Bitdeer Technologies reported a gross margin of -3.73% and a net margin of -40.33% for the quarter ended Jun 2026. These financial ratios cover 19 quarters of results from Dec 2021 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | |||||||||||||||||||
| Gross Margin | 45.72% | 31.00% | 4.63% | 43.93% | 18.59% | 17.22% | 24.19% | 23.55% | 28.56% | 24.59% | 4.46% | 7.39% | -5.66% | 7.70% | 24.06% | 4.70% | -20.66% | -3.73% | |
| EBT Margin | -4.55% | -14.69% | -35.80% | -94.27% | -14.38% | -56.10% | -3.73% | 4.28% | 0.55% | -15.21% | -86.77% | -771.80% | 140.75% | -38.61% | -153.82% | 32.43% | -86.24% | -44.74% | |
| EBIT Margin | -3.64% | -9.09% | -32.21% | -114.83% | -14.06% | -54.90% | -5.13% | 3.26% | 0.42% | -15.32% | -86.39% | -754.68% | -140.41% | 2.98% | -136.49% | 48.64% | -56.07% | -44.47% | |
| EBITDA Margin | 51.25% | -25.88% | 11.37% | 76.46% | 25.49% | -74.46% | 32.07% | 29.02% | 22.88% | 237.16% | -12.71% | -5.50% | -65.02% | 2.96% | 25.36% | 13.78% | 7.62% | 13.60% | |
| Operating Margin | -3.64% | -9.09% | -32.21% | -114.83% | -14.06% | -54.90% | -5.13% | 3.26% | 0.42% | -15.32% | -86.39% | -754.68% | -140.41% | 2.98% | -136.49% | 48.64% | -56.07% | -44.47% | |
| Net Margin | 1.49% | -11.88% | -5.37% | -400.36% | -0.02% | -58.06% | 0.01% | 3.90% | 8.13% | 0.01% | -80.76% | -0.34% | -94.65% | -40.45% | -157.14% | 0.12% | -56.41% | -40.33% | |
| FCF Margin | -52.18% | -39.18% | -36.36% | -85.82% | -57.23% | -98.02% | -409.23% | -380.90% | -144.79% | -279.28% | -251.27% | -293.09% | 46.97% | ||||||
| Efficiency | |||||||||||||||||||
| Inventory AverageInventory Avg. | 66.76M | 109.31M | 181.26M | 220.16M | 241.77M | 432.52M | |||||||||||||
| Assets AverageAssets Avg. | 644.09M | 627.89M | 620.31M | 312.10M | 346.79M | 759.34M | 937.07M | 1,302.14M | 1,578.24M | 1,819.85M | 2,239.07M | 2,612.49M | 2,944.50M | 3,273.76M | |||||
| Invested CapitalInvested Cap. | 317.54M | 348.14M | 351.05M | 338.45M | 341.32M | 355.18M | 414.03M | 542.56M | 757.82M | 1,248.66M | 1,266.86M | 1,504.86M | 1,608.49M | 1,821.21M | 1,936.82M | 2,311.36M | |||
| Asset Utilization RatioAsset Util. | 0.40 | 0.42 | 0.44 | 1.18 | 1.20 | 0.55 | 0.42 | 0.27 | 0.19 | 0.20 | 0.21 | 0.24 | 0.25 | 0.25 | |||||
| Leverage & Solvency | |||||||||||||||||||
| Interest Coverage RatioInterest Cover | 3.97 | 1.62 | 44.00 | 57.55 | 131.76 | -3.98 | -0.82 | -14.05 | 66.49 | 44.10 | -9.05 | -0.30 | 7.87 | -3.00 | 3.13 | ||||
| Debt Ratio | 0.05 | 0.11 | 0.05 | 0.05 | 0.04 | 8.70 | 0.03 | 0.08 | 0.23 | 0.62 | 0.30 | 0.39 | 0.42 | 0.35 | 0.39 | 0.35 | |||
| Times Interest Earned | 3.97 | 1.62 | 44.00 | 57.55 | 131.76 | -3.98 | -0.82 | -14.05 | 66.49 | 44.10 | -9.05 | -0.30 | 7.87 | -3.00 | 3.13 | ||||
| Valuation | |||||||||||||||||||
| Price to EarningsP/E | 809.28 | -103.71 | -271.44 | -13.25 | -0.10M | -22.35 | 0.13M | 246.37 | 80.91 | 0.08M | -17.50 | -0.01M | -18.28 | -25.07 | -8.81 | 0.01M | -19.12 | -40.51 | |
| Price to SalesP/S | 12.09 | 12.32 | 14.57 | 53.04 | 16.25 | 12.97 | 12.00 | 9.61 | 6.58 | 11.58 | 14.13 | 43.15 | 17.30 | 10.14 | 13.84 | 11.74 | 10.78 | 16.34 | |
| Price to BookP/B | 3.76 | 3.56 | 3.67 | 3.95 | 3.29 | 3.32 | 2.01 | 2.40 | 1.68 | 10.77 | 1.53 | 2.23 | 4.09 | 3.11 | 2.79 | 3.39 | |||
| Enterprise Value | 710.37M | 1,093.33M | 1,098.76M | 1,116.15M | 901.09M | 1,005.29M | 1,087.02M | 913.17M | 959.26M | 667.54M | 944.89M | 585.38M | 2,493.54M | 973.91M | 1,252.61M | 2,146.16M | 2,486.21M | 1,772.07M | 3,277.35M |
| EV to EBIT | -332.42 | -135.53 | -45.24 | -36.75 | -98.49 | -21.10 | -203.83 | 256.49 | 0.00M | -62.15 | -10.92 | -4.79 | -9.89 | 269.96 | -9.27 | 22.74 | -16.73 | -32.22 | |
| EV to EBITDA | 23.59 | -47.62 | 128.19 | 55.20 | 54.34 | -15.56 | 32.61 | 28.78 | 24.42 | 4.02 | -74.27 | -656.37 | -21.36 | 272.01 | 49.86 | 80.23 | 123.16 | 105.36 | |
| Market Capitalization | 1,082.46M | 1,093.33M | 1,098.76M | 1,116.15M | 1,132.46M | 1,179.19M | 1,217.23M | 1,047.68M | 1,103.99M | 786.00M | 1,148.77M | 876.70M | 2,978.02M | 1,213.47M | 1,577.65M | 2,348.61M | 2,640.54M | 2,037.53M | 3,738.21M |
| Price to FCFP/FCF | -24.87 | -30.63 | -26.44 | -7.66 | -20.23 | -14.42 | -10.54 | -4.54 | -7.00 | -4.96 | -4.67 | -3.68 | 34.78 | ||||||
| EV to FCF | -22.21 | -26.70 | -22.97 | -6.51 | -16.64 | -9.63 | -8.83 | -3.65 | -5.56 | -4.53 | -4.40 | -3.20 | 30.50 | ||||||
| EV to CFO | -16.44 | -19.19 | -14.30 | -5.05 | -12.75 | -6.45 | -7.67 | -3.41 | -3.72 | -4.12 | -4.15 | -5.11 | -20.67 | ||||||
| Return Ratios | |||||||||||||||||||
| Return on Sales [ROS]ROS | -3.64% | -9.09% | -32.21% | -114.83% | -14.06% | -54.90% | -5.13% | 3.26% | 0.42% | -15.32% | -86.39% | -754.68% | -140.41% | 2.98% | -136.49% | 48.64% | -56.07% | -44.47% | |
| Return on Capital Employed [ROCE]ROCE | -32.71% | -291.63% | -73.28% | -90.58% | -105.35% | -10.58% | -10.58% | -13.56% | |||||||||||
| Return on Invested Capital [ROIC]ROIC | -18.40% | -32.46% | -25.82% | -16.27% | -11.66% | -0.56% | -8.62% | -58.96% | -55.70% | -48.93% | -54.27% | -12.22% | -11.68% | -15.78% | |||||
| Return on Assets [ROA]ROA | -10.52% | -17.78% | -13.48% | -17.85% | -12.58% | -0.29% | -5.87% | -46.33% | -32.44% | -30.55% | -33.66% | -5.55% | -13.70% | -14.07% |