Bitdeer Technologies (BTDR) Cash from Operations (2023 - 2026)
Bitdeer Technologies' (BTDR) quarterly Cash from Operations came in at -$158.5 million in Q2 2026, up 52.93% on a YoY basis from -$103.7 million in Q2 2025, and up 54.3% quarter-over-quarter from -$346.9 million in Q1 2026.
Analysis
Bitdeer Technologies (BTDR) Cash from Operations (2023 - 2026) Analysis & Trends
Bitdeer Technologies (BTDR) has reported Cash from Operations for 4 consecutive years, with -$158.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cash from Operations rose 52.93% year-over-year to -$158.5 million; the trailing twelve-month figure through Jun 2026 stood at -$1.6 billion (down 56.6% YoY), and the FY2025 full-year result was -$1.7 billion, down 179.5% from the prior year.
- Cash from Operations advanced to -$158.5 million in Q2 2026 per BTDR's latest filing, from -$346.9 million in the prior quarter.
- Across five years, Cash from Operations topped out at -$47.6 million in Q3 2023 and bottomed at -$599.5 million in Q4 2025.
- Historically, Cash from Operations has averaged -$234.6 million across 4 years, with a median of -$158.5 million in 2026.
- The sharpest annual moves came in 2025 and 2026: Cash from Operations sank 473.5% in 2025, then jumped 52.93% in 2026.
- Over 4 years, Cash from Operations stood at -$67.1 million in 2023, then plunged by 384.58% to -$325.1 million in 2024, then plunged by 84.44% to -$599.5 million in 2025, then surged by 73.56% to -$158.5 million in 2026.
- According to Business Quant data, Cash from Operations over the past three periods registered -$158.5 million, -$346.9 million, and -$599.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.87 Bn | 56.53 Bn | 40.81 Mn | 29.01 Mn |
| 2 | Iren | 34.00 Bn | 26.43 Bn | 103.89 Mn | 1.81 Bn |
| 3 | Hut 8 | 11.52 Bn | 5.04 Bn | 48.04 Mn | -5.62 Mn |
| 4 | Riot Platforms | 8.24 Bn | 7.69 Bn | 84.97 Mn | -90.14 Mn |
| 5 | Argo Blockchain | 6.43 Bn | 6.43 Bn | - | - |
| 6 | MARA Holdings | 4.32 Bn | 3.96 Bn | - | -223.77 Mn |
| 7 | Cleanspark | 3.26 Bn | 3.05 Bn | - | -112.34 Mn |
| 8 | Bitdeer Technologies | 2.92 Bn | 2.46 Bn | -8.53 Mn | -158.52 Mn |
| 9 | Keel Infrastructure | 2.14 Bn | 2.13 Bn | -86.75 Mn | -52.93 Mn |
| 10 | HIVE Digital Technologies | 853.00 Mn | 613.97 Mn | -29.49 Mn | 4.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -158.52 Mn |
| Mar 31, 2026 | -346.89 Mn |
| Dec 31, 2025 | -599.54 Mn |
| Sep 30, 2025 | -520.28 Mn |
| Jun 30, 2025 | -336.75 Mn |
| Mar 31, 2025 | -285.27 Mn |
| Dec 31, 2024 | -325.06 Mn |
| Sep 30, 2024 | -90.72 Mn |
| Jun 30, 2024 | -74.12 Mn |
| Mar 31, 2024 | -132.17 Mn |
| Dec 31, 2023 | -67.08 Mn |
| Sep 30, 2023 | -47.58 Mn |
| Jun 30, 2023 | -66.12 Mn |