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
DateValue
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