Btcs (BTCS) Gross Margin (2011 - 2025)

Btcs (BTCS) posted Gross Margin of 12.4% for Q4 2025, down 43.71% quarter-over-quarter from 22.03% in Q3 2025, and up 951.0% year-on-year from 1.18% in Q4 2024.

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

Btcs (BTCS) has reported Gross Margin for 12 consecutive years, with 12.4% the latest figure, recorded in Q4 2025.

  • Gross Margin for Q4 2025 came in at 12.4%, up 951.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 12.17% (down 1105.0% YoY), and the FY2025 annual result was 12.19%, down 1104.0% from the prior year.
  • Gross Margin was 12.4% for Q4 2025 at Btcs, down from 22.03% in the prior quarter.
  • Over five years, Gross Margin peaked at 84.43% in Q2 2021 and troughed at 2.92% in Q2 2025.
  • Average Gross Margin over 5 years is 55.04%, with a median of 71.26% recorded in 2021.
  • Year-over-year, Gross Margin jumped 1666 bps in 2023 and slumped 7283 bps in 2025.
  • Over 5 years, Gross Margin stood at 71.98% in 2021, then slipped by 19 bps to 58.48% in 2022, then gained by 28 bps to 75.15% in 2023, then tumbled by 96 bps to 2.89% in 2024, then soared by 329 bps to 12.4% in 2025.
  • Per Business Quant data, the three most recent Gross Margin figures were 12.4% in Q4 2025, 22.03% in Q3 2025, and 2.92% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross 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 206.12%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 89.97%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -
7 Tradeweb Markets 21.59 Bn 20.34 Bn - -
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 84.10%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 99.97%
10 Btcs 37.17 Mn -174.19 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%