Bit Digital, Inc revenue
Bit Digital, Inc's revenue was $114m in fiscal 2025, up 5.1% on the year before. Since fiscal 2016 ($3.7m) it has grown at a compound 46.3% a year. Over the last twelve months it was $123m.
Revenue history
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4 | 7 | 8 | 5 | 21 | 96 | 32 | 45 | 108 | 114 | 123 |
| Growth on the year before | — | +87.6% | +13.5% | −42.0% | +360.7% | +356.1% | −66.4% | +39.1% | +140.6% | +5.1% | — |
| Gross profit | — | — | — | — | 7 | 65 | 12 | 15 | — | — | — |
| Gross margin | — | — | — | — | 33.0% | 68.0% | 36.9% | 34.2% | — | — | — |
Where the revenue comes from
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Cloud Services | $68.8M | 59.8% | ▲ 50.4% |
| Digital Asset Mining | $27.3M | 23.8% | ▼ 53.3% |
| Colocation Services | $8.9M | 7.7% | ▲ 554.8% |
| ETH Staking | $7M | 6.1% | ▲ 287.2% |
| Other | $1.5M | 1.3% | ▲ 172.0% |
| Other Revenue | $1.5M | 1.3% | ▲ 172.0% |
| Region | Revenue | Share | YoY |
|---|---|---|---|
| IS | $69.2M | 60.9% | ▲ 49.7% |
| United States | $27.3M | 24.1% | ▼ 53.3% |
| Canada | $8.9M | 7.8% | ▲ 554.8% |
| Singapore | $7M | 6.2% | ▲ 287.2% |
| Outside the US | $1.1M | 1.0% | ▲ 1136.0% |
From Bit Digital, Inc's 10-K filed March 27, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Bit Digital, Inc | $123m | 23.6% | 221.2% |
| DHI Group, Inc. | $125m | -7.3% | -7.1% |
| Cipher Digital Inc. | $146m | -29.2% | — |
| Travelzoo | $92.2m | 4.9% | 6.1% |
| Terawulf Inc. | $165m | 14.6% | 59.9% |
| Bgin Blockchain Ltd | $67.4m | -77.7% | — |
Compare with peers
- DHI Group, Inc. revenue
- Cipher Digital Inc. revenue
- Travelzoo revenue
- Terawulf Inc. revenue
- Bgin Blockchain Ltd revenue
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