Btcs (BTCS) Cost of Revenue (2011 - 2025)
Btcs (BTCS) reported Cost of Revenue of $14.0 million for Q4 2025, up 23095.3% on a YoY basis from N/an in Q4 2024, and up 5348.62% quarter-over-quarter from $256165.0 in Q3 2025.
Btcs (BTCS) Cost of Revenue (2011 - 2025) Analysis & Trends
Btcs has reported Cost of Revenue for 15 years, with the latest figure at $14.0 million in Q4 2025.
- For the quarter ending Q4 2025, Cost of Revenue rose 23095.3% year-over-year to $14.0 million; the trailing twelve-month figure through Dec 2025 stood at $18.6 million (up 2528.18% YoY), and the FY2025 full-year result was $14.5 million, up 17780.13% from the prior year.
- Cost of Revenue for Q4 2025 stood at $14.0 million, up from $256165.0 in the prior quarter.
- The five-year high for Cost of Revenue was $14.0 million in Q4 2025, with the low at -$235801.0 in Q4 2022.
- Historically, Cost of Revenue has averaged $992190.2 across 5 years, with a median of $82108.5 in 2022.
- Annual changes were most pronounced in 2022 — Cost of Revenue plunged 292.63% — and 2025, when it soared 23095.3%.
- Btcs' Cost of Revenue stood at $122411.0 in 2021, then sank by 292.63% to -$235801.0 in 2022, then jumped by 134.37% to $81052.0 in 2023, then slumped by 174.89% to -$60697.0 in 2024, then soared by 23095.3% to $14.0 million in 2025.
- The last three Cost of Revenue figures came in at $14.0 million (Q4 2025), $256165.0 (Q3 2025), and $2.9 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (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 | 107.00 Mn |
| 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 | 6.62 Mn |
| 10 | Btcs | 45.14 Mn | -166.22 Mn | 879,072.00 | 13.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 13.96 Mn |
| Dec 31, 2025 | 13.96 Mn |
| Sep 30, 2025 | 256,165.00 |
| Sep 30, 2025 | 256,165.00 |
| Jun 30, 2025 | 2.85 Mn |
| Jun 30, 2025 | 2.85 Mn |
| Mar 31, 2025 | 1.57 Mn |
| Mar 31, 2025 | 1.57 Mn |
| Dec 31, 2024 | -60,697.00 |
| Dec 31, 2024 | -60,697.00 |
| Sep 30, 2024 | 543,308.00 |
| Sep 30, 2024 | 543,308.00 |
| Jun 30, 2024 | 168,848.00 |
| Jun 30, 2024 | 168,848.00 |
| Mar 31, 2024 | 57,602.00 |
| Mar 31, 2024 | 57,602.00 |
| Dec 31, 2023 | 81,052.00 |
| Dec 31, 2023 | 81,052.00 |
| Sep 30, 2023 | 83,100.00 |
| Sep 30, 2023 | 83,100.00 |