What is Bit Digital's cloud services — cost of revenue?

Bit Digital (BTBT) reported cloud services — cost of revenue of $6.78M in Q1 2026.

How has Bit Digital's cloud services — cost of revenue changed year-over-year?

Bit Digital's cloud services — cost of revenue increased by 11.4% year-over-year, from $6.09M to $6.78M.

What does cloud services — cost of revenue mean?

Includes all direct costs associated with delivering cloud infrastructure services, such as hardware leasing, energy consumption, and facility maintenance. Monitoring this metric helps assess the direct operational efficiency of the cloud service business model.

Bit Digital BTBT Cloud Services — Cost Of Revenue

Similar metrics at other companies

APLDCloud Services Business — Cost of revenues

$6.28M-73.1%

RXTPublic Cloud — Cost of Revenue

$353.9M+8.4%

OTEXCloud services and subscriptions — Cost of revenues:

$177.36M+1.8%

WYF

WYFICloud Services — Cost Of Revenuesexclusive Of Depreciation

$6.78M+11.0%

RXTPrivate Cloud — Cost of Revenue

$150.2M-4.5%

WYF

WYFICloud Services — Segment Cost Of Revenue

$6.79M—

Other financials

Income statement

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Revenue$27.9M+11.2%

Operating income-$142.9M-173%

Net income-$146.7M-154%

EPS (diluted)-$0.45-40.6%

Balance sheet

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Cash & equivalents$83.9M+36.8%

Total debt$29.7M+103%

Total equity$469.2M+12.4%

Total assets$1.2B+143%

Cash flow

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Operating cash flow-$1.1M-106%

CapEx$169.2M+160%

Free cash flow-$170.3M-258%

Valuation

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Market cap$673.94M+38.7%

Enterprise value$619.77M+41.1%

P/S5.8×+1.1×

Profitability

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Operating margin-156.7%-816pp

Net margin-145.4%+1,071pp

FCF margin-599.3%-855pp

Returns & leverage

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Return on equity-38.2%+67.7pp

Debt / equity0.1×0.0×

Current ratio6.4×+2.5×

Where this comes from

Reported directly by Bit Digital in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The official record: Bit Digital’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bit Digital's cloud services — cost of revenue?: Bit Digital (BTBT) reported cloud services — cost of revenue of $6.78M in Q1 2026.
How has Bit Digital's cloud services — cost of revenue changed year-over-year?: Bit Digital's cloud services — cost of revenue increased by 11.4% year-over-year, from $6.09M to $6.78M.
What does cloud services — cost of revenue mean?: Includes all direct costs associated with delivering cloud infrastructure services, such as hardware leasing, energy consumption, and facility maintenance. Monitoring this metric helps assess the direct operational efficiency of the cloud service business model.