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| 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 |