Bit Digital (BTBT)
NASDAQ:BTBT
Earnings Data
Report Date
May 14, 2026Before Open (Not Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.32Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call describes a clear strategic pivot toward Ethereum staking and AI infrastructure with strong growth in cloud/colocation and large increases in digital asset holdings and staking revenue. However, that progress is offset by a substantial net loss, negative adjusted EBITDA, volatile noncash digital asset revaluations, the deliberate wind-down of bitcoin mining (large revenue decline), and financing moves with potential dilution. Management emphasizes discipline, long-term value per share, and conservative capital allocation, but near-term financials show significant headwinds. Overall, positives around strategic repositioning and revenue mix shift are balanced by material accounting losses and execution/market risks.Company Guidance
Strategic Repositioning to SAC Focused on Ethereum and AI Infrastructure
Management repositioned the company as a Strategic Asset Company (SAC) centered on Ethereum (ETH) and AI infrastructure (majority ownership in WhiteFiber). They view ETH as a productive, yield-generating infrastructure asset and WhiteFiber as a long-term core strategic asset (do not intend to monetize WhiteFiber in 2026).
Strong Staking Revenue Growth
Ethereum staking revenue grew nearly 300% in 2025 to $7.0 million (from $1.8 million in 2024), with nearly half of full-year staking revenue generated in Q4 as ETH position scaled. Majority of ETH holdings are actively staked (press release cited ~89% staked; ~10% deployed with third-party managers).
Revenue Growth and Mix Shift
Full year revenue was $113.6 million, up 5% year-over-year, reflecting a continued shift away from legacy Bitcoin mining toward cloud, colocation and staking/infrastructure revenue streams.
Cloud and Colocation Expansion
Cloud services revenue increased to $68.8 million, up 50% year-over-year. Colocation services revenue rose to $8.9 million from $1.4 million the prior year (approximately +536%), demonstrating rapid growth in infrastructure-related revenue.
Improved Gross Margin and Q4 Profitability Metrics
Fourth-quarter gross profit was approximately $18 million with a gross margin of ~56%, up from ~40% in the same quarter last year, indicating operational improvement in higher-margin segments.
Larger ETH and Digital Asset Holdings
Total digital assets grew to $415.7 million at year-end from $161.4 million the prior year, reflecting ETH accumulation (partially offset by lower year-end ETH prices). Proceeds from a $150 million convertible notes issuance were used to increase ETH holdings.
Stronger Cash Balance (Consolidated with WhiteFiber)
Cash and cash equivalents increased to $118.4 million at year-end versus $95.2 million a year earlier, primarily reflecting cash held at consolidated WhiteFiber following its IPO.
BTBT Earnings History
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
BTBT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 31, 2026 | $1.31 | $1.38 | +5.34% |
Nov 14, 2025 | $2.52 | $2.41 | -4.37% |
Aug 14, 2025 | $3.19 | $3.01 | -5.64% |
May 15, 2025 | $2.06 | $2.38 | +15.53% |
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 Bit Digital (BTBT) report earnings?
Bit Digital (BTBT) is schdueled to report earning on May 14, 2026, Before Open (Not Confirmed).
What is Bit Digital (BTBT) earnings time?
Bit Digital (BTBT) earnings time is at May 14, 2026, Before Open (Not 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 BTBT EPS forecast?
Currently, no data Available