Payward Q3 Margin Drops 12% to $487 Million During Expansion

Community Trust Score Verified 88 % Real Verified 16 votes Updated 9 minutes ago Payward, the parent company of cryptocurrency exchange Kraken , reported total platform margin of $487 million for the third quarter of 2026, according to Bitcoinist. The figure represents a 12% decline compared to the same period in 2025, though it marks a 12% increase from the previous quarter. The company uses total platform margin as its primary revenue metric, a calculation that deducts trading costs and staking rewards paid to customers. This metric differs from adjusted revenue, which Payward no longer highlights as its top-line indicator.