Last 22 quarters of trend data · Technology · Software - Application
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 64.04 | — | 10.78 | — | — | 1.23 | — | — | — | 337.50 | — | — | — |
| — | — | — | — | — | -99.6% | — | — | — | — | — | — | — | |
| P/S Ratio | 6.75 | 2.67 | 3.34 | 5.25 | 3.58 | 7.19 | 12.99 | 4.54 | 3.27 | 1.72 | 2.38 | 3.07 | 3.31 |
| — | -62.9% | -74.3% | +15.8% | +9.4% | +318.6% | +444.7% | +47.7% | -1.2% | -58.6% | -36.6% | -2.6% | +7.0% | |
| P/B Ratio | 4.84 | 2.77 | 3.46 | 6.21 | 3.15 | 2.54 | 12.96 | 2.16 | 2.71 | 2.10 | 3.29 | 3.37 | 4.03 |
| — | +8.9% | -73.3% | +187.4% | +16.3% | +21.0% | +293.6% | -35.8% | -32.8% | -44.1% | -9.6% | -5.1% | -80.8% | |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBITDA | — | — | 3.64 | 156.20 | 1.70 | 5.06 | — | — | — | — | 20.75 | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBIT | — | — | 3.64 | 156.20 | 1.70 | 5.06 | — | — | — | — | 20.75 | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Bitdeer Technologies Group's operating margin was -56.1% in Q1 2026, down 21.0 pp QoQ and up 84.3 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of -25.8% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 265.0% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 9.8% | -20.7% | 4.7% | 24.1% | 8.2% | -5.7% | 7.4% | 4.5% | 24.6% | 28.6% | 23.5% | 24.2% | 17.2% |
| — | -265.0% | -36.4% | +439.7% | -66.5% | -119.8% | -68.6% | -81.6% | +42.8% | +53.7% | +69.6% | -22.0% | -62.3% | |
| Operating Margin | -29.8% | -56.1% | -35.1% | 4.0% | -16.0% | -140.4% | -70.0% | -86.4% | -15.8% | 0.4% | 3.3% | -5.1% | -44.0% |
| — | +60.1% | +49.9% | +104.7% | -1.1% | -33594.5% | -2248.1% | -1583.6% | +64.1% | +103.0% | +110.2% | +43.6% | -1110.5% | |
| Net Margin | 10.6% | -84.4% | 31.4% | -157.1% | -95.0% | 150.2% | -770.7% | -80.8% | -17.9% | 0.5% | -4.4% | -2.1% | -43.0% |
| — | -156.2% | +104.1% | -94.6% | -431.0% | +29514.6% | -17493.3% | -3821.5% | +58.4% | +103.9% | +74.1% | +88.2% | -305.8% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.5% | -20.0% | 9.8% | -41.7% | -19.7% | 19.7% | -133.4% | -10.0% | -4.1% | 0.2% | -1.5% | -0.6% | -12.8% |
| — | -201.5% | +107.3% | -315.8% | -382.9% | +11645.6% | -8536.9% | -1647.4% | +68.2% | +105.7% | +62.3% | +93.2% | -128.4% | |
| ROA | 3.0% | -5.4% | 2.7% | -11.9% | -8.1% | 6.7% | -40.8% | -5.3% | -2.3% | 0.1% | -0.8% | -0.3% | -6.4% |
| — | -181.0% | +106.6% | -122.8% | -247.4% | +7224.8% | -5019.6% | -1744.1% | +63.6% | +106.2% | +59.9% | +93.3% | -136.5% | |
| ROIC | -14.0% | -3.7% | -3.7% | 0.4% | -2.0% | -15.3% | -14.9% | -10.1% | -3.1% | 0.1% | 1.0% | -1.2% | -12.3% |
| — | +76.1% | +75.0% | +104.4% | +37.5% | -13146.5% | -1579.2% | -725.0% | +74.5% | +103.2% | +107.3% | +86.7% | -53.7% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
The current ratio has improved 44.6% YoY to 1.85x, strengthening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.37 | 2.78 | 1.37 | 1.60 | 0.89 | 0.38 | 1.03 | 0.33 | 0.24 | 0.25 | 0.28 | 0.29 | 0.33 |
| — | +633.1% | +32.3% | +384.9% | +262.2% | +51.7% | +270.8% | +12.1% | -25.1% | -19.3% | -11.3% | +1.5% | +8620.0% | |
| Debt / EBITDA | — | — | 4.31 | 133.56 | 1.66 | 2.90 | — | — | — | — | 7.39 | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Current Ratio | 0.91 | 1.85 | 0.91 | 0.90 | 1.03 | 1.28 | 0.86 | 2.05 | 1.81 | 1.59 | 2.15 | 0.77 | 1.41 |
| — | +44.6% | +5.7% | -56.2% | -42.9% | -19.5% | -59.8% | +166.1% | +28.4% | +0.1% | +48.7% | -94.3% | +1095.7% | |
| Quick Ratio | 0.75 | 1.11 | 0.75 | 0.74 | 0.84 | 1.06 | 0.80 | 1.69 | 1.77 | 1.59 | 2.15 | 0.77 | 1.41 |
| — | +4.7% | -7.2% | -56.5% | -52.5% | -33.1% | -62.5% | +119.7% | +25.5% | +0.1% | +48.5% | -94.3% | +1095.7% | |
| Interest Coverage | 1.71 | -4.52 | 7.57 | 0.23 | 27.48 | 11.13 | -53.06 | -168.43 | -5.39 | — | — | — | -47.79 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 22 years · Updated daily
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Quick answers to the most common questions about buying BTDR stock.
Bitdeer Technologies Group's current P/E is 64.0x. The average P/E over the last 1 quarters is 10.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Bitdeer Technologies Group's current operating margin is -29.8%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Bitdeer Technologies Group's business trajectory between earnings reports.