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Bit Digital BTBT Total Operating Expenses

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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:OperatingExpenses.

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
Depreciation and amortization expenses(10,035,581)(7,241,989)
General and administrative expenses(27,627,296)(8,235,923)
Losses on digital assets(121,070,273)(49,205,227)
Total operating expenses(170,838,049)(77,473,432)
Loss from operations(142,913,293)(52,368,312)
Net gain (loss) from disposal of property, plant and equipment1,821,729(333,620)
Change in fair value of derivative liability9,252,000-
Interest expense(5,084,978)-

Item 1. Financial Statements.

FAQ

What is Bit Digital's total operating expenses?
Bit Digital (BTBT) reported total operating expenses of $170.84M in Q1 2026.
How has Bit Digital's total operating expenses changed year-over-year?
Bit Digital's total operating expenses increased by 120.5% year-over-year, from $77.47M to $170.84M.
What is the long-term trend for Bit Digital's total operating expenses?
Over 3 years (2022 to 2025), Bit Digital's total operating expenses has grown at a 13.8% compound annual growth rate (CAGR), from $139.46M to $205.39M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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