Bit Digital reported revenue of $32.11M and net income of -$111.67M for the quarter ended Jun 2026, up 25.2% year over year. This income statement covers 24 quarters of results from Dec 2016 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2016 | Dec2017 | Dec2018 | Dec2019 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||
| Revenue | 43.95M | 28.34M | 10.40M | 13.39M | 8.57M | 6.82M | 9.13M | 7.78M | 30.39M | 29.04M | 22.84M | 25.78M | 25.11M | 25.66M | 30.46M | 32.34M | 27.92M | 32.11M | ||||||
| Cost of RevenueCost of Rev | 12.47M | 10.88M | 2.61M | 4.78M | 4.27M | 3.58M | 6.50M | 6.02M | 12.98M | 4.60M | 5.46M | 29.09M | 0.55M | 0.03M | 6.31M | 3.40M | 3.25M | 13.54M | ||||||
| Gross Profit | 31.49M | 17.46M | 7.79M | 8.61M | 4.31M | 3.23M | 2.63M | 1.76M | 17.40M | 24.45M | 17.38M | -3.31M | 24.56M | 25.63M | 24.15M | 28.94M | 24.67M | 18.57M | ||||||
| Operating items | ||||||||||||||||||||||||
| Selling, General & AdministrativeSG&A | 2.23M | 4.34M | 19.55M | 13.05M | 4.27M | 4.60M | 6.23M | 7.88M | 5.96M | 5.48M | 13.68M | 16.39M | 8.24M | 19.67M | 33.09M | 19.93M | 27.63M | 22.57M | ||||||
| Other Operating ExpensesOther Opex | 0.04M | -3.79M | 0.17M | 1.28M | 0.06M | -0.16M | 45.73M | -11.54M | -21.92M | -13.14M | -0.33M | 27.15M | -0.54M | -146.90M | 1.82M | 11.32M | ||||||||
| Operating ExpensesOpex | 2.23M | 4.34M | 19.55M | 13.05M | 4.27M | 4.60M | 6.23M | 7.88M | -16.77M | 40.52M | 59.45M | -2.71M | 77.47M | 13.92M | -111.34M | 225.34M | 170.84M | 114.73M | ||||||
| Operating IncomeOp. Inc | 36.07M | -2.30M | -0.36M | -12.98M | 5.85M | -17.85M | -0.17M | -113.20M | 47.16M | -11.48M | -36.61M | 28.50M | -52.37M | 11.74M | 141.80M | -193.00M | -142.91M | -82.61M | ||||||
| EBIT | 36.07M | -2.30M | -0.36M | -12.98M | 5.85M | -17.85M | -0.17M | -113.20M | 47.16M | -11.48M | -36.61M | 28.50M | -52.37M | 11.74M | 141.80M | -193.00M | -142.91M | -82.61M | ||||||
| Non-operating items | ||||||||||||||||||||||||
| Non Operating Investment IncomeNon-Op. Investment Inc. | 1.04M | |||||||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 0.00M | 0.49M | 0.00M | 0.20M | -0.57M | -0.02M | 0.03M | -0.55M | 4.50M | 0.07M | -1.56M | 2.57M | -4.34M | 4.73M | 6.16M | 9.19M | 9.25M | -13.97M | ||||||
| Non Operating IncomeNon Op. Inc. | -7.89M | -30.64M | -26.18M | 60.78M | -20.75M | -24.67M | -23.36M | 64.38M | 4.50M | 0.07M | -1.56M | 1.71M | -4.67M | 4.73M | 5.62M | 2.31M | -6.94M | -30.51M | ||||||
| Net income details | ||||||||||||||||||||||||
| EBT | -2.29M | -1.24M | -0.36M | -12.77M | -11.53M | -16.95M | -0.17M | -25.91M | 51.66M | -11.41M | -38.17M | 30.20M | -57.04M | 16.47M | 147.42M | -193.78M | -149.86M | -113.13M | ||||||
| Tax ProvisionsTaxes | 0.28M | 0.10M | 0.94M | 2.53M | -1.35M | 1.17M | 0.20M | -0.61M | 1.58M | 0.54M | 0.63M | 1.23M | 0.67M | 1.60M | 0.70M | -4.97M | 0.42M | -1.46M | ||||||
| Profit After TaxPAT | -2.29M | -0.52M | -20.15M | 10.12M | 4.33M | 0.36M | -14.51M | -141.90M | 50.08M | -11.95M | -38.80M | 28.97M | -57.71M | 14.87M | -38.80M | -83.91M | -146.67M | -111.67M | ||||||
| Income from Non-Controlling InterestsInc. Minority | -4.16M | -0.45M | -3.61M | -4.45M | ||||||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -2.57M | -1.34M | -1.30M | -15.31M | -10.18M | -18.12M | -0.37M | -25.30M | 50.08M | -11.95M | -38.80M | 28.97M | -57.71M | 14.87M | 146.72M | -188.82M | -150.28M | -111.67M | ||||||
| Consolidated Net IncomeConsol Net Inc. | -2.57M | -1.34M | -1.30M | -15.31M | -10.18M | -18.12M | -0.37M | -25.30M | 50.08M | -11.95M | -38.80M | 28.97M | -57.71M | 14.87M | 146.72M | -188.82M | -150.28M | -111.67M | ||||||
| Income towards Parent CompanyParent Net Inc | -2.57M | -1.34M | -1.30M | -15.31M | -10.18M | -18.12M | -0.37M | -25.30M | 50.08M | -11.95M | -38.80M | 28.97M | 1.90M | 0.10M | 3.90M | 2.00M | -150.28M | -111.67M | ||||||
| Net Income towards Common StockholdersNet Income | -2.57M | -1.34M | -1.30M | -15.31M | -10.18M | -18.12M | -0.37M | -25.30M | 50.08M | -11.95M | -38.80M | 28.97M | 1.90M | 0.10M | 3.90M | 2.00M | -150.28M | -107.21M | ||||||
| Additional items | ||||||||||||||||||||||||
| EPS (Basic) | -0.05 | -0.03 | -0.03 | -0.28 | -0.15 | -0.24 | 0.00 | -0.32 | 0.44 | -0.09 | -0.26 | 0.21 | 0.01 | 0.00 | 0.01 | 0.01 | -0.46 | -0.33 | ||||||
| EPS (Diluted) | -0.08 | -0.04 | -0.04 | -0.27 | -0.18 | -0.32 | -0.01 | -0.32 | 0.43 | -0.09 | -0.26 | 0.20 | 0.01 | 0.00 | 0.01 | 0.01 | -0.46 | -0.33 | ||||||
| Shares Outstanding | 30.59M | 48.29M | 49.02M | 50.92M | 55.44M | 69.63M | 74.70M | 77.30M | 78.61M | 87.53M | 114.59M | 128.05M | 149.68M | 140.35M | 181.41M | 206.89M | 317.30M | 257.88M | 325.64M | 325.64M | ||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 30.59M | 30.59M | 30.59M | 30.59M | 57.53M | 57.53M | 57.53M | 57.53M | 78.61M | 87.53M | 115.59M | 128.05M | 149.68M | 141.51M | 181.41M | 208.82M | 318.90M | 257.88M | 325.64M | 325.64M | ||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 30.59M | 48.29M | 49.02M | 50.92M | 55.44M | 69.63M | 74.70M | 77.30M | 82.43M | 87.53M | 121.00M | 137.36M | 153.51M | 140.35M | 182.77M | 206.89M | 322.12M | 257.88M | 331.43M | |||||
| EBITDA | 36.07M | -2.30M | -0.36M | -12.98M | 5.85M | -17.85M | -0.17M | -113.20M | 47.16M | -11.48M | -36.61M | 28.50M | -52.37M | 11.74M | 141.80M | -193.00M | -142.91M | -82.61M | ||||||
| Interest ExpensesInt Expense | 0.24M | 0.09M | 8.92M | 9.40M | 0.60M | 0.60M | 1.04M | 0.98M | 10.86M | 77.25M | 2.25M | -2.05M | 12.51M | 20.76M | ||||||||||
| Tax Rate | -12.32% | -8.23% | -261.09% | -19.83% | 11.72% | -6.91% | -112.33% | 2.35% | 3.05% | -4.75% | -1.65% | 4.08% | -1.18% | 9.72% | 0.47% | 2.56% | -0.28% | 1.29% |