Bit Digital (BTBT) Operating Margin (2021 - 2026)
Bit Digital (BTBT) posted Operating Margin of 511.78% for Q1 2026, down 38.58% sequentially from 369.3% in Q4 2025, and down 30318.0% YoY from N/an in Q1 2025.
Bit Digital (BTBT) Operating Margin (2021 - 2026) Analysis & Trends
Bit Digital (BTBT) has 5 years of Operating Margin data on file, last reported at 511.78% in Q1 2026.
- Quarterly Operating Margin fell 30318.0% year-over-year to 511.78% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 93.48% (down 2345.0% YoY) and the FY2025 annual result came in at 16.08%, down 4159.0% from the prior year.
- Operating Margin eased to 511.78% in Q1 2026 per BTBT's latest filing, from 369.3% in the prior quarter.
- The five-year high for Operating Margin was 465.48% in Q3 2025, with the low at 1455.61% in Q4 2022.
- Average Operating Margin over 4 years is 189.77%, with a median of 157.74% recorded in 2022.
- Year-over-year, Operating Margin tumbled 138237 bps in 2022 and surged 62578 bps in 2025.
- Bit Digital's Operating Margin stood at 1455.61% in 2022, then surged by 108 bps to 110.53% in 2024, then plunged by 434 bps to 369.3% in 2025, then slumped by 39 bps to 511.78% in 2026.
- Business Quant data shows BTBT's Operating Margin at 511.78% in Q1 2026, 369.3% in Q4 2025, and 465.48% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 149.71% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 28.49% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 46.50% |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 108.11% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -161.28% |
| 10 | Bit Digital | 576.38 Mn | 632.01 Mn | 21.14 Mn | -511.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -511.78% |
| Dec 31, 2025 | -369.30% |
| Sep 30, 2025 | 465.48% |
| Jun 30, 2025 | 45.75% |
| Mar 31, 2025 | -208.60% |
| Dec 31, 2024 | 110.53% |
| Sep 30, 2024 | -160.31% |
| Jun 30, 2024 | -39.53% |
| Mar 31, 2024 | 155.20% |
| Dec 31, 2022 | -1,455.61% |
| Sep 30, 2022 | -157.74% |
| Jun 30, 2022 | -267.26% |
| Mar 31, 2022 | -73.81% |
| Dec 31, 2021 | -73.24% |
| Sep 30, 2021 | -148.37% |
| Jun 30, 2021 | -6.26% |
| Mar 31, 2021 | 76.84% |