Btcs (BTCS) Gross Margin (2011 - 2025)

Btcs' (BTCS) quarterly Gross Margin came in at 12.4% in Q4 2025, up 951.0% YoY from 1.18% in Q4 2024, and down 43.71% on a QoQ basis from 22.03% in Q3 2025.

Btcs (BTCS) Gross Margin (2011 - 2025) Analysis & Trends

Btcs (BTCS) has 12 years of Gross Margin data on file, last reported at 12.4% in Q4 2025.

  • Quarterly Gross Margin rose 951.0% year-over-year to 12.4% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 12.17% (down 1105.0% YoY) and the FY2025 annual result came in at 12.19%, down 1104.0% from the prior year.
  • Gross Margin declined to 12.4% in Q4 2025, from 22.03% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 84.43% in Q2 2021 to a low of 2.92% in Q2 2025.
  • A 5-year average of 55.04% and a median of 71.26% in 2021 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2023 — Gross Margin surged 1666 bps — and 2025, when it plunged 7283 bps.
  • Tracing BTCS's Gross Margin over 5 years: stood at 71.98% in 2021, then fell by 19 bps to 58.48% in 2022, then grew by 28 bps to 75.15% in 2023, then plunged by 96 bps to 2.89% in 2024, then soared by 329 bps to 12.4% in 2025.
  • The last three Gross Margin figures came in at 12.4% (Q4 2025), 22.03% (Q3 2025), and 2.92% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - -
2 Goldman Sachs 316.34 Bn -660.01 Bn - -
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 206.12%
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 92.05%
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 72.42%
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - -
10 Btcs 35.51 Mn 33.39 Mn 879,072.00 12.40%

Historic Data

Download Data
DateValue
Dec 31, 2025 12.40%
Sep 30, 2025 22.03%
Jun 30, 2025 -2.92%
Mar 31, 2025 7.12%
Dec 31, 2024 2.89%
Sep 30, 2024 26.50%
Jun 30, 2024 69.91%
Mar 31, 2024 64.42%
Dec 31, 2023 75.15%
Sep 30, 2023 73.72%
Jun 30, 2023 70.55%
Mar 31, 2023 73.67%
Dec 31, 2022 58.48%
Sep 30, 2022 76.12%
Jun 30, 2022 81.74%
Mar 31, 2022 75.51%
Dec 31, 2021 71.98%
Sep 30, 2021 77.83%
Jun 30, 2021 84.43%
Mar 31, 2021 79.32%