Bitdeer Technologies (BTDR) Cost of Revenue (2022 - 2026)
Bitdeer Technologies (BTDR) reported Cost of Revenue of $228.0 million for Q1 2026, up 207.66% on a YoY basis from $74.1 million in Q1 2025, and up 6.4% quarter-over-quarter from $214.3 million in Q4 2025.
Bitdeer Technologies (BTDR) Cost of Revenue (2022 - 2026) Analysis & Trends
Bitdeer Technologies has reported Cost of Revenue for 5 years, with the latest figure at $228.0 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 207.66% year-over-year to $228.0 million; the trailing twelve-month figure through Mar 2026 stood at $787.2 million (up 120.22% YoY), and the FY2025 full-year result was $559.3 million, up 97.35% from the prior year.
- Cost of Revenue for Q1 2026 stood at $228.0 million, up from $214.3 million in the prior quarter.
- The five-year high for Cost of Revenue was $228.0 million in Q1 2026, with the low at $21.4 million in Q4 2022.
- Historically, Cost of Revenue has averaged $105.0 million across 5 years, with a median of $74.1 million in 2025.
- Annual changes were most pronounced in 2023 — Cost of Revenue soared 310.68% — and 2024, when it retreated 27.2%.
- Bitdeer Technologies' Cost of Revenue stood at $21.4 million in 2022, then soared by 310.68% to $87.8 million in 2023, then retreated by 27.2% to $63.9 million in 2024, then soared by 235.21% to $214.3 million in 2025, then rose by 6.4% to $228.0 million in 2026.
- The last three Cost of Revenue figures came in at $228.0 million (Q1 2026), $214.3 million (Q4 2025), and $128.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 55.33 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 1.33 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.62 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 3.77 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 211.49 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 940.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 3.07 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 715.00 Mn |
| 10 | Bitdeer Technologies | 1.51 Bn | 1.35 Bn | -39.04 Mn | 227.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 227.97 Mn |
| Mar 31, 2026 | 227.97 Mn |
| Dec 31, 2025 | 214.27 Mn |
| Dec 31, 2025 | 214.27 Mn |
| Sep 30, 2025 | 128.88 Mn |
| Sep 30, 2025 | 128.88 Mn |
| Jun 30, 2025 | 216.12 Mn |
| Jun 30, 2025 | 216.12 Mn |
| Mar 31, 2025 | 74.10 Mn |
| Mar 31, 2025 | 74.10 Mn |
| Dec 31, 2024 | 63.92 Mn |
| Dec 31, 2024 | 63.92 Mn |
| Sep 30, 2024 | 59.26 Mn |
| Sep 30, 2024 | 59.26 Mn |
| Jun 30, 2024 | 160.20 Mn |
| Jun 30, 2024 | 160.20 Mn |
| Mar 31, 2024 | 85.38 Mn |
| Mar 31, 2024 | 85.38 Mn |
| Dec 31, 2023 | 87.80 Mn |
| Dec 31, 2023 | 87.80 Mn |