Bit Digital (BTBT) Cost of Revenue (2021 - 2026)

Bit Digital (BTBT) posted Cost of Revenue of $3.3 million for Q1 2026, down 4.33% sequentially from $3.4 million in Q4 2025, and up 495.69% YoY from $545836.0 in Q1 2025.

Bit Digital (BTBT) Cost of Revenue (2021 - 2026) Analysis & Trends

Bit Digital has reported Cost of Revenue for 5 years, with the latest figure at $3.3 million in Q1 2026.

  • Quarterly Cost of Revenue rose 495.69% year-over-year to $3.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $13.0 million (down 67.26% YoY) and the FY2025 annual result came in at $22.2 million, down 47.54% from the prior year.
  • Cost of Revenue eased to $3.3 million in Q1 2026 per BTBT's latest filing, from $3.4 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $29.1 million in Q4 2024 and troughed at $29633.0 in Q2 2025.
  • A 4-year average of $6.6 million and a median of $4.6 million in 2024 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2025 and 2026: Cost of Revenue sank 99.36% in 2025, then surged 495.69% in 2026.
  • Over 4 years, Cost of Revenue stood at $6.0 million in 2022, then jumped by 383.16% to $29.1 million in 2024, then plunged by 88.32% to $3.4 million in 2025, then dropped by 4.33% to $3.3 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $3.3 million, $3.4 million, and $6.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - -
2 Goldman Sachs 316.34 Bn -660.01 Bn - -
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 19.32 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 104.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 39.93 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - -
10 Bit Digital 467.32 Mn 523.49 Mn 24.67 Mn 3.25 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.25 Mn
Mar 31, 2026 3.25 Mn
Dec 31, 2025 3.40 Mn
Dec 31, 2025 3.40 Mn
Sep 30, 2025 6.31 Mn
Sep 30, 2025 6.31 Mn
Jun 30, 2025 29,633.00
Jun 30, 2025 29,633.00
Mar 31, 2025 545,836.00
Mar 31, 2025 545,836.00
Dec 31, 2024 29.09 Mn
Dec 31, 2024 29.09 Mn
Sep 30, 2024 5.46 Mn
Sep 30, 2024 5.46 Mn
Jun 30, 2024 4.60 Mn
Jun 30, 2024 4.60 Mn
Mar 31, 2024 12.98 Mn
Mar 31, 2024 12.98 Mn
Dec 31, 2022 6.02 Mn
Dec 31, 2022 6.02 Mn