Bit Digital (BTBT) Net Margin (2021 - 2026)
Bit Digital's Net Margin was -333.86% in Q2 2026, down 391.82 percentage points from 57.96% a year earlier but up 191.37 percentage points from the prior quarter.
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Analysis
Bit Digital (BTBT) Net Margin (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Bit Digital's Net Margin was -237.19% through Jun 30, 2026, down 184.20 percentage points year-over-year; for FY2025, it was -70.73%, down 96.92 percentage points from FY2024.
- Net Margin shows a five-year change of -59.91 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 26.20% in FY2024 (+57.13 pp), -30.93% in FY2023 (+295.10 pp), -326.03% in FY2022 (-324.98 pp) and -1.05% in FY2021 (+9.77 pp).
- Quarterly Net Margin has moved between -582.48% (Q4 2025) and 495.29% (Q3 2025) over five years.
- Compared with a year earlier, Net Margin has declined for three straight quarters, with an average year-over-year change of -168.74 percentage points over the last six quarters.
- The best year-over-year quarter for Net Margin over five years was Q3 2025 (a gain of 665.15 percentage points); the worst was Q4 2025 (a drop of 694.86 percentage points).
- Per Business Quant data, BTBT's Net Margin in the three quarters before Q2 2026 was -525.23% (Q1 2026), -582.48% (Q4 2025) and 495.29% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | -29.46% |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 12.72% |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 1.34% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | -498.45% |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 18.55% |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 11.85% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 0.39% |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | -179.60% |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 7.64% |
| 10 | Bit Digital | 596.06 Mn | 264.30 Mn | 18.58 Mn | -333.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -333.86% |
| Mar 31, 2026 | -525.23% |
| Dec 31, 2025 | -582.48% |
| Sep 30, 2025 | 495.29% |
| Jun 30, 2025 | 57.96% |
| Mar 31, 2025 | -229.88% |
| Dec 31, 2024 | 112.38% |
| Sep 30, 2024 | -169.87% |
| Jun 30, 2024 | -41.16% |
| Mar 31, 2024 | 164.81% |
| Sep 30, 2022 | -158.93% |
| Jun 30, 2022 | -260.65% |
| Mar 31, 2022 | -50.53% |
| Sep 30, 2021 | -197.27% |
| Jun 30, 2021 | -6.57% |
| Mar 31, 2021 | 76.21% |
API Access
Bit Digital Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=BTBT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "BTBT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=BTBT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();