Bit Digital, Inc
BTBTAnalytical Summary
Bit Digital, Inc faces fundamental challenges with weakness in Profit Margin (%) and Operating Margin (%). The fundamentals warrant careful consideration of downside risks.
18-Year Financial Trajectory
QuarterlyBullish Indicators
- No bullish signals detected.
Bearish Risks
- Operating Margin (%)Operating Margin (%) is in the bottom quartile
- Profit Margin (%)Profit Margin (%) is in the bottom quartile
Health Breakdown
Statement lens
Choose the reporting cadence, isolate a period range, or search directly for a metric.
| Metric | 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 (%) |
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 (%) |
-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 (%) |
-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 |
-173.6%
Weak
Weak
Year-over-year change in free cash flow |
-40.8%
Weak
Weak
Year-over-year change in free cash flow |
— | — | — | — | — | — | — | — | — | — | — | — | — |
| Metric | 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 (%) (%) | — | — | — |
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 (%) (%) |
-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 (%) (%) | — | — | — |
-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 (%) (%) | — | — | — |
-251.3%
Weak
↓
Weak
Declining
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) |
1.16x
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
|
1.12x
Fair
↑
Fair
Improving
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
|
— | — | — | — | — | — | — | — | — |
| Metric | 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 (%) |
-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 (%) (%) |
-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 (%) (%) |
-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%)
|
— | — | — | — | — | — | — | — | — |
| Metric | 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) | — | — | — | — | — | — | — | — | — | — |
0.03x
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) |
-919.00x
Weak
Weak
Operating income divided by interest expense
Optimal:
> 5x
|
— | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt (USD) | $-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 |
| Metric | 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) | $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) | — | — | — | — | — | — | — | — | — | — | $3.04M | $2.77M | — | — | — | — | — | — |
| Total Equity (USD) | $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 | — |
| Metric | 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) | $27.92M | $32.34M | $30.46M | $25.66M | $25.11M | $25.78M | $22.84M | $29.04M | $30.39M | — | — | — | — | — | — | — | — | — |
| Depreciation Expense (USD) | $10.04M | — | $9.60 | $1.12M | $7.24M | — | $8.40 | $1.50M | $6.85M | — | — | — | — | — | — | — | — | — |
| Net Income, GAAP (USD) | $-146.67M | $-188.36M | $150.88M | $-57.71M | $-57.71M | $28.97M | $-38.80M | $50.08M | $50.08M | — | — | — | — | — | — | — | — | — |
| Operating Cash Flow (USD) | $-1.09M | $-84.06M | $-239.96M | $17.69M | $17.40M | $7.32M | $10.06M | $-9.50M | $-20.87M | — | — | — | — | — | — | — | — | — |
Secondary lens
Benchmark Lens
Compare BTBT against peers after checking the statement evidence.
Open lens
Benchmark Lens
Compare BTBT against peers after checking the statement evidence.
Signals
Key bullish and bearish indicators for BTBT
No bullish signals detected
Operating Margin (%) is in the bottom quartile
Profit Margin (%) is in the bottom quartile
Percentile Rankings
How BTBT compares to all companies
Peer Comparison
BTBT vs similar peers
Compare BTBT with peers
Stack BTBT against similar companies across every metric on this page.
north_east Open comparisonbar_chart Data from SEC EDGAR XBRL filings
Synced 1 week ago 11 years · 18 quarters