Filing Flows › Bit Digital (BTBT) › Q2 2026 › vs Q2 2025
Bit Digital (BTBT) Q2 2026 vs Q2 2025 (year over year)
Bit Digital's revenue rose $6.5M (+25%) from $25.7M in Q2 2025 to $32.1M in Q2 2026. The biggest changes: Cloud services +$7.2M (+43%); Digital asset mining −$4.3M (-64%); Colocation services +$3.0M (+173%).
Bit Digital, Q2 2026: revenue $32.1M (+25% year over year), operating margin -257.3%, net loss $112M, operating cash flow $47.9M. The chart draws each line against Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Cloud services | $23.8M | $16.6M | $7.2M | +43% |
| Colocation services | $4.7M | $1.7M | $3.0M | +173% |
| Digital asset mining | $2.4M | $6.6M | −$4.3M | -64% |
| ETH staking | $903K | $365K | $538K | +147% |
| Other | $307K | $338K | −$31K | -9% |
| Revenue | $32.1M | $25.7M | $6.5M | +25% |
| Income tax benefit | $1.5M | −$1.6M | $3.1M | — |
| Net loss | $112M | −$14.9M | $127M | — |
| Costs & expenses | $145M | $30.4M | $115M | +378% |
| Operating costs | $115M | $13.9M | $101M | +724% |
| Interest & other, net | $30.5M | −$4.7M | $35.2M | — |
| Operating cash sources | $160M | $2.8M | $157M | 57× |
| Depreciation & amortization | $10.1M | $8.2M | $1.9M | +23% |
| Share-based compensation | $4.3M | $6.9M | −$2.6M | -37% |
| Working capital & other | $145M | −$12.3M | $157M | — |
| Net loss absorbed | $112M | −$14.9M | $127M | — |
| Operating cash flow | $47.9M | $17.7M | $30.2M | +170% |
| Capital expenditures | $176M | $82.2M | $93.4M | +114% |
| Negative free cash flow (OCF − capex) | $128M | $64.5M | $63.2M | +98% |
Questions
How much did Bit Digital's revenue grow year over year in Q2 2026?
Bit Digital's revenue rose $6.5M (+25%) from $25.7M in Q2 2025 to $32.1M in Q2 2026.
What drove Bit Digital's revenue change in Q2 2026?
Cloud services +$7.2M (+43%); Digital asset mining −$4.3M (-64%); Colocation services +$3.0M (+173%).