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
DateValue
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%