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| Date | Value |
|---|---|
| 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 |