BTC Digital (BTCT) Cost of Revenue (2018 - 2024)
BTC Digital (BTCT) reported Cost of Revenue of $11.4 million for Q4 2024, up 698.39% on a YoY basis from $1.4 million in Q1 2024, and up 17996.83% quarter-over-quarter from $63000.0 in Q3 2024.
BTC Digital (BTCT) Cost of Revenue (2018 - 2024) Analysis & Trends
BTC Digital has reported Cost of Revenue for 6 years, with the latest figure at $11.4 million in Q4 2024.
- For the quarter ending Q4 2024, Cost of Revenue rose 698.39% year-over-year to $11.4 million; the trailing twelve-month figure through Dec 2024 stood at $14.3 million (up 374.87% YoY), and the FY2025 full-year result was $585000.0, down 94.94% from the prior year.
- Cost of Revenue for Q4 2024 stood at $11.4 million, up from $63000.0 in the prior quarter.
- The five-year high for Cost of Revenue was $19.8 million in Q3 2020, with the low at $61000.0 in Q2 2024.
- Historically, Cost of Revenue has averaged $7.0 million across 4 years, with a median of $9.7 million in 2020.
- The largest YoY upside for Cost of Revenue was 2070.31% in 2024 against a maximum downside of 95.45% in 2024.
- BTC Digital's Cost of Revenue stood at $12.9 million in 2020, then dropped by 7.5% to $11.9 million in 2021, then tumbled by 88.05% to $1.4 million in 2023, then jumped by 698.39% to $11.4 million in 2024.
- The last three Cost of Revenue figures came in at $11.4 million (Q4 2024), $63000.0 (Q3 2024), and $61000.0 (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 26.65 Bn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 1.29 Bn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 141.60 Mn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 1.67 Bn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 1.66 Bn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 9.22 Bn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 318.82 Mn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 11.39 Bn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | 49.25 Mn |
| 10 | BTC Digital | 8.88 Mn | 5.09 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |