BTC Digital (BTCT) Gross Margin (2018 - 2024)
BTC Digital (BTCT) reported Gross Margin of -22.50% for FY2025, down 23.48 percentage points from 0.99% in FY2024.
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Analysis
BTC Digital (BTCT) Gross Margin (2018 - 2024) Analysis & Trends
Dating back to FY2016, BTC Digital's Gross Margin record includes 10 years.
- Gross Margin has a five-year change of -54.82 percentage points (FY2020 to FY2025).
- The FY2025 figure ranks as the lowest annual Gross Margin in data going back to FY2016.
- According to Business Quant data, Gross Margin came in at 0.99% in FY2024 (+13.49 pp), -12.51% in FY2023 (-27.45 pp), 14.94% in FY2022 (-18.70 pp) and 33.65% in FY2021 (+1.32 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.08 Bn | 8.30 Bn | - | - |
| 2 | Block | 46.71 Bn | 18.00 Bn | 3.17 Bn | 47.84% |
| 3 | Coinbase Global | 45.00 Bn | 1.80 Bn | - | - |
| 4 | Corpay | 26.84 Bn | 16.72 Bn | - | - |
| 5 | Fiserv | 25.68 Bn | 22.36 Bn | 2.90 Bn | 54.74% |
| 6 | Global Payments | 22.94 Bn | 732.47 Mn | 2.03 Bn | 61.04% |
| 7 | Guidewire Software | 15.52 Bn | 12.08 Bn | 269.68 Mn | 65.60% |
| 8 | Bitmine Immersion Technologies | 12.62 Bn | 10.00 Bn | 40.81 Mn | 87.70% |
| 9 | Chime Financial | 11.56 Bn | 7.35 Bn | 594.87 Mn | 88.82% |
| 10 | BTC Digital | 6.35 Mn | -15.38 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 17.36% |
| Sep 30, 2024 | -10.20% |
| Jun 30, 2024 | -9.19% |
| Mar 31, 2024 | -4.83% |
| Dec 31, 2023 | -51.27% |
| Sep 30, 2023 | -64.02% |
| Jun 30, 2023 | 3.65% |
| Mar 31, 2023 | -37.82% |
| Jun 30, 2021 | 32.31% |
| Mar 31, 2021 | 34.27% |
| Dec 31, 2020 | 32.37% |
| Sep 30, 2020 | 42.29% |
| Jun 30, 2020 | 28.31% |
| Mar 31, 2020 | 20.12% |
| Dec 31, 2019 | 44.30% |
| Sep 30, 2019 | 53.07% |
| Jun 30, 2019 | 47.51% |
| Mar 31, 2019 | 45.12% |
| Dec 31, 2018 | 52.70% |
API Access
BTC Digital Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=BTCT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BTCT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=BTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();