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57.28%Cost of Revenue Margin
VS
Market
43
Sector
14
Industry
33
History
50
$ 3.76Close
$ 1.73 - $ 5.52 52-Week Range
Ticker Information

Ticker

BTBT

Company Name

BIT DIGITAL INC

Sector

Financial Services

Industry

Capital Markets

Exchange

NASDAQ

BIT DIGITAL INC - Cost of Revenue Margin Chart Analysis (TTM)

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BTBT - COGS % Historical data
DateCost of RevenueCost of Revenue MarginRevenues
6/30/2025$ 57.04M57.28%$ 99.58M
3/31/2025$ 59.01M57.36%$ 102.87M
12/31/2024$ 62.38M57.73%$ 108.05M
9/30/2024$ 56.72M57.87%$ 98M
6/30/2024$ 50.04M57.62%$ 86.85M
3/31/2024$ 40.55M60.58%$ 66.94M
12/31/2023$ 29.56M65.8%$ 44.92M
9/30/2023$ 25.65M70%$ 36.64M
6/30/2023$ 23.35M68.26%$ 34.21M
3/31/2023$ 21.27M66.5%$ 31.99M
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Key Performance Insights, Last 5 Years

  • BIT DIGITAL INC's latest trailing twelve months (TTM) COGS % stands at 91.15%.
  • Over the past 5 years, BIT DIGITAL INC's average COGS % has been 56.49%.
  • The median COGS % for BIT DIGITAL INC during this period was 57.73%
  • BIT DIGITAL INC reached its highest COGS % over the past 5 years at 91.15%.
  • The lowest COGS % recorded by BIT DIGITAL INC in the same timeframe 31.99%

BIT DIGITAL INC's COGS % vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

COGS % Benchmarks
CompanyCOGS %
HIVE : HIVE DIGITAL TECHNOLOGIES LTD 33.55%PROP : PRAIRIE OPERATING CO 29.67%SIEB : SIEBERT FINANCIAL CORP 58.43%ESQ : ESQUIRE FINANCIAL HOLDINGS INC 0%GAIN : GLADSTONE INVESTMENT CORPORATION 31.08%GLAD : GLADSTONE CAPITAL CORP 19.55%FISI : FINANCIAL INSTITUTIONS INC 0%DEFT : DEFI TECHNOLOGIES INC -BSVN : BANK7 CORP 0%WASH : WASHINGTON TRUST BANCORP INC 0%

Definition of Cost of Revenue Margin

[Calculation] The Cost of Revenue [CoR] expressed as a percentage of [Revenue]. Also named Cost Revenue Ratio.
COGS / Revenues
(=) COGS %
COGS % for BIT DIGITAL INC is calculated as follows: COGS [ $ 636.64K ] / Revenues [ $ 698.45K ]
(=) COGS % [ 91.15% ]

BTBT - Cost of Revenue Margin, Last 5 years

31.99%

Minimum

Dec 31, 2021

91.15%

Maximum

Jun 30, 2020

56.49%

Average

57.73%

Median

COGS % Benchmark Analysis

The chart above depicts the distribution of COGS % for companies in the Total Stock Market. The average COGS % of the companies is 46.87% with a standard deviation of 31.57%.
The following table provides additional summary stats:
COGS % in the Market:
filtered constituents3.8K
min-50.26%
max172.25%
average46.87%
median50.52%
std31.57%