BitGo Holdings, Inc. Class A (BTGO)
NYSE:BTGO
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Earnings Data
Report Date
May 13, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Strong Buy
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a broadly positive growth story: exceptional top-line expansion, strong client and product momentum (Stablecoin-as-a-Service, derivatives launch), regulatory wins (OCC charter), and improving adjusted EBITDA. However, near-term profitability and balance-sheet marks are under pressure from unrealized treasury losses, large expense items tied to high trading volumes, and sharp declines in staking revenue and staked assets driven by digital asset price weakness. Management emphasizes durable unit-level growth, pipeline strength, and continued investment even as they flag quarter-to-quarter trading volatility and macro risks.Company Guidance
Exceptional Revenue Growth
Q4 total revenue of $6.2 billion, up 440% year-over-year; full year total revenue of $16.2 billion, up 424% year-over-year, driven by digital asset trading activity, subscriptions & services, and Stablecoin-as-a-Service.
Surge in Digital Asset Sales
Q4 digital asset sales of $6.0 billion, up 531% year-over-year; full year digital asset sales $15.6 billion, up 513% year-over-year. Q4 take rate roughly 24 basis points; full year take rate ~21 basis points.
Strong Adjusted EBITDA Expansion
Q4 adjusted EBITDA of $12.1 million, up 188% year-over-year; full year adjusted EBITDA of $32.4 million, up 904% year-over-year, indicating improving operating leverage on revenue growth.
Rapid Client and User Growth
Number of clients increased 104% year-over-year to 5,322; number of users expanded 14% year-over-year to 1.2 million, supporting cross-sell and subscription momentum.
Stablecoin-as-a-Service Traction
Stablecoin-as-a-Service launched in 2025: Q4 revenue ~$26.6 million with a take rate ~20 bps; full year revenue $66.7 million with a take rate ~16 bps. Assets under management exceeded $5 billion in early 2026 and key wins include USD1 and SoFi USD.
Product and Market Expansion Momentum
Launched derivatives business in Q1 2026 with roughly $3 billion in notional trading volume and over $3 million in revenue so far; launched Stablecoin and Crypto-as-a-Service products in 2025 and expanded prime/trading capabilities.
Regulatory and Competitive Advantage — OCC National Bank Charter
Received National Bank Charter under the OCC, becoming the first public federally chartered digital asset infrastructure company — strengthens regulatory positioning and cross-state service capability.
Balance Sheet and Lending Growth
Ended year with $318.5 million in total equity, no long- or short-term debt on the balance sheet, and a lending book of ~$207.4 million (up 114% year-over-year).
Subscription & Services and Interest Income Growth
Subscriptions & services revenue: Q4 $39.3 million (+75% YoY), full year $121.5 million (+57% YoY). Interest income: Q4 $0.5 million (+34% YoY), full year $1.5 million (+63% YoY).
BTGO Earnings History
Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release | Slides | Play Transcript |
|---|---|---|---|---|---|---|---|
May 13, 2026 | 2026 (Q1) | ― | ― | ― | ― | ||
Mar 26, 2026 | 2025 (Q4) | ― | ― | ― |
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
BTGO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 26, 2026 | $9.10 | $7.67 | -15.71% |
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 BitGo Holdings, Inc. Class A (BTGO) report earnings?
BitGo Holdings, Inc. Class A (BTGO) is schdueled to report earning on May 13, 2026, After Close (Confirmed).
What is BitGo Holdings, Inc. Class A (BTGO) earnings time?
BitGo Holdings, Inc. Class A (BTGO) earnings time is at May 13, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What is BTGO EPS forecast?
Currently, no data Available