BTC Digital (BTCT) Gross Margin (2018 - 2024)
BTC Digital filings provide 6 years of Gross Margin readings, the most recent being 17.36% for Q4 2024.
- On a quarterly basis, Gross Margin rose 6863.0% to 17.36% in Q4 2024 year-over-year; TTM through Dec 2024 was 0.99%, a 1349.0% increase, with the full-year FY2025 number at 22.5%, down 2348.0% from a year prior.
- Gross Margin hit 17.36% in Q4 2024 for BTC Digital, up from 10.2% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 42.29% in Q3 2020 to a low of 64.02% in Q3 2023.
- Median Gross Margin over the past 4 years was 10.5% (2024), compared with a mean of 2.38%.
- Biggest five-year swings in Gross Margin: plummeted -2500bps in 2020 and later soared 6863bps in 2024.
- BTC Digital's Gross Margin stood at 32.37% in 2020, then dropped by 0bps to 32.31% in 2021, then tumbled by -259bps to 51.27% in 2023, then surged by 134bps to 17.36% in 2024.
- The last three reported values for Gross Margin were 17.36% (Q4 2024), 10.2% (Q3 2024), and 9.19% (Q2 2024) per Business Quant data.