Btcs (BTCS) Gross Margin (2011 - 2026)
Btcs (BTCS) recorded Gross Margin of 61.08% in Q2 2026, up 63.86 percentage points from -2.79% a year earlier.
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Analysis
Btcs (BTCS) Gross Margin (2011 - 2026) Analysis & Trends
On a TTM basis, Btcs' Gross Margin came in at 19.62% as of Jun 30, 2026, up 15.55 percentage points year-over-year; for FY2025, it came in at 12.19%, down 11.04 percentage points from FY2024.
- Annual Gross Margin has declined for four straight years, with a four-year change of -65.70 percentage points (FY2021 to FY2025).
- Across earlier years, Gross Margin came in at 23.22% in FY2024 (-49.92 pp), 73.14% in FY2023 (-1.66 pp), 74.80% in FY2022 (-3.08 pp) and 77.88% in FY2021.
- The Q2 2026 figure is the highest quarterly Gross Margin since Q2 2024.
- On a year-over-year basis, Gross Margin rose in two of the last seven quarters, with an average year-over-year change of -25.80 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 63.86 percentage points in Q2 2026, against a drop of 72.70 percentage points in Q2 2025 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 50.90 Bn | 22.67 Bn | 3.24 Bn | 48.15% |
| 2 | PayPal Holdings | 50.06 Bn | 8.76 Bn | - | - |
| 3 | Coinbase Global | 36.62 Bn | -3.02 Bn | - | - |
| 4 | Fiserv | 33.43 Bn | 30.11 Bn | 2.90 Bn | 54.74% |
| 5 | Corpay | 29.65 Bn | 19.54 Bn | - | - |
| 6 | Global Payments | 25.85 Bn | 3.64 Bn | 2.03 Bn | 61.04% |
| 7 | Guidewire Software | 14.07 Bn | 10.64 Bn | 269.68 Mn | 65.60% |
| 8 | Jack Henry & Associates | 12.97 Bn | 12.88 Bn | 273.85 Mn | 42.52% |
| 9 | Chime Financial | 11.36 Bn | 7.16 Bn | 594.87 Mn | 88.82% |
| 10 | Btcs | 42.99 Mn | 36.43 Mn | 1.49 Mn | 61.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 61.08% |
| Dec 31, 2025 | 12.40% |
| Sep 30, 2025 | 22.03% |
| Jun 30, 2025 | -2.79% |
| 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% |
API Access
Btcs Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=BTCS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BTCS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=BTCS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();