Growth Metrics

BTC Digital (BTCT) Gross Margin (2018 - 2024)

Historic Gross Margin for BTC Digital (BTCT) over the last 6 years, with Q4 2024 value amounting to 17.36%.

  • BTC Digital's Gross Margin rose 686300.0% to 17.36% in Q4 2024 from the same period last year, while for Dec 2024 it was 0.99%, marking a year-over-year increase of 134900.0%. This contributed to the annual value of 0.99% for FY2024, which is 134900.0% up from last year.
  • According to the latest figures from Q4 2024, BTC Digital's Gross Margin is 17.36%, which was up 686300.0% from 10.2% recorded in Q3 2024.
  • In the past 5 years, BTC Digital's Gross Margin ranged from a high of 42.29% in Q3 2020 and a low of 64.02% during Q3 2023
  • In the last 4 years, BTC Digital's Gross Margin had a median value of 10.5% in 2024 and averaged 2.38%.
  • Its Gross Margin has fluctuated over the past 5 years, first tumbled by -250000bps in 2020, then soared by 686300bps in 2024.
  • Quarter analysis of 4 years shows BTC Digital's Gross Margin stood at 32.37% in 2020, then decreased by 0bps to 32.31% in 2021, then tumbled by -259bps to 51.27% in 2023, then soared by 134bps to 17.36% in 2024.
  • Its last three reported values are 17.36% in Q4 2024, 10.2% for Q3 2024, and 9.19% during Q2 2024.