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Bit Digital BTBT Deferred Revenue

Deferred Revenue at other companies

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$18.73M
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$1.97M-56.8%
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$501.18K+45.8%
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$2.32K-90.3%
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Iris EnergyIREN

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:ContractWithCustomerLiabilityCurrent.

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
ASSETSMarch 31, 2026December 31, 2025 / (audited)
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities
Accounts payable$8,798,632$8,874,530
Current portion of deferred revenue18,730,6197,997,054
Current portion of lease liabilities18,375,50018,460,194
Income tax payable788,1571,546,876
Other payables and accrued liabilities31,853,84356,067,289
Total Current Liabilities78,546,75192,945,943

Item 1. Financial Statements.

FAQ

What is Bit Digital's deferred revenue?
Bit Digital (BTBT) reported deferred revenue of $18.73M in Q1 2026.
How has Bit Digital's deferred revenue changed year-over-year?
Bit Digital's deferred revenue decreased by 11.5% year-over-year, from $21.18M to $18.73M.
What is the long-term trend for Bit Digital's deferred revenue?
Over 2 years (2023 to 2025), Bit Digital's deferred revenue has grown at a -21.8% compound annual growth rate (CAGR), from $13.07M to $8M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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