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Bit Digital BTBT Elimination Of Intersegment Cost Of Revenue — 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 Revenue
-$8.68K
Intersegment Revenue
$8.68K

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Other financials

Income statement

See full
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

See full
Operating margin-156.7%-816pp
Net margin-145.4%+1,071pp
FCF margin-599.3%-855pp

Returns & leverage

See full
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 itemDigital asset miningCloud servicesColocation servicesETH stakingTotal
Third-party customer support fees-147,753--147,753
Other segment items (b)429,455615,598449,506-1,494,559
Intersegment cost of revenue-8,679--8,679
Segment cost of revenue3,251,4996,787,9621,952,783121,33412,113,578
Reconciliation of cost of revenue
Elimination of intersegment cost of revenue(8,679)
Total consolidated cost of revenue12,104,899
Segment gross profit$453,297$9,978,581$2,829,446$2,175,175$15,436,499

Item 1. Financial Statements.

FAQ

What is Bit Digital's elimination of intersegment cost of revenue — revenue?
Bit Digital (BTBT) reported elimination of intersegment cost of revenue — revenue of -$8.68K in Q1 2026.
What does elimination of intersegment cost of revenue — revenue mean?
This metric represents the accounting adjustments made to remove internal revenue transactions between different business segments or subsidiaries within the consolidated financial statements. It ensures that the total revenue reported reflects only transactions with external third-party customers, preventing the double-counting of internal service or product transfers. This adjustment is critical for accurately assessing the true external market performance of the company's mining, staking, and cloud infrastructure divisions.

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