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 | 333.21 Bn | 173.07 Bn | - | - |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 104.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | - |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 412.47 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 93.63 Mn |
| 10 | Bit Digital | 528.56 Mn | 436.38 Mn | 18.58 Mn | 13.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.54 Mn |
| Jun 30, 2026 | 13.54 Mn |
| 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 |