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Bit Digital BTBT Colocation Services — Deferred Revenue

Other product segments

Other Revenue
$2.79M

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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$481.52M-49.8%
Enterprise value$427.35M-47.8%
P/S4.1×-5.5×

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:ContractWithCustomerLiability.

The source filing: Bit Digital’s 10-Q, filed May 15, 2026.

Filed
May 15, 2026, 7:00 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001213900-26-057116
Line item20262027202820292030ThereafterTotal
Colocation Services$50,373,785$89,772,350$91,227,206$93,242,351$93,505,280$502,833,948$920,954,920
Other Revenue968,965918,966612,206266,89922,574-2,789,610
Total contract liabilities$51,342,750$90,691,316$91,839,412$93,509,250$93,527,854$502,833,948$923,744,530

Item 1. Financial Statements.

FAQ

What is Bit Digital's colocation services — deferred revenue?
Bit Digital (BTBT) reported colocation services — deferred revenue of $920.95M in Q1 2026.
What does colocation services — deferred revenue mean?
Represents the financial obligation arising from contracts with customers for colocation services where performance obligations have not yet been fully satisfied. This typically includes deferred revenue or advance payments received for future hosting services. It provides insight into the company's future service delivery commitments and potential liquidity impacts.

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