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Bit Digital BTBT Digital Asset Mining — Revenue

Other product segments

Total Consolidated Revenue
$27.92M
Segment Revenue
$27.55M
Total Consolidated Cost Of Revenue
$12.1M
Other Revenue
$383.36K
Elimination Of Intersegment Cost Of Revenue
-$8.68K
Elimination Of Intersegment Revenue
-$8.68K
Intersegment Revenue
$8.68K

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$33.25K+3.1%

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:Revenues.

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 itemFor the Three Months Ended March 31, 2026For the Three Months Ended March 31, 2025
Revenues
Digital asset mining$3,704,796$7,776,963
Cloud services16,766,54314,842,286
Colocation services4,773,5501,644,663
ETH staking2,296,509560,641
Other383,358280,567
Total revenues27,924,75625,105,120
Operating costs and expenses

Item 1. Financial Statements.

FAQ

What is Bit Digital's digital asset mining — revenue?
Bit Digital (BTBT) reported digital asset mining — revenue of $3.7M in Q1 2026.
How has Bit Digital's digital asset mining — revenue changed year-over-year?
Bit Digital's digital asset mining — revenue decreased by 52.4% year-over-year, from $7.78M to $3.7M.
What is the long-term trend for Bit Digital's digital asset mining — revenue?
Over 3 years (2022 to 2025), Bit Digital's digital asset mining — revenue has grown at a -5.4% compound annual growth rate (CAGR), from $32.27M to $27.35M.
What does digital asset mining — revenue mean?
This metric represents the total gross revenue generated from the company's digital asset mining operations. It reflects the value of digital assets earned through mining activities before the deduction of any direct costs or operating expenses. This figure serves as a primary indicator of the scale and productivity of the company's mining infrastructure.

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