Bit Digital financials
$1.65−1.79%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 |
|---|---|---|---|---|---|---|
| Revenue | $113.6M | $108.1M | $44.9M | $32.3M | $96.1M | $21.1M |
| Gross profit | $61.2M | $45.7M | $15.4M | $11.9M | $65.3M | $7.0M |
| Gross margin | 53.9% | 42.3% | 34.2% | 36.9% | 68.0% | 33.0% |
| Operating income | -$56.6M | -$28.1M | -$33.4M | -$113.7M | -$14.9M | $122.8K |
| Net income | -$80.3M | $28.3M | -$13.9M | -$105.3M | -$1.0M | -$2.3M |
| Net margin | −70.7% | 26.2% | −30.9% | −326.0% | −1.1% | −10.8% |
| Diluted EPS | $-0.31 | $0.19 | $-0.16 | $-1.34 | $-0.02 | $-0.07 |
| EBITDA | -$19.8M | $4.2M | -$12.3M | -$11.1M | $26.2M | $4.4M |
| Operating cash flow | -$288.9M | -$13.0M | $1.1M | -$8.5M | -$17.4M | -$971.7K |
| Free cash flow | -$574.9M | -$107.0M | -$65.6M | -$27.8M | -$64.2M | -$5.5M |
| Diluted shares | 257.9M | 141.5M | 87.5M | 78.6M | 55.4M | 30.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $118.4M | $95.2M | $16.9M | $32.7M | $42.4M | $405.1K |
| Short-term investments | $4.3M | $2.5M | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $123.2M | $785.4K | $1.9M | $0.00 | $2.8M | $0.00 |
| Total assets | $1.17B | $538.2M | $189.3M | $100.4M | $173.7M | $39.9M |
| Total liabilities | $309.2M | $74.8M | $36.6M | $10.5M | $8.3M | $1.9M |
| Shareholders' equity | $865.3M | $463.5M | $152.7M | $89.9M | $165.4M | $38.0M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology