Bit Digital, IncBTBTEarnings & Financial Report
Digital Equipment Corporation, using the trademark Digital, was a major American company in the computer industry from the 1960s to the 1990s. The company was co-founded by Ken Olsen and Harlan Anderson in 1957. Olsen was president until he was forced to resign in 1992, after the company had gone into precipitous decline.
Revenue
$25.7M
Gross Profit
N/A
Operating Profit
$11.7M
Net Profit
$14.9M
Gross Margin
N/A
Operating Margin
45.7%
Net Margin
58.0%
YoY Growth
N/A
EPS
$0.07
Bit Digital, Inc Q2 FY2025 Financial Summary
Bit Digital, Inc reported revenue of $25.7M for Q2 FY2025, with a net profit of $14.9M (58.0% margin).
Key Financial Metrics
| Total Revenue | $25.7M |
|---|---|
| Net Profit | $14.9M |
| Gross Margin | N/A |
| Operating Margin | 45.7% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Bit Digital, Inc Q2 FY2025 revenue of $25.7M breaks down across 4 segments, led by Cloud Services at $16.6M (64.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Cloud Services | $16.6M | 64.7% |
| Digital Asset Mining | $6.6M | 25.8% |
| Colocation Services | $1.7M | 6.7% |
| Other | $703.3K | 2.7% |
Bit Digital, Inc Revenue by Segment — Quarterly Trend
Bit Digital, Inc revenue by segment across the last 4 reported quarters, showing how each business line (such as Cloud Services and Digital Asset Mining) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Cloud Services | $19.3M | $18.0M | $16.6M | $14.8M |
| Digital Asset Mining | $5.5M | $7.4M | $6.6M | $7.8M |
| Colocation Services | $3.8M | $1.7M | $1.7M | $1.6M |
| Other | $3.7M | — | $703.3K | $841.2K |
Bit Digital, Inc Annual Revenue by Year
Bit Digital, Inc annual revenue history includes year-by-year totals (for example, 2025 revenue was $113.6M).
| Year | Annual Revenue |
|---|---|
| 2025 | $113.6M |
Bit Digital, Inc Quarterly Revenue & Net Profit History
Bit Digital, Inc results over the last 4 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $32.3M | — | $-188.4M | -582.6% |
| Q3 FY2025 | $30.5M | — | $150.9M | 495.3% |
| Q2 FY2025 | $25.7M | — | $14.9M | 58.0% |
| Q1 FY2025 | $25.1M | — | $-57.7M | -229.9% |
Income Statement
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|
| Revenue | $25.1M | $25.7M | $30.5M | $32.3M |
| YoY Growth | N/A | N/A | N/A | N/A |
Balance Sheet
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|
| Assets | $485.2M | $723.4M | $1.13B | $1.17B |
| Liabilities | $67.8M | $90.2M | $87.5M | $309.2M |
| Equity | $417.4M | $633.2M | $906.2M | $724.0M |
Cash Flow
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|
| Operating CF | $17.4M | $17.7M | $-240.0M | $-288.9M |