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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:DepreciationDepletionAndAmortization.

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
Cash Flows from Operating Activities:
Net loss$(150,279,311)$(57,711,645)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
Depreciation and amortization expenses10,035,5827,241,989
(Gain) loss from disposal of property, plant, and equipment(1,821,729)333,620
Amortization of discount on debts issued1,780,285-
Losses on digital assets121,070,27349,205,227
Share-based compensation expenses15,303,825252,390

Item 1. Financial Statements.

FAQ

What is Bit Digital's D&A?
Bit Digital (BTBT) reported D&A of $10.04M in Q1 2026.
How has Bit Digital's D&A changed year-over-year?
Bit Digital's D&A increased by 38.6% year-over-year, from $7.24M to $10.04M.
What is the long-term trend for Bit Digital's D&A?
Over 3 years (2022 to 2025), Bit Digital's D&A has grown at a 9.8% compound annual growth rate (CAGR), from $27.83M to $36.82M.
What does D&A mean?
Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

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