Bitdeer Technologies Group (BTDR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Sales/Revenue | 188.93M | 224.84M | 169.71M | 155.58M | 70.13M | 69.02M | 62.03M | 99.23M | 119.51M | 114.85M | 87.3M | 93.82M | 72.59M | 77.14M | 89.18M | 90.44M | 87.49M | 87.49M | 109.84M | 109.84M |
| Revenue Growth % | 169.41% | 225.76% | 173.59% | 56.79% | -41.32% | -39.9% | -28.95% | 5.77% | 64.64% | 48.88% | - | 5.2% | -19.74% | -11.83% | -18.81% | -17.66% | 69.7% | 69.7% | - | - |
| Cost of Goods Sold | 227.97M | 214.26M | 128.88M | 142.76M | 74.1M | 63.92M | 59.26M | 74.82M | 85.38M | 87.8M | 66.19M | 77.66M | 59.09M | 66.43M | 61.53M | 49.09M | 38.2M | 38.2M | 38.42M | 38.42M |
| COGS % of Revenue | 120.66% | 95.3% | 75.94% | 91.76% | 105.66% | 92.61% | 95.54% | 75.41% | 71.44% | 76.45% | 75.81% | 82.78% | 81.41% | 86.11% | 69% | 54.28% | 43.66% | 43.66% | 34.98% | 34.98% |
| Gross Profit | -39.04M | 10.57M | 40.83M | 12.82M | -3.97M | 5.1M | 2.77M | 24.41M | 34.13M | 27.04M | 21.12M | 16.16M | 13.49M | 10.71M | 27.64M | 41.35M | 49.29M | 49.29M | 71.41M | 71.41M |
| Gross Margin % | -20.66% | 4.7% | 24.06% | 8.24% | -5.66% | 7.39% | 4.46% | 24.59% | 28.56% | 23.55% | 24.19% | 17.22% | 18.59% | 13.89% | 31% | 45.72% | 56.34% | 56.34% | 65.02% | 65.02% |
| Gross Profit Growth % | -883.4% | 107.3% | 1376.56% | -47.47% | -111.63% | -81.15% | -86.91% | 51.05% | 152.97% | 152.44% | - | -41.55% | -67.37% | -78.27% | -61.29% | -42.09% | 778.93% | 778.93% | - | - |
| Operating Expenses | 66.89M | 89.4M | 33.97M | 37.72M | 94.5M | 53.38M | 56.35M | 40.11M | 33.63M | 23.3M | 25.6M | 57.46M | 23.7M | 35.23M | 35.75M | 44.64M | 53.87M | 53.87M | 1.42M | 1.42M |
| OpEx % of Revenue | 35.41% | 39.76% | 20.02% | 24.24% | 134.75% | 77.34% | 90.85% | 40.42% | 28.14% | 20.29% | 29.32% | 61.24% | 32.65% | 45.67% | 40.09% | 49.36% | 61.57% | 61.57% | 1.29% | 1.29% |
| Selling, General & Admin | 27.48M | 31.14M | 21.39M | 21.76M | 16.67M | 19.62M | 18.06M | 18.02M | 16.66M | 19.14M | 18.77M | 18.35M | 18.44M | 24.96M | 24.4M | 34.59M | 43.12M | 43.12M | 5.97M | 5.97M |
| SG&A % of Revenue | 14.55% | 13.85% | 12.61% | 13.99% | 23.77% | 28.43% | 29.11% | 18.17% | 13.94% | 16.66% | 21.51% | 19.56% | 25.4% | 32.36% | 27.36% | 38.24% | 49.28% | 49.28% | 5.44% | 5.44% |
| Research & Development | 20.2M | 35.2M | 39.09M | 20.58M | 59M | 22.9M | 24.84M | 8.05M | 21.16M | 8.31M | 8.5M | 6.43M | 6.29M | 8.53M | 8.66M | 11.08M | 13.06M | 13.06M | 1.69M | 1.69M |
| R&D % of Revenue | 10.69% | 15.65% | 23.03% | 13.23% | 84.14% | 33.18% | 40.04% | 8.11% | 17.71% | 7.23% | 9.74% | 6.86% | 8.67% | 11.06% | 9.71% | 12.26% | 14.93% | 14.93% | 1.54% | 1.54% |
| Other Operating Expenses | 1000K | 1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | -1000K | 1000K | -1000K | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Operating Income | -105.93M | -78.83M | 6.86M | -24.9M | -98.47M | -48.28M | -53.59M | -15.7M | 501K | 3.74M | -4.48M | -41.3M | -10.21M | -24.52M | -8.11M | -3.29M | -4.58M | -4.58M | 70M | 70M |
| Operating Margin % | -56.07% | -35.06% | 4.04% | -16% | -140.41% | -69.95% | -86.39% | -15.83% | 0.42% | 3.26% | -5.13% | -44.02% | -14.06% | -31.78% | -9.09% | -3.64% | -5.24% | -5.24% | 63.73% | 63.73% |
| Operating Income Growth % | -7.58% | -63.28% | 112.8% | -58.56% | -19753.89% | -1390.94% | -1096.18% | 61.98% | 104.91% | 115.25% | - | -409.44% | -210.34% | -435.23% | -111.58% | -104.7% | 71.78% | 71.78% | - | - |
| EBITDA | -133.43M | 275.9M | 6.86M | 376.3M | 103.99M | -542.58M | -38.91M | -237K | -1.95M | 12.57M | -5.34M | -42.77M | -10.35M | -22.27M | -8.11M | -3.29M | 4.17M | 4.17M | 90.45M | 90.45M |
| EBITDA Margin % | -70.62% | 122.71% | 4.04% | 241.86% | 148.29% | -786.15% | -62.73% | -0.24% | -1.63% | 10.94% | -6.12% | -45.59% | -14.25% | -28.87% | -9.09% | -3.64% | 4.77% | 4.77% | 82.35% | 82.35% |
| EBITDA Growth % | -228.3% | 150.85% | 117.63% | 158875.11% | 5443.88% | -4417.51% | -628.34% | 99.45% | 81.19% | 156.43% | - | -427.54% | -214.59% | -634.14% | -108.96% | -103.64% | -68.72% | -68.72% | - | - |
| D&A (Non-Cash Add-back) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.75M | 8.75M | 20.46M | 20.46M |
| EBIT | -133.43M | 275.9M | 6.86M | 376.3M | 103.99M | -542.58M | -38.91M | -237K | -1.95M | 12.57M | -5.34M | -42.77M | -10.35M | -22.27M | -8.11M | -3.29M | -6.87M | -6.87M | 70.61M | 70.61M |
| Net Interest Income | -29.52M | -36.44M | -29.42M | -13.69M | -9.34M | -10.23M | -231K | -44K | 151K | 2.19M | 1.22M | -895K | -232K | 0 | -4.99M | -829K | 1.21K | 894 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 151K | 2.19M | 1.22M | 0 | 0 | 0 | 0 | 0 | 1.21K | 894 | - | - |
| Interest Expense | 29.52M | 36.44M | 29.42M | 13.69M | 9.34M | 10.23M | 231K | 44K | 0 | 0 | 0 | 895K | 232K | 0 | 4.99M | 829K | - | - | - | - |
| Other Income/Expense | -57.01M | 151.75M | -267.91M | -123.03M | 197.17M | -484.4M | -231K | -44K | 151K | 1.18M | 1.22M | -895K | -232K | 4.39M | -4.99M | -829K | -194K | -194K | 223.5K | 223.5K |
| Pretax Income | -162.94M | 72.92M | -261.05M | -147.93M | 98.7M | -532.68M | -53.82M | -15.75M | 652K | 4.92M | -3.26M | -42.2M | -10.44M | -20.13M | -13.1M | -4.12M | -4.78M | -4.78M | 70.22M | 70.22M |
| Pretax Margin % | -86.24% | 32.43% | -153.82% | -95.08% | 140.75% | -771.8% | -86.77% | -15.87% | 0.55% | 4.28% | -3.73% | -44.98% | -14.38% | -26.09% | -14.69% | -4.55% | -5.46% | -5.46% | 63.93% | 63.93% |
| Income Tax | -3.41M | 2.37M | 5.63M | -197K | -6.61M | -761K | -3.72M | 2M | 46K | 9.95M | -1.46M | -1.83M | -972K | -7.09M | 2.51M | 5.47M | 10.83M | 10.83M | 13.3M | 13.3M |
| Effective Tax Rate % | 2.1% | 3.25% | -2.16% | 0.13% | -6.7% | 0.14% | 6.92% | -12.67% | 7.06% | 202.28% | 44.78% | 4.35% | 9.31% | 35.24% | -19.13% | -132.81% | -226.74% | -226.74% | 18.93% | 18.93% |
| Net Income | -159.53M | 70.54M | -266.69M | -147.73M | 105.31M | -531.92M | -50.1M | -17.74M | 606K | -5.03M | -1.8M | -40.36M | -9.47M | -13.04M | -15.61M | -9.59M | -15.6M | -15.6M | 56.92M | 56.92M |
| Net Margin % | -84.44% | 31.37% | -157.14% | -94.96% | 150.18% | -770.69% | -80.76% | -17.88% | 0.51% | -4.38% | -2.06% | -43.02% | -13.04% | -16.9% | -17.5% | -10.6% | -17.83% | -17.83% | 51.82% | 51.82% |
| Net Income Growth % | -251.48% | 113.26% | -432.34% | -732.63% | 17278.71% | -10472.79% | -2686.26% | 56.04% | 106.4% | 61.4% | - | -158.6% | 1.25% | 16.45% | -127.42% | -116.84% | -17.49% | -17.49% | - | - |
| Net Income (Continuing) | -159.53M | 70.54M | -266.69M | -147.73M | 105.31M | -531.92M | -50.1M | -17.74M | 606K | -5.03M | -1.8M | -40.36M | -9.47M | -13.04M | -15.61M | -9.59M | -15.6M | -15.6M | 56.92M | 56.92M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.68 | 0.26 | -1.28 | -0.76 | 1.79 | -3.22 | -0.35 | -0.14 | 0.01 | -0.05 | -0.02 | -0.36 | -0.09 | -0.12 | -0.14 | -0.09 | -0.00 | 0.00 | 0.00 | 0.00 |
| EPS Growth % | -137.99% | 108.07% | -265.71% | -442.86% | - | -7008.17% | -2060.49% | 61.11% | 106.1% | 62.25% | - | -157.14% | 1.05% | - | - | - | - | - | - | - |
| EPS (Basic) | -0.68 | 0.31 | -1.28 | -0.76 | 2.15 | -3.22 | -0.35 | -0.14 | 0.01 | -0.05 | -0.02 | -0.36 | -0.09 | -0.12 | -0.14 | -0.09 | -0.00 | 0.00 | 0.00 | 0.00 |
| Diluted Shares Outstanding | 233.39M | 268.15M | 208.62M | 193.97M | 228.56M | 165.43M | 143.77M | 126.53M | 117.04M | 111.07M | 111.28M | 110.92M | 111.1M | 111.29M | 111.29M | 111.29M | 111.29M | 111.29M | 111.29M | 111.29M |
| Basic Shares Outstanding | 233.39M | 96.63M | 208.62M | 193.97M | 190.2M | 165.43M | 143.77M | 126.53M | 114.84M | 111.07M | 111.28M | 110.92M | 111.1M | 111.29M | 108.68M | 111.29M | 111.29M | 111.29M | 111.29M | 111.29M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |