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Bit Digital BTBT Elimination Of Intersegment 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 Cost Of 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
Segment revenue3,704,79616,766,5434,782,2292,296,50927,550,077
Reconciliation of revenue
Other revenue (a)383,358383,358
Elimination of intersegment revenue(8,679)
Total consolidated revenue27,924,756
Less:
Electricity costs2,205,139905,552831,189-3,941,880
Profit sharing fees616,905---616,905

Item 1. Financial Statements.

FAQ

What is Bit Digital's elimination of intersegment revenue — revenue?
Bit Digital (BTBT) reported elimination of intersegment revenue — revenue of -$8.68K in Q1 2026.
What does elimination of intersegment revenue — revenue mean?
This metric represents the accounting adjustments made to remove revenue generated from transactions between different business units or operating segments within the company. It ensures that consolidated financial statements reflect only external revenue earned from third-party customers, preventing the double-counting of internal transfers. This figure is essential for accurately assessing the true market-facing revenue contribution of each business segment.

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