The earnings call highlighted Bitfarms' significant revenue growth and strong financial position, driven by its strategic transition towards HPC and AI infrastructure. However, the company faced challenges with operating losses and high production costs, indicating a balanced outlook.

Company Guidance

During the Bitfarms Third Quarter 2025 Earnings Conference Call, the company provided detailed guidance on its strategic transformation towards HPC and AI infrastructure. The call highlighted Bitfarms' focus on capitalizing on the projected exponential growth in data center demand, with lease rates increasing from an average of 3% to 12% annually since 2022. By 2030, a massive shortfall of nearly 45 gigawatts of power for data centers is anticipated. Bitfarms plans to leverage its robust energy portfolio, which includes 350 megawatts of secured power at its flagship Panther Creek campus and 170 megawatts in Quebec. The company aims to optimize lease rates and margins through strategic actions, including prioritizing infrastructure development and focusing on NVIDIA's next-generation Vera Rubin GPUs. Bitfarms expects to convert its Washington site to HPC and AI workloads by December 2026 and is evaluating a GPU cloud service to enhance margins. The company remains well-capitalized, with over $1 billion in financial flexibility to fund its growth initiatives.

Revenue Growth

Bitfarms achieved a total revenue of $84 million from continuing and discontinued operations in Q3, with a year-over-year increase of 156% in revenue from continuing operations.

Strong Financial Position

The company has over $1 billion in financial flexibility, consisting of roughly $820 million in cash and Bitcoin, and $200 million available from a Macquarie facility.

Transition to HPC and AI

Bitfarms is making significant strides in transitioning from Bitcoin mining to HPC and AI infrastructure, with plans to convert its Washington site and develop next-generation data centers for NVIDIA's Vera Rubin GPUs.

Convertible Note Offering Success

Bitfarms successfully upsized its convertible note offering to $588 million with strong investor commitment, preserving upside and minimizing potential equity dilution.

Bitfarms (BITF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

BITF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Mar 25, 2026	2025 (Q4)	-0.04 / -	0.03	―	―	―
Nov 13, 2025	2025 (Q3)	-0.02 / -0.08	-0.08	0.00% (0.00)
Aug 12, 2025	2025 (Q2)	-0.02 / -0.05	-0.07	28.57% (+0.02)
May 14, 2025	2025 (Q1)	-0.03 / -0.07	-0.02	-250.00% (-0.05)
Mar 27, 2025	2024 (Q4)	-0.04 / 0.03	-0.19	115.79% (+0.22)
Nov 13, 2024	2024 (Q3)	-0.08 / -0.08	-0.07	-14.29% (>-0.01)
Aug 08, 2024	2024 (Q2)	-0.11 / -0.07	-0.1	30.00% (+0.03)
May 15, 2024	2024 (Q1)	-0.02 / -0.02	-0.01	-100.00% (-0.01)
Mar 07, 2024	2023 (Q4)	-0.03 / -0.19	-0.08	-137.50% (-0.11)
Nov 07, 2023	2023 (Q3)	-0.05 / -0.07	-0.4	82.50% (+0.33)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

BITF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 13, 2025	$3.17	$2.60	-17.98%
Aug 12, 2025	$1.23	$1.27	+3.25%
May 14, 2025	$1.16	$1.09	-6.03%
Mar 27, 2025	$0.99	$0.95	-4.04%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Bitfarms (BITF) report earnings?

Bitfarms (BITF) is schdueled to report earning on Mar 25, 2026, Before Open (Confirmed).

What is Bitfarms (BITF) earnings time?

Bitfarms (BITF) earnings time is at Mar 25, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is BITF EPS forecast?

BITF EPS forecast for the fiscal quarter 2025 (Q4) is -0.04.

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