Bit Digital BTBT Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | -156.7%-75.8pp | -80.9%-202pp | 121.2%+170pp | -49%+21.0pp | -70%-95.5pp | |
| Net margin | -145.4%-74.7pp | -70.7%-199pp | 128%+181pp | -53%+24.4pp | -77.3%-104pp | |
| EBITDA margin | -122.7%-74.2pp | -48.4%-201pp | 152.2%+169pp | -17.2%+22.2pp | -39.4%-94.8pp | |
| Free cash flow margin | -599.3%-93.2pp | -506.2%-87.2pp | -419%-226pp | -192.7%-54.9pp | -137.8%-31.0pp | |
| Returns | ||||||
| Return on equity | -38.2%-24.7pp | -13.5%-36.0pp | 22.4%+33.8pp | -11.3%+11.9pp | -23.3%-32.5pp | |
| Return on assets | -20.3%-10.9pp | -9.4%— | —— | —— | —— | |
| Return on invested capital | -46.4%-28.1pp | -18.3%— | —— | —— | —— | |
| Efficiency | ||||||
| Asset turnover | 0.1×0.0× | 0.1×— | —— | —— | —— | |
| Liquidity | ||||||
| Current ratio | 6.4×0.0× | 6.4×-11.1× | 17.5×+9.7× | 7.8×+3.9× | 3.9×-1.5× | |
| Quick ratio | 6.4×0.0× | 6.4×-11.1× | 17.5×+9.7× | 7.8×+3.9× | 3.9×-1.5× | |
| Cash ratio | 1.1×-0.2× | 1.3×-3.5× | 4.8×+0.2× | 4.6×+3.3× | 1.3×-0.5× | |
| Leverage | ||||||
| Debt-to-equity | 0.1×0.0× | 0×0.0× | 0×0.0× | 0.1×0.0× | 0×0.0× | |
| Debt-to-assets | 0×0.0× | 0×0.0× | 0×0.0× | 0.1×0.0× | 0×0.0× | |
| Interest coverage | -24.6×+5.1× | -29.7×— | —— | —— | —— | |
| Per Share | ||||||
| Book value per share | $1.44-48.7% | $2.81-1.2% | $2.84-6.3% | $3.03+31.8% | $2.30-29.7% | |
| Valuation | ||||||
| Market capitalization | $673.94M+38.7% | $611.75M-36.6% | $964.3M+39.4% | $691.82M+87.7% | $368.52M-18.1% | |
| Enterprise value | $619.77M+41.1% | $513.41M-37.7% | $823.56M+49.5% | $551.05M+71.2% | $321.84M-11.9% | |
| Price / sales | 5.8×+1.1× | 5.4×-3.6× | 9×+2.1× | 7×+3.4× | 3.6×-0.6× | |
| Price / book | 1.4×+0.3× | 0.8×-0.2× | 1.1×0.0× | 1.1×+0.2× | 0.9×-0.1× | |
| EV / sales | 5.3×+1.1× | 4.5×-3.2× | 7.7×+2.2× | 5.5×+2.4× | 3.1×-0.3× | |
| Free cash flow yield | -103.5%-74.3pp | -94%-47.5pp | -46.5%-18.8pp | -27.7%+10.8pp | -38.4%-12.8pp | |
| Earnings yield | -25.1%-8.8pp | -13.1%-27.3pp | 14.2%+21.8pp | -7.6%+14.0pp | -21.6%-27.9pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Bit Digital's ratios come from?
- Every ratio is computed from Bit Digital's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
