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Bit Digital, Inc

BTBT

$0.70 ▼ -0.14 (-16.34%) at close

11 Visible periods

30 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

Bit Digital, Inc faces fundamental challenges with weakness in Profit Margin (%) and Operating Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $180.5M

Dividend Yield —

Revenue Growth 5.1% ↘

Op. Margin -80.9% ↘

ROIC -12.4% ↘

FCF / Share $-2.23 ↘

Trailing P/E —

Price / Book 0.3x

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Nov 5, 2026.

11-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$113.56M

↑ +5.1% —

Net Income Profit after all expenses

$-80.32M

↓ -383.7% —

Operating Margin Operating profit as % of sales

-80.9%

↓ -417.0% 3th

FCF / Share Free cash flow per share

$-2.23

↓ -192.4% —

Long-Term Debt Long-term obligations

$3.04M

↑ +10.0% —

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Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile

Health Breakdown

Profitability ↓

Returns ↓

Cash Quality ↓

Financial view

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗	FY 2016 Dec 31, 2016 20-F ↗	FY 2015 Dec 31, 2015 20-F ↗
Revenue Growth YoY (%)	5.1% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-15%)	140.6% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+2243%)	39.1% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+551%)	-66.4% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-1206%)	356.1% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+5835%)	360.7% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+5912%)	-42.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-801%)	13.5% Good Good Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+124%)	87.6% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1361%)	—	—
EPS Growth YoY (%)	N/M	N/M	88.1% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-6600.0% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	66.7% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—	—	—
Net Income Growth YoY (%)	N/M	N/M	86.8% Excellent ↑ Excellent Improving Year-over-year change in net income	-10325.9% Weak ↓ Weak Declining Year-over-year change in net income	47.1% Excellent ↑ Excellent Improving Year-over-year change in net income	79.8% Excellent ↑ Excellent Improving Year-over-year change in net income	-176.4% Weak Weak Year-over-year change in net income	-263.6% Weak Weak Year-over-year change in net income	N/M	—	—
FCF Growth YoY (%)	-192.4% Weak ↓ Weak Declining Year-over-year change in free cash flow	-1.8% Weak ↑ Weak Improving Year-over-year change in free cash flow	-111.6% Weak ↓ Weak Declining Year-over-year change in free cash flow	17.6% Good Good Year-over-year change in free cash flow	-65.8% Weak Weak Year-over-year change in free cash flow	—	—	—	—	—	—
Revenue CAGR 3Y (%)	52.1% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	4.0% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	28.7% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	91.9% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	130.1% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	44.7% Excellent Excellent Compound annual revenue growth over 3 years	7.3% Fair Fair Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	40.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	88.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	41.6% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	36.0% Excellent Excellent Compound annual revenue growth over 5 years	91.8% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗	FY 2016 Dec 31, 2016 20-F ↗	FY 2015 Dec 31, 2015 20-F ↗
Operating Margin (%) (%)	-80.9% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-423%)	25.5% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	-37.0% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-248%)	-331.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1427%)	6.1% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-75%)	5.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-79%)	-208.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-936%)	-53.0% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-312%)	-19.6% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-178%)	5.9% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-77%)	—
Effective Tax Rate (%) (%)	2.3% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	12.3% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-2.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.6% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	135.5% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	-9.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	11.5% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	21.4% Fair Fair Actual taxes paid relative to pre-tax income Optimal: 15-25%	25.0% Caution Caution Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	-70.7% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-421%)	26.2% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+19%)	-30.9% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-241%)	-326.0% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1582%)	-1.1% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-105%)	-9.1% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-141%)	-207.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1041%)	-43.4% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-297%)	-13.6% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-162%)	4.3% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-80%)	—
FCF Margin (%) (%)	—	-99.0% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-145.9% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-86.2% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-24.8% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-37.6% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-29.5% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-73.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-28.2% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-32.4% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	7.16x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-3.78x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	4.72x Excellent ↓ Excellent Declining Free cash flow relative to reported net income Optimal: > 1x	0.26x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	23.58x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	4.15x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.14x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	1.69x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	2.08x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	-7.46x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗	FY 2016 Dec 31, 2016 20-F ↗	FY 2015 Dec 31, 2015 20-F ↗
Return on Invested Capital (%)	-12.4% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	5.2% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	-11.1% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-114.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-1.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	2.3% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-271.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-31.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-9.0% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	2.1% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-7.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	5.1% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	-8.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-106.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	3.4% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	2.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-211.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-33.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-10.5% Weak Weak Operating profit relative to total assets Optimal: > 10%	2.4% Weak Weak Operating profit relative to total assets Optimal: > 10%	—
Return on Common Equity (%) (%)	-11.1% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-192%)	6.1% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-49%)	-9.1% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-176%)	-117.1% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1076%)	-0.6% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-105%)	-5.0% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-142%)	-247.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-2158%)	-29.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-346%)	-8.0% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-166%)	2.0% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-83%)	—

⚖️ Is the balance sheet risky? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗	FY 2016 Dec 31, 2016 20-F ↗	FY 2015 Dec 31, 2015 20-F ↗
Debt to Equity (x)	—	—	—	0.03x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-97%)	0.02x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-99%)	—	—	—	—	—	—
Net Debt (USD)	$-118.36M	$-95.20M	$-16.86M	$-29.65M	$-39.63M	$-405.13K	$-30.65K	$-2.33M	$-5.46M	$-7.38M	$-674.51K
Debt / EBITDA (x)	—	—	—	-0.04x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.15x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗	FY 2016 Dec 31, 2016 20-F ↗	FY 2015 Dec 31, 2015 20-F ↗
Revenue per Share (USD)	$0.44	$0.77	$0.51	$0.41	$1.73	$0.69	—	—	—	—	—
Basic EPS, GAAP (USD)	$-0.31	$0.20	$-0.16	$-1.34	$-0.02	$-0.06	—	—	—	—	—
Free Cash Flow per Share (USD)	$-2.23	$-0.76	$-0.75	$-0.35	$-0.43	$-0.26	—	—	—	—	—
Book Value per Share (USD)	$2.23	$2.59	$1.42	$1.09	$2.38	$0.79	$0.25	$0.78	$0.91	—	—
Tangible Book Value per Share (USD)	$2.13	$2.41	$1.42	$1.09	$2.38	$0.79	$0.25	$0.78	$0.91	—	—
Basic Weighted Avg Shares (shares)	257.88M	140.35M	87.53M	78.61M	55.44M	30.59M	—	—	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗	FY 2016 Dec 31, 2016 20-F ↗	FY 2015 Dec 31, 2015 20-F ↗
Working Capital (USD)	$500.80M	$241.83M	$56.26M	$56.95M	$85.27M	$6.83M	$130.66K	$5.26M	$9.59M	$7.63M	—
LT Debt (USD)	—	—	—	$3.04M	$2.77M	—	—	—	—	—	—
Total Equity (USD)	$723.99M	$463.48M	$152.70M	$89.93M	$165.40M	$38.00M	$3.83M	$11.61M	$11.84M	$7.86M	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗	FY 2016 Dec 31, 2016 20-F ↗	FY 2015 Dec 31, 2015 20-F ↗
Sales/Revenue/Turnover (USD)	$113.56M	$108.05M	$44.92M	$32.30M	$96.08M	$21.07M	$4.57M	$7.89M	$6.95M	$3.71M	—
Depreciation Expense (USD)	$36.82M	$32.31M	$13.11M	$27.83M	$13.11M	$3.34M	$30.20K	$82.87K	$57.60K	$38.97K	—
Net Income, GAAP (USD)	$-80.32M	$28.31M	$-13.89M	$-105.30M	$-1.01M	$-1.91M	$-9.47M	$-3.43M	$-942.37K	$160.91K	—
Operating Cash Flow (USD)	$-288.92M	$-12.99M	$1.11M	$-8.50M	$-17.35M	$-3.42M	$-1.35M	$-5.05M	$-1.91M	$-1.09M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 4 days ago 11 years · 19 quarters

Bit Digital, Inc

Analytical Summary

11-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Statement lens

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