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Bit Digital, Inc

BTBT

$1.77 ▼ -0.08 (-4.32%) at close

19 Visible periods

29 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 $619.5M

Dividend Yield —

Revenue Growth 25.2% ↗

Op. Margin -257.3%

ROIC -19.4% ↗

FCF / Share $-0.36 ↗

Trailing P/E —

Price / Book 1.6x

FCF Yield —

Debt / Equity 0.26

info Valuation on last close. End-of-day price, Sep 23, 2026.

19-Year Financial Trajectory

Quarterly

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$32.11M

↑ +25.2% —

Net Income Profit after all expenses

$-107.21M

↓ -85.8% —

Operating Margin Operating profit as % of sales

-257.3%

↓ -662.3% 3th

FCF / Share Free cash flow per share

$-0.36

↑ +30.2% —

Long-Term Debt Long-term obligations

$25.46M

↑ +736.5% —

trending_up

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? 4 metrics

Metric	Q2 FY2026 Jun 30, 2026 10-Q ↗	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Jan 31, 2024 10-K ↗	Q4 FY2022 Dec 31, 2022 20-F ↗	Q4 FY2021 Dec 31, 2021 20-F ↗	Q4 FY2020 Dec 31, 2020 20-F ↗	Q4 FY2019 Dec 31, 2019 20-F ↗	Q4 FY2018 Dec 31, 2018 20-F ↗	Q4 FY2017 Dec 31, 2017 20-F ↗	Q4 FY2016 Dec 31, 2016 20-F ↗	Q4 FY2015 Dec 31, 2015 20-F ↗
Revenue Growth YoY (%)	25.2% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+319%)	11.2% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+87%)	25.4% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+324%)	33.4% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+456%)	-11.7% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-294%)	-17.4% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-390%)	—	—	—	—	—	—	—	—	—	—	—	—	—
EPS Growth YoY (%)	N/M	-40.6% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	N/M	N/M	—	—	—	—	—	—	—	—	—	—	—	—	—
Net Income Growth YoY (%)	-85.8% Weak Weak Year-over-year change in net income	-154.1% Weak Weak Year-over-year change in net income	N/M	N/M	N/M	N/M	—	—	—	—	—	—	—	—	—	—	—	—	—
FCF Growth YoY (%)	—	-99.4% Weak Weak Year-over-year change in free cash flow	—	N/M	—	-40.8% Weak Weak Year-over-year change in free cash flow	—	—	—	—	—	—	—	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	Q2 FY2026 Jun 30, 2026 10-Q ↗	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Jan 31, 2024 10-K ↗	Q4 FY2022 Dec 31, 2022 20-F ↗	Q4 FY2021 Dec 31, 2021 20-F ↗	Q4 FY2020 Dec 31, 2020 20-F ↗	Q4 FY2019 Dec 31, 2019 20-F ↗	Q4 FY2018 Dec 31, 2018 20-F ↗	Q4 FY2017 Dec 31, 2017 20-F ↗	Q4 FY2016 Dec 31, 2016 20-F ↗	Q4 FY2015 Dec 31, 2015 20-F ↗
Operating Margin (%) (%)	-257.3% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1129%)	—	—	—	45.7% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+83%)	-208.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-934%)	—	-160.3% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-741%)	-39.5% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-258%)	—	—	—	—	—	—	—	—	—	—
Effective Tax Rate (%) (%)	1.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.3% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	2.6% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.5% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	9.7% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-1.2% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	4.1% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-1.6% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-4.7% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	3.1% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—	—	—	—
Profit Margin (%) (%)	-333.9% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1618%)	—	—	—	-224.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1122%)	-229.9% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1145%)	—	-169.9% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-872%)	—	—	—	—	—	—	—	—	—	—	—
FCF Margin (%) (%)	-397.6% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	—	-189.4% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	28.4% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	37.0% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	-50.2% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-70.2% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	—	—	—	—	—	—
FCF / Net Income (x)	1.19x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	1.16x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	1.09x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	-1.70x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	—	0.82x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	0.25x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-0.22x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-0.29x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	-0.43x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—	—	—	—	—	—	—	—	—

🎯 Is capital allocation efficient? 3 metrics

Metric	Q2 FY2026 Jun 30, 2026 10-Q ↗	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Jan 31, 2024 10-K ↗	Q4 FY2022 Dec 31, 2022 20-F ↗	Q4 FY2021 Dec 31, 2021 20-F ↗	Q4 FY2020 Dec 31, 2020 20-F ↗	Q4 FY2019 Dec 31, 2019 20-F ↗	Q4 FY2018 Dec 31, 2018 20-F ↗	Q4 FY2017 Dec 31, 2017 20-F ↗	Q4 FY2016 Dec 31, 2016 20-F ↗	Q4 FY2015 Dec 31, 2015 20-F ↗
Return on Invested Capital (%)	-19.4% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-30.5% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-26.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	15.6% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	1.7% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-12.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	5.9% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	—	-4.1% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	17.2% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—	—	—	—	—	—	—	—	—
Return on Capital (%) (%)	-6.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-12.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-16.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	12.5% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	1.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-10.8% Weak Weak Operating profit relative to total assets Optimal: > 10%	5.3% Caution Caution Operating profit relative to total assets Optimal: > 10%	—	—	—	—	—	—	—	—	—	—	—	—
Return on Common Equity (%) (%)	-27.1% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-326%)	-31.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-360%)	-26.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-317%)	16.7% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+39%)	-9.1% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-176%)	-13.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-215%)	6.3% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-48%)	—	17.0% Good Good Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+41%)	18.9% Good Good Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+57%)	—	—	—	—	—	—	—	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	Q2 FY2026 Jun 30, 2026 10-Q ↗	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Jan 31, 2024 10-K ↗	Q4 FY2022 Dec 31, 2022 20-F ↗	Q4 FY2021 Dec 31, 2021 20-F ↗	Q4 FY2020 Dec 31, 2020 20-F ↗	Q4 FY2019 Dec 31, 2019 20-F ↗	Q4 FY2018 Dec 31, 2018 20-F ↗	Q4 FY2017 Dec 31, 2017 20-F ↗	Q4 FY2016 Dec 31, 2016 20-F ↗	Q4 FY2015 Dec 31, 2015 20-F ↗
Debt to Equity (x)	0.26x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-78%)	—	—	—	—	—	—	—	—	—	—	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%)	—	—	—	—	—	—
Interest Coverage (x)	-826.13x Weak Weak Operating income divided by interest expense Optimal: > 5x	-919.00x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net Debt (USD)	$20.34M	$-79.53M	$-118.36M	$-179.12M	$-181.17M	$-57.56M	$-95.20M	—	—	—	$-16.86M	$-29.65M	$-39.63M	$-405.13K	$-15.99K	$-2.33M	$-5.46M	$-7.38M	$-674.51K
Debt / EBITDA (x)	-1.43x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

📊 What does each share earn? 6 metrics

Metric	Q2 FY2026 Jun 30, 2026 10-Q ↗	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Jan 31, 2024 10-K ↗	Q4 FY2022 Dec 31, 2022 20-F ↗	Q4 FY2021 Dec 31, 2021 20-F ↗	Q4 FY2020 Dec 31, 2020 20-F ↗	Q4 FY2019 Dec 31, 2019 20-F ↗	Q4 FY2018 Dec 31, 2018 20-F ↗	Q4 FY2017 Dec 31, 2017 20-F ↗	Q4 FY2016 Dec 31, 2016 20-F ↗	Q4 FY2015 Dec 31, 2015 20-F ↗
Revenue per Share (USD)	$0.09	$0.09	—	$0.10	$0.12	$0.14	—	$0.15	$0.23	$0.27	—	—	—	—	—	—	—	—	—
Basic EPS, GAAP (USD)	$-0.31	$-0.45	$-0.77	$0.48	$0.07	$-0.32	$0.21	$-0.26	$-0.09	$0.44	—	—	—	—	—	—	—	—	—
Free Cash Flow per Share (USD)	$-0.36	$-0.52	—	$-0.81	—	$-0.26	—	$0.06	$-0.11	$-0.19	—	—	—	—	—	—	—	—	—
Book Value per Share (USD)	$1.11	$1.42	$2.23	$2.81	$2.23	$2.28	$2.59	—	$2.31	$2.31	$1.42	$1.09	$2.38	$0.79	$0.25	$0.78	$0.91	—	—
Tangible Book Value per Share (USD)	$1.03	$1.32	$2.13	$2.71	$2.11	$2.11	$2.41	—	$2.31	$2.31	$1.42	$1.09	$2.38	$0.79	$0.25	$0.78	$0.91	—	—
Basic Weighted Avg Shares (shares)	350.02M	325.64M	—	317.30M	206.89M	181.41M	—	149.68M	128.05M	114.59M	—	—	—	—	—	—	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	Q2 FY2026 Jun 30, 2026 10-Q ↗	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Jan 31, 2024 10-K ↗	Q4 FY2022 Dec 31, 2022 20-F ↗	Q4 FY2021 Dec 31, 2021 20-F ↗	Q4 FY2020 Dec 31, 2020 20-F ↗	Q4 FY2019 Dec 31, 2019 20-F ↗	Q4 FY2018 Dec 31, 2018 20-F ↗	Q4 FY2017 Dec 31, 2017 20-F ↗	Q4 FY2016 Dec 31, 2016 20-F ↗	Q4 FY2015 Dec 31, 2015 20-F ↗
Working Capital (USD)	$82.95M	$421.19M	$500.80M	$634.28M	$273.66M	$139.77M	$241.83M	—	—	—	$56.26M	$56.95M	$85.27M	$6.83M	$130.66K	$5.26M	$9.59M	$7.63M	—
LT Debt (USD)	$25.46M	—	—	—	—	—	—	—	—	—	—	$3.04M	$2.77M	—	—	—	—	—	—
Total Equity (USD)	$395.16M	$469.21M	$723.99M	$906.15M	$633.19M	$417.42M	$463.48M	—	$295.28M	$265.19M	$152.70M	$89.93M	$165.40M	$38.00M	$3.83M	$11.61M	$11.84M	$7.86M	—

📋 What is driving earnings? 4 metrics

Metric	Q2 FY2026 Jun 30, 2026 10-Q ↗	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Jan 31, 2024 10-K ↗	Q4 FY2022 Dec 31, 2022 20-F ↗	Q4 FY2021 Dec 31, 2021 20-F ↗	Q4 FY2020 Dec 31, 2020 20-F ↗	Q4 FY2019 Dec 31, 2019 20-F ↗	Q4 FY2018 Dec 31, 2018 20-F ↗	Q4 FY2017 Dec 31, 2017 20-F ↗	Q4 FY2016 Dec 31, 2016 20-F ↗	Q4 FY2015 Dec 31, 2015 20-F ↗
Sales/Revenue/Turnover (USD)	$32.11M	$27.92M	$32.34M	$30.46M	$25.66M	$25.11M	$25.78M	$22.84M	$29.04M	$30.39M	—	—	—	—	—	—	—	—	—
Depreciation Expense (USD)	$10.09M	$10.04M	—	$9.60	$1.12M	$7.24M	—	$8.40	$1.50M	$6.85M	—	—	—	—	—	—	—	—	—
Net Income, GAAP (USD)	$-107.21M	$-146.67M	$-188.36M	$150.88M	$-57.71M	$-57.71M	$28.97M	$-38.80M	$50.08M	$50.08M	—	—	—	—	—	—	—	—	—
Operating Cash Flow (USD)	$47.86M	$-1.09M	$-84.06M	$-239.96M	—	$17.40M	$7.32M	$10.06M	$-9.50M	$-20.87M	—	—	—	—	—	—	—	—	—

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Synced yesterday 11 years · 19 quarters

Bit Digital, Inc

Analytical Summary

19-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Statement lens

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