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Bitfarms (BITF) Cost of Revenue: 2020-2025

Historic Cost of Revenue for Bitfarms (BITF) over the last 6 years, with Sep 2025 value amounting to $72.1 million.

  • Bitfarms' Cost of Revenue rose 148.10% to $72.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $330.6 million, marking a year-over-year increase of 76.41%. This contributed to the annual value of $225.2 million for FY2024, which is 34.18% up from last year.
  • Per Bitfarms' latest filing, its Cost of Revenue stood at $72.1 million for Q3 2025, which was down 13.39% from $83.3 million recorded in Q2 2025.
  • In the past 5 years, Bitfarms' Cost of Revenue registered a high of $107.8 million during Q4 2024, and its lowest value of $9.1 million during Q1 2021.
  • Over the past 3 years, Bitfarms' median Cost of Revenue value was $52.8 million (recorded in 2024), while the average stood at $58.3 million.
  • In the last 5 years, Bitfarms' Cost of Revenue surged by 155.39% in 2022 and then plummeted by 33.11% in 2024.
  • Bitfarms' Cost of Revenue (Quarterly) stood at $20.6 million in 2021, then soared by 89.79% to $39.1 million in 2022, then rose by 13.71% to $44.5 million in 2023, then surged by 142.26% to $107.8 million in 2024, then surged by 148.10% to $72.1 million in 2025.
  • Its Cost of Revenue was $72.1 million in Q3 2025, compared to $83.3 million in Q2 2025 and $67.4 million in Q1 2025.