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Other financials

Income statement

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Net income$1.7M+4,876%
EPS (diluted)$0.05+100%

Balance sheet

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Cash & equivalents$1.4M
Total equity-$9.1M-14,588%
Total assets$259.0M

Cash flow

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Operating cash flow-$537.4K-188%

Valuation

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Market cap$350.59M-0.5%
P/E97.2×

Returns & leverage

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Return on equity-78.4%
Current ratio13.7×

Where this comes from

Reported directly by BTC Development Corp. in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: BTC Development Corp.’s 10-Q, filed May 12, 2026.

Filed
May 12, 2026, 5:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001213900-26-055166
Line itemFor the Three Months Ended March 31, 2026For the Three Months Ended March 31, 2025
Formation, general and administrative costs$540,761$35,626
Loss from Operations(540,761)(35,626)
Other income:
Interest earned on marketable securities in Trust Account2,242,309
Net income (loss)$1,701,548$(35,626)
Weighted average shares Class A outstanding, basic and diluted26,060,000
Basic and diluted net income (loss) per Class A ordinary share$0.05
Weighted average shares Class B outstanding, basic and diluted8,686,6671

Item 1. Interim Financial Statements.

FAQ

What is BTC Development Corp.'s operating income?
BTC Development Corp. (BDCI) reported operating income of -$540.76K in Q1 2026.
How has BTC Development Corp.'s operating income changed year-over-year?
BTC Development Corp.'s operating income decreased by 1417.9% year-over-year, from -$35.63K to -$540.76K.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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