BTC Digital (BTCT) Cost of Revenue (2018 - 2024)

BTC Digital (BTCT) posted Cost of Revenue of $11.4 million for Q4 2024, up 17996.83% quarter-over-quarter from $63000.0 in Q3 2024, and up 698.39% year-on-year from $1.4 million in Q1 2024.

BTC Digital (BTCT) Cost of Revenue (2018 - 2024) Analysis & Trends

BTC Digital (BTCT) has reported Cost of Revenue for 6 consecutive years, with $11.4 million the latest figure, recorded in Q4 2024.

  • Cost of Revenue for Q4 2024 came in at $11.4 million, up 698.39% year-over-year; the trailing twelve-month figure through Dec 2024 was $14.3 million (up 374.87% YoY), and the FY2025 annual result was $585000.0, down 94.94% from the prior year.
  • Cost of Revenue was $11.4 million for Q4 2024 at BTC Digital, up from $63000.0 in the prior quarter.
  • Over five years, Cost of Revenue peaked at $19.8 million in Q3 2020 and troughed at $61000.0 in Q2 2024.
  • Average Cost of Revenue over 4 years is $7.0 million, with a median of $9.7 million recorded in 2020.
  • The widest YoY moves for Cost of Revenue: up 2070.31% in 2024, down 95.45% in 2024.
  • Over 4 years, Cost of Revenue stood at $12.9 million in 2020, then retreated by 7.5% to $11.9 million in 2021, then slumped by 88.05% to $1.4 million in 2023, then jumped by 698.39% to $11.4 million in 2024.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $11.4 million in Q4 2024, $63000.0 in Q3 2024, and $61000.0 in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn 1.29 Bn
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn 36.06 Bn
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn 141.60 Mn
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn 1.66 Bn
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn 1.67 Bn
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn 347.86 Mn
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn 11.39 Bn
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn 9.22 Bn
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn 214.94 Mn
10 BTC Digital 7.81 Mn 4.02 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 11.40 Mn
Dec 31, 2024 11.40 Mn
Sep 30, 2024 63,000.00
Sep 30, 2024 63,000.00
Jun 30, 2024 61,000.00
Jun 30, 2024 61,000.00
Mar 31, 2024 2.78 Mn
Mar 31, 2024 2.78 Mn
Dec 31, 2023 1.43 Mn
Dec 31, 2023 1.43 Mn
Sep 30, 2023 1.39 Mn
Sep 30, 2023 1.39 Mn
Jun 30, 2023 70,000.00
Jun 30, 2023 70,000.00
Mar 31, 2023 128,000.00
Mar 31, 2023 128,000.00
Jun 30, 2021 11.95 Mn
Jun 30, 2021 11.95 Mn
Mar 31, 2021 10.75 Mn
Mar 31, 2021 10.75 Mn