On April 19, venture capitalist Tomasz Tunguz stated that Ethereum was the most profitable software company in Q1 2024, generating $369 million in profit on $825 million in revenue, equating to about a 45% net income margin.

If Ethereum were to trade on the New York Stock Exchange or the NASDAQ, it would top the net income margin (%) charts, surpassing Microsoft, Adobe, and Veeva.