere 3D's Pretax 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.
ANY vs NCPL, MEGL, ITEX: Pretax Margin % Comparison
For the Capital Markets subindustry, Sphere 3D's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Sphere 3D's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Sphere 3D's Pretax 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 Pretax Margin % of -214.25% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Sphere 3D and its competitors. According to the industry distribution chart, Sphere 3D ranks #710 out of 774 companies in the Capital Markets industry, placing it in the top 91.7%.
Is Sphere 3D's Pretax Margin % too high?
Sphere 3D's current Pretax Margin % is -214.25%. Based on the distribution chart, Sphere 3D ranks #710 out of 774 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 Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sphere 3D's Pretax Margin % compare to NCPL and MEGL?
According to the Capital Markets industry distribution chart, Sphere 3D ranks #710 out of 774 companies for Pretax Margin %. This places Sphere 3D in the lower half of its industry. The industry median Pretax Margin % is 20.32. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.32, based on 774 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Sphere 3D and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sphere 3D's current Pretax Margin % is -214.25%. 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 Modestly Undervalued. The stock's GF Value™ is $3.00, compared to a current price of $2.76 — trading 8% below its estimated fair value. The current Pretax Margin % is -214.25%. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Sphere 3D (ANY), the current Pretax Margin % is -214.25% 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 $2.76 is trading 8% below its estimated GF Value™ of $3.00.
GuruFocus considers Sphere 3D to be Modestly Undervalued.
Key valuation signals for ANY:
Pretax Margin %: -214.25%
GF Value™: $3.00 vs. price of $2.76 (8% 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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