The earnings call highlighted significant achievements in revenue growth and strategic expansions in the North American market. However, it also acknowledged challenges, particularly in Argentina and the need for regulatory approvals in Quebec. The company's proactive measures, such as infrastructure investments and a stock buyback program, reflect a strong position despite the setbacks.

Company Guidance

During Bitfarms' Second Quarter 2025 Earnings Call, significant guidance metrics were shared, highlighting the company's strategic moves and financial performance. The quarter saw Bitfarms install over 12,000 miners, achieving a Bitcoin mining output of 718 BTC at a direct cost of $48,200 per Bitcoin, while generating revenues of $98,000 per Bitcoin. The shutdown of operations in Argentina was announced, expected to result in $18 million proceeds, equivalent to over two years of free cash flow from the site. Key performance improvements included a 1% increase in energy efficiency, a 2% improvement in average electricity price, a 5% reduction in direct hash costs, and a 2% increase in uptime. Bitfarms reported operating 17.7 exahash at 17 watts per terahash across 14 data centers, generating approximately $8 million in monthly free cash flow. The company also enhanced its Bitcoin holdings by 25% from year-end 2024, now valued at $145 million with Bitcoin priced at $119,000. Additionally, Bitfarms launched a stock buyback program for up to 49.9 million shares, repurchasing 5 million shares in the first two weeks, reflecting 10% of the total planned buyback.

Record-Breaking Revenue Growth

Second quarter revenue reached $78 million, up 87% year-over-year, demonstrating significant growth in the company's financial performance.

Strong Cash Flow from Bitcoin Mining

The company generated approximately $8 million per month in free cash flow from mining operations, significantly contributing to funding operations and strategic initiatives.

Expansion of North American Energy Portfolio

Bitfarms operates a total of 17.7 exahash across their data centers, with a strong focus on expanding their North American presence, particularly in Pennsylvania and Washington.

Successful Stock Buyback Program

The company launched its first-ever stock buyback program, repurchasing 5 million shares, demonstrating confidence in its undervaluation and financial strength.

HPC and AI Expansion Plans

Advancements in the HPC and AI sectors are underway, with significant investments in infrastructure and strategic partnerships established to capitalize on market opportunities.

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
Nov 17, 2025	2025 (Q3)	-0.01 / -	-0.08	―	―	―
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)
Aug 08, 2023	2023 (Q2)	-0.05 / -0.10	-0.7	85.71% (+0.60)

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
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%
Nov 13, 2024	$2.69	$2.26	-15.99%

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 Ltd. (BITF) report earnings?

Bitfarms Ltd. (BITF) is schdueled to report earning on Nov 17, 2025, Before Open (Confirmed).

What is Bitfarms Ltd. (BITF) earnings time?

Bitfarms Ltd. (BITF) earnings time is at Nov 17, 2025, 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 (Q3) is -0.01.

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