Btcs BTCS
NASDAQ BTCS
$1.60 +0.21 (+15.11%)
At close: Sep 18, 2026 · 4:00 PM EDT

Btcs (BTCS) Gross Margin (2011 - 2026)

Btcs' (BTCS) quarterly Gross Margin came in at 61.08% in Q2 2026, up 6386.0% on a YoY basis from 0.94% in Q2 2025, and up 392.48% quarter-over-quarter from 12.4% in Q4 2025.

Analysis

Btcs (BTCS) Gross Margin (2011 - 2026) Analysis & Trends

Btcs (BTCS) has reported Gross Margin for 13 consecutive years, with 61.08% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin rose 6386.0% year-over-year to 61.08%; the trailing twelve-month figure through Jun 2026 stood at 19.62% (up 1555.0% YoY), and the FY2025 full-year result was 12.19%, down 1104.0% from the prior year.
  • Gross Margin rose to 61.08% in Q2 2026 per BTCS's latest filing, from 12.4% in the prior quarter.
  • Across five years, Gross Margin topped out at 81.74% in Q2 2022 and bottomed at 2.79% in Q2 2025.
  • Historically, Gross Margin has averaged 49.91% across 5 years, with a median of 64.42% in 2024.
  • The sharpest annual moves came in 2025 and 2026: Gross Margin plunged 7270 bps in 2025, then surged 6386 bps in 2026.
  • Over 5 years, Gross Margin stood at 58.48% in 2022, then rose by 28 bps to 75.15% in 2023, then slumped by 96 bps to 2.89% in 2024, then surged by 329 bps to 12.4% in 2025, then soared by 392 bps to 61.08% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 61.08%, 12.4%, and 22.03% for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Coinbase Global 51.24 Bn 42.45 Bn 1.16 Bn 95.11%
2 Bullish 5.78 Bn 5.72 Bn 15.53 Mn 0.05%
3 Cypherpunk Technologies 663.58 Mn 663.58 Mn - -
4 Canton Strategic Holdings 498.79 Mn 498.79 Mn - -
5 Bakkt 387.06 Mn 336.37 Mn 2.21 Mn 1.30%
6 Coincheck 264.39 Mn 162.79 Mn 11.20 Mn 1.61%
7 Wewards 214.97 Mn 214.97 Mn - -
8 Exodus Movement 205.10 Mn -149.98 Mn - -
9 Usbc 197.95 Mn 194.29 Mn - -
10 Btcs 79.69 Mn -1.42 Mn 1.49 Mn 61.08%
Historic Data

Historic Data

Download Data
DateValue
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%