BTC Digital (BTCT) Operating Margin (2018 - 2024)
BTC Digital (BTCT) reported Operating Margin of 10.61% for Q4 2024, up 6227.0% on a YoY basis from 0.17% in Q1 2024, and up 49.9% quarter-over-quarter from 21.18% in Q3 2024.
BTC Digital (BTCT) Operating Margin (2018 - 2024) Analysis & Trends
BTC Digital has reported Operating Margin for 6 years, with the latest figure at 10.61% in Q4 2024.
- For the quarter ending Q4 2024, Operating Margin rose 6227.0% year-over-year to 10.61%; the trailing twelve-month figure through Dec 2024 stood at 22.94% (up 441.0% YoY), and the FY2025 full-year result was 62.74%, down 3980.0% from the prior year.
- Operating Margin for Q4 2024 stood at 10.61%, up from 21.18% in the prior quarter.
- The five-year high for Operating Margin was 107.95% in Q4 2020, with the low at 110.25% in Q1 2023.
- Historically, Operating Margin has averaged 30.6% across 4 years, with a median of 32.42% in 2021.
- The largest YoY upside for Operating Margin was 11423 bps in 2020 against a maximum downside of 4016 bps in 2020.
- BTC Digital's Operating Margin stood at 107.95% in 2020, then plunged by 135 bps to 37.87% in 2021, then sank by 92 bps to 72.88% in 2023, then soared by 85 bps to 10.61% in 2024.
- The last three Operating Margin figures came in at 10.61% (Q4 2024), 21.18% (Q3 2024), and 26.96% (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 9.26% |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 69.09% |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 42.74% |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 32.07% |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 35.66% |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 6.11% |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 8.23% |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 4.25% |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | -419.85% |
| 10 | BTC Digital | 8.88 Mn | 5.09 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -10.61% |
| Sep 30, 2024 | -21.18% |
| Jun 30, 2024 | -26.96% |
| Mar 31, 2024 | -40.34% |
| Dec 31, 2023 | -72.88% |
| Sep 30, 2023 | -82.13% |
| Jun 30, 2023 | -1.55% |
| Mar 31, 2023 | -110.25% |
| Jun 30, 2021 | -37.87% |
| Mar 31, 2021 | -7.18% |
| Dec 31, 2020 | 107.95% |
| Sep 30, 2020 | -20.07% |
| Jun 30, 2020 | -47.97% |
| Mar 31, 2020 | -57.33% |
| Dec 31, 2019 | -6.28% |
| Sep 30, 2019 | 10.47% |
| Jun 30, 2019 | -16.51% |
| Mar 31, 2019 | -17.18% |
| Dec 31, 2018 | 14.37% |