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Nakamoto, Inc. NAKA Return on invested capital

Return on invested capital at other companies

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MicroStrategyMSTR
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Marathon Digital HoldingsMARA
-34.8%-122pp
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Coinbase Global, Inc.COIN
12.6%-191pp
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-95%
EMP
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Soluna Holdings, Inc.SLNH
-75.2%-10.5pp

Other financials

Income statement

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Revenue$1.6M+177%
Operating income-$126.2M-12,008%
Net income-$238.8M-22,903%
EPS (diluted)-$0.38-124%

Balance sheet

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Cash & equivalents$35.3M+2,994%
Total debt$496.0K-37.6%
Total equity$367.1M+23,907%
Total assets$620.8M+24,115%

Cash flow

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Operating cash flow-$23.3M-2,592%
CapEx$2.0
Free cash flow-$901.5K-332%

Valuation

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Market cap$68.74M-39.6%
P/S24.1×-26.7×

Profitability

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Operating margin-11,313%-11,486pp
Net margin-4,568.7%-4,676pp
FCF margin-113.5%-131pp

Returns & leverage

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Return on equity-37.6%
Debt / equity-0.3×
Current ratio0.3×-2.0×

Where this comes from

Calculated from Nakamoto, Inc. ’s reported figures.

Based on trailing twelve months.

The official record: Nakamoto, Inc. ’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nakamoto, Inc. 's return on invested capital?
Nakamoto, Inc. (NAKA) reported return on invested capital of -79.9% in Q4 2025.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.