BTC Digital (BTCT) Gross Margin (2018 - 2024)
BTC Digital (BTCT) posted Gross Margin of 17.36% for Q4 2024, up 270.16% quarter-over-quarter from 10.2% in Q3 2024, and up 6863.0% year-on-year from 0.25% in Q1 2024.
BTC Digital (BTCT) Gross Margin (2018 - 2024) Analysis & Trends
BTC Digital (BTCT) has reported Gross Margin for 6 consecutive years, with 17.36% the latest figure, recorded in Q4 2024.
- Gross Margin for Q4 2024 came in at 17.36%, up 6863.0% year-over-year; the trailing twelve-month figure through Dec 2024 was 0.99% (up 1349.0% YoY), and the FY2025 annual result was 22.5%, down 2348.0% from the prior year.
- Gross Margin was 17.36% for Q4 2024 at BTC Digital, up from 10.2% in the prior quarter.
- Over five years, Gross Margin peaked at 42.29% in Q3 2020 and troughed at 64.02% in Q3 2023.
- Average Gross Margin over 4 years is 2.38%, with a median of 10.5% recorded in 2024.
- Year-over-year, Gross Margin slumped 2500 bps in 2020 and soared 6863 bps in 2024.
- Over 4 years, Gross Margin stood at 32.37% in 2020, then declined by 0 bps to 32.31% in 2021, then sank by 259 bps to 51.27% in 2023, then soared by 134 bps to 17.36% in 2024.
- Per Business Quant data, the three most recent Gross Margin figures were 17.36% in Q4 2024, 10.2% in Q3 2024, and 9.19% in Q2 2024.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 78.35% |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 17.75% |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 61.90% |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 50.22% |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 46.50% |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 68.70% |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 20.93% |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 9.95% |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 44.52% |
| 10 | BTC Digital | 7.81 Mn | 4.02 Mn | - | - |
Historic Data
Download 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 | 48.97% |
| Sep 30, 2019 | 53.07% |
| Jun 30, 2019 | 47.51% |
| Mar 31, 2019 | 45.12% |
| Dec 31, 2018 | 52.70% |