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

Bit Digital's (BTBT) quarterly Cost of Revenue came in at $6.8 million in Q1 2026, up 11.5% year-on-year from $6.1 million in Q1 2025, and up 99.72% quarter-over-quarter from $3.4 million in Q4 2025.

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

Bit Digital has disclosed Cost of Revenue across 5 years of filings, most recently posting $6.8 million for Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $6.8 million, up 11.5% year-over-year; the trailing twelve-month figure through Mar 2026 was $15.9 million (up 751.82% YoY), and the FY2025 annual result was $22.2 million, up 13.76% from the prior year.
  • Cost of Revenue came in at $6.8 million for Q1 2026 at Bit Digital, up from $3.4 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $6.8 million in Q1 2026 to a low of -$14.0 million in Q4 2024.
  • The 4-year median for Cost of Revenue is $4.3 million (2022), against an average of $2.6 million.
  • Across the five-year window, Cost of Revenue sank 67.07% in 2022 and jumped 36947.4% in 2025, its largest moves.
  • Bit Digital's Cost of Revenue stood at $6.0 million in 2022, then plunged by 332.7% to -$14.0 million in 2024, then surged by 124.25% to $3.4 million in 2025, then surged by 99.72% to $6.8 million in 2026.
  • The last three Cost of Revenue figures came in at $6.8 million (Q1 2026), $3.4 million (Q4 2025), and $5.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 SOL Strategies 95,219.34 Bn 95,219.34 Bn - -
2 Morgan Stanley 323.01 Bn 189.48 Bn - -
3 Goldman Sachs 303.95 Bn -633.60 Bn - -
4 Schwab Charles 155.80 Bn 110.82 Bn - -
5 Robinhood Markets 77.67 Bn 73.03 Bn 960.00 Mn 107.00 Mn
6 Interactive Brokers 38.08 Bn 48.67 Bn - -
7 LPL Financial Holdings 23.19 Bn 22.17 Bn - -
8 Tradeweb Markets 21.40 Bn 20.15 Bn - -
9 Circle Internet 19.36 Bn 17.84 Bn 35.01 Mn 6.62 Mn
10 Bit Digital 551.96 Mn 607.58 Mn 21.14 Mn 6.79 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 6.79 Mn
Mar 31, 2026 6.79 Mn
Dec 31, 2025 3.40 Mn
Dec 31, 2025 3.40 Mn
Sep 30, 2025 5.03 Mn
Sep 30, 2025 5.03 Mn
Jun 30, 2025 687,880.00
Jun 30, 2025 687,880.00
Mar 31, 2025 6.09 Mn
Mar 31, 2025 6.09 Mn
Dec 31, 2024 -14.01 Mn
Dec 31, 2024 -14.01 Mn
Sep 30, 2024 5.46 Mn
Sep 30, 2024 5.46 Mn
Jun 30, 2024 24,456.00
Jun 30, 2024 24,456.00
Mar 31, 2024 16,433.00
Mar 31, 2024 16,433.00
Dec 31, 2022 6.02 Mn
Dec 31, 2022 6.02 Mn