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.
- Per BTC Digital's latest filing, its Gross Margin stood at 17.36% for Q4 2024, which was up 686300.0% from 10.2% recorded in Q3 2024.
- Over the past 5 years, BTC Digital's Gross Margin peaked at 42.29% during Q3 2020, and registered a low of 64.02% during Q3 2023.
- Moreover, its 4-year median value for Gross Margin was 10.5% (2024), whereas its average is 2.38%.
- Per our database at Business Quant, BTC Digital's Gross Margin plummeted by -250000bps in 2020 and then surged by 686300bps in 2024.
- Over the past 4 years, BTC Digital's Gross Margin (Quarter) stood at 32.37% in 2020, then dropped by 0bps to 32.31% in 2021, then plummeted by -259bps to 51.27% in 2023, then surged by 134bps to 17.36% in 2024.
- Its Gross Margin was 17.36% in Q4 2024, compared to 10.2% in Q3 2024 and 9.19% in Q2 2024.