Company / Gross Margin
Sphere 3D Corp. Gross Margin History
FY2017-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
27.2%
FY2023
5-year range
18.6% / 43.8%
FY2019-FY2023
Trend
-37.8%
vs FY2022
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Improved from 18.6% to 27.2% over the past 4 years.
Based on SEC 10-K filings.
27.2% in FY2023 with a 5-year CAGR of +2.3%.
Improved from 18.6% to 27.2% over the past 4 years.
Gross Margin over time
Growth rates
- 3-Year Change
- -
- 5-Year Change
- +2.3pp
- 10-Year Change
- -
Key checks
Key Insights
- In FY2023, gross margin decreased 37.8% year-over-year.
- Peak gross margin was recorded in FY2022.
- Lowest gross margin in the period was in FY2019.
Company context
Key Data Points
- Altman Z-Score -12.83 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | 27.2% | -37.8% |
| FY2022 | 43.8% | +135.4% |
| FY2019 | 18.6% | -25.5% |
| FY2018 | 25.0% | -14.6% |
| FY2017 | 29.2% | - |
As of FY2023 · SEC 10-K · Updated Jun 24, 2026