Bitdeer Technologies (BTDR) Gross Margin (2022 - 2026)
Bitdeer Technologies (BTDR) reported Gross Margin of 20.66% for Q1 2026, down 1500.0% on a YoY basis from 1.48% in Q1 2025, and down 539.55% quarter-over-quarter from 4.7% in Q4 2025.
Bitdeer Technologies (BTDR) Gross Margin (2022 - 2026) Analysis & Trends
Bitdeer Technologies has reported Gross Margin for 5 years, with the latest figure at 20.66% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 1500.0% year-over-year to 20.66%; the trailing twelve-month figure through Mar 2026 stood at 3.41% (down 601.0% YoY), and the FY2025 full-year result was 9.83%, down 1023.0% from the prior year.
- Gross Margin for Q1 2026 stood at 20.66%, down from 4.7% in the prior quarter.
- The five-year high for Gross Margin was 45.72% in Q1 2022, with the low at 20.66% in Q1 2026.
- Historically, Gross Margin has averaged 16.74% across 5 years, with a median of 18.59% in 2023.
- The largest YoY upside for Gross Margin was 1960 bps in 2025 against a maximum downside of 3422 bps in 2025.
- Bitdeer Technologies' Gross Margin stood at 43.93% in 2022, then tumbled by 46 bps to 23.55% in 2023, then slumped by 69 bps to 7.39% in 2024, then plunged by 36 bps to 4.7% in 2025, then plunged by 540 bps to 20.66% in 2026.
- The last three Gross Margin figures came in at 20.66% (Q1 2026), 4.7% (Q4 2025), and 24.06% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 48.77% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 76.92% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 85.65% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 75.07% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 48.28% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 89.20% |
| 10 | Bitdeer Technologies | 1.51 Bn | 1.35 Bn | -39.04 Mn | -20.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -20.66% |
| Dec 31, 2025 | 4.70% |
| Sep 30, 2025 | 24.06% |
| Jun 30, 2025 | 8.24% |
| Mar 31, 2025 | -5.66% |
| Dec 31, 2024 | 7.39% |
| Sep 30, 2024 | 4.46% |
| Jun 30, 2024 | 24.59% |
| Mar 31, 2024 | 28.56% |
| Dec 31, 2023 | 23.55% |
| Sep 30, 2023 | 24.19% |
| Jun 30, 2023 | 17.22% |
| Mar 31, 2023 | 18.59% |
| Dec 31, 2022 | 43.93% |
| Sep 30, 2022 | 4.63% |
| Jun 30, 2022 | 31.00% |
| Mar 31, 2022 | 45.72% |