Bitdeer Technologies (BTDR) EV to EBITDA (2022 - 2026)
Bitdeer Technologies' (BTDR) quarterly EV to EBITDA came in at 105.36 in Q2 2026, down 61.26% on a YoY basis from 272.01 in Q2 2025, and down 14.45% quarter-over-quarter from 123.16 in Q1 2026.
Analysis
Bitdeer Technologies (BTDR) EV to EBITDA (2022 - 2026) Analysis & Trends
Bitdeer Technologies (BTDR) has reported EV to EBITDA for 5 consecutive years, with 105.36 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to EBITDA fell 61.26% year-over-year to 105.36; the trailing twelve-month figure through Jun 2026 stood at 27.42 (up 215.3% YoY), and the FY2025 full-year result was 70.63, up 5.94% from the prior year.
- EV to EBITDA retreated to 105.36 in Q2 2026 per BTDR's latest filing, from 123.16 in the prior quarter.
- Across five years, EV to EBITDA topped out at 272.01 in Q2 2025 and bottomed at 656.37 in Q4 2024.
- Historically, EV to EBITDA has averaged 9.26 across 5 years, with a median of 30.7 in 2023.
- The sharpest annual moves came in 2024 and 2025: EV to EBITDA plunged 2380.72% in 2024, then surged 6674.6% in 2025.
- Over 5 years, EV to EBITDA stood at 55.2 in 2022, then sank by 47.86% to 28.78 in 2023, then slumped by 2380.72% to 656.37 in 2024, then soared by 112.22% to 80.23 in 2025, then soared by 31.33% to 105.36 in 2026.
- According to Business Quant data, EV to EBITDA over the past three periods registered 105.36, 123.16, and 80.23 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.87 Bn | 56.53 Bn | 40.81 Mn |
| 2 | Iren | 34.00 Bn | 26.43 Bn | 103.89 Mn |
| 3 | Hut 8 | 11.52 Bn | 5.04 Bn | 48.04 Mn |
| 4 | Riot Platforms | 8.24 Bn | 7.69 Bn | 84.97 Mn |
| 5 | Argo Blockchain | 6.43 Bn | 6.43 Bn | - |
| 6 | MARA Holdings | 4.32 Bn | 3.96 Bn | - |
| 7 | Cleanspark | 3.26 Bn | 3.05 Bn | - |
| 8 | Bitdeer Technologies | 2.92 Bn | 2.46 Bn | -8.53 Mn |
| 9 | Keel Infrastructure | 2.14 Bn | 2.13 Bn | -86.75 Mn |
| 10 | HIVE Digital Technologies | 853.00 Mn | 613.97 Mn | -29.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 105.36 |
| Mar 31, 2026 | 123.16 |
| Dec 31, 2025 | 80.23 |
| Sep 30, 2025 | 49.86 |
| Jun 30, 2025 | 272.01 |
| Mar 31, 2025 | -21.36 |
| Dec 31, 2024 | -656.37 |
| Sep 30, 2024 | -74.27 |
| Jun 30, 2024 | 4.02 |
| Mar 31, 2024 | 24.42 |
| Dec 31, 2023 | 28.78 |
| Sep 30, 2023 | 32.61 |
| Jun 30, 2023 | -15.56 |
| Mar 31, 2023 | 54.34 |
| Dec 31, 2022 | 55.20 |
| Sep 30, 2022 | 128.19 |
| Jun 30, 2022 | -47.62 |
| Mar 31, 2022 | 23.59 |