Bit Digital (BTBT) Gross Margin (2021 - 2026)

Bit Digital's (BTBT) quarterly Gross Margin came in at 75.69% in Q1 2026, down 6.0% year-on-year from 80.52% in Q1 2025, and down 15.42% quarter-over-quarter from 89.49% in Q4 2025.

Bit Digital (BTBT) Gross Margin (2021 - 2026) Analysis & Trends

Bit Digital has disclosed Gross Margin across 5 years of filings, most recently posting 75.69% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 75.69%, down 6.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 86.33% (down 1604.0% YoY), and the FY2025 annual result was 80.46%, down 149.0% from the prior year.
  • Gross Margin came in at 75.69% for Q1 2026 at Bit Digital, down from 89.49% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 154.35% in Q4 2024 to a low of 22.57% in Q4 2022.
  • The 4-year median for Gross Margin is 76.09% (2024), against an average of 77.0%.
  • Peak annual rise in Gross Margin reached 739 bps in 2025, while the deepest fall reached 6486 bps in 2025.
  • Bit Digital's Gross Margin stood at 22.57% in 2022, then surged by 584 bps to 154.35% in 2024, then tumbled by 42 bps to 89.49% in 2025, then decreased by 15 bps to 75.69% in 2026.
  • The last three Gross Margin figures came in at 75.69% (Q1 2026), 89.49% (Q4 2025), and 83.48% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - -
3 Goldman Sachs 317.73 Bn -619.82 Bn - -
4 Schwab Charles 153.74 Bn 108.77 Bn - -
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 89.97%
6 Interactive Brokers 38.91 Bn 49.50 Bn - -
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - -
8 Tradeweb Markets 20.90 Bn 19.65 Bn - -
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 84.10%
10 Bit Digital 576.38 Mn 632.01 Mn 21.14 Mn 75.69%

Historic Data

Download Data
DateValue
Mar 31, 2026 75.69%
Dec 31, 2025 89.49%
Sep 30, 2025 83.48%
Jun 30, 2025 97.32%
Mar 31, 2025 75.75%
Dec 31, 2024 154.35%
Sep 30, 2024 76.09%
Jun 30, 2024 99.92%
Mar 31, 2024 99.95%
Dec 31, 2022 22.57%
Sep 30, 2022 28.81%
Jun 30, 2022 47.41%
Mar 31, 2022 50.22%
Dec 31, 2021 64.29%
Sep 30, 2021 74.91%
Jun 30, 2021 61.60%
Mar 31, 2021 71.63%