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Bit Digital, Inc key statistics and ratios

In fiscal 2025, Bit Digital, Inc had return on equity of -13.5%, an operating margin of -80.9%, debt equal to 15.2% of equity and a current ratio of 1.92. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Gross margin————33.0%68.0%36.9%34.2%———
Operating margin5.9%−19.6%−24.0%−43.6%7.4%6.1%−331.8%−37.0%25.5%−80.9%−225.3%
Net margin4.3%−13.6%−44.8%−211.6%−10.8%−1.1%−326.0%−30.9%26.2%−70.7%−237.2%
Free-cash-flow margin−32.4%−28.2%−73.6%—−26.0%−66.8%−86.2%−145.9%−99.0%−506.2%−619.3%
Return on equity2.0%−9.6%−30.2%−125.3%−11.0%−1.0%−82.5%−11.5%9.2%−13.5%−52.1%
Return on assets1.8%−8.6%−27.9%−113.9%−10.3%−0.9%−76.8%−9.6%7.8%−9.4%−24.2%
Asset turnover0.410.630.620.540.950.900.240.310.300.130.10
Current ratio28.0221.4314.051.304.6017.908.653.085.391.921.51
Debt to equity0.0%0.0%0.0%0.0%0.0%1.7%3.4%1.2%0.2%15.2%104.9%
Interest cover (operating income ÷ interest)—————————n/m—
Effective tax rate25.0%———————12.3%——
R&D as % of revenue11.3%7.0%5.7%3.0%———————
Capital spending as % of revenue2.9%0.7%9.5%—21.4%48.8%59.9%148.4%87.0%251.8%393.6%
Free cash flow ÷ net income−746.5%———————−378.0%——

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Bit Digital, Inc's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Bit Digital, Inc.