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
DateValue
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