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Bitfarms (BITF) Cost of Revenue: 2020-2024

Historic Cost of Revenue for Bitfarms (BITF) over the last 5 years, with Dec 2024 value amounting to $225.2 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.
  • According to the latest figures from FY2024, Bitfarms' Cost of Revenue is $225.2 million, which was up 34.18% from $167.9 million recorded in FY2023.
  • Bitfarms' 5-year Cost of Revenue high stood at $225.2 million for FY2024, and its period low was $31.8 million during FY2020.
  • For the 3-year period, Bitfarms' Cost of Revenue averaged around $175.0 million, with its median value being $167.9 million (2023).
  • Data for Bitfarms' Cost of Revenue shows a peak YoY soared of 125.99% (in 2022) over the last 5 years.
  • Yearly analysis of 5 years shows Bitfarms' Cost of Revenue stood at $31.8 million in 2020, then skyrocketed by 83.38% to $58.4 million in 2021, then skyrocketed by 125.99% to $131.9 million in 2022, then rose by 27.26% to $167.9 million in 2023, then skyrocketed by 34.18% to $225.2 million in 2024.