Filing Flows › Bit Digital (BTBT) › Q2 2026
Bit Digital (BTBT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
Bit Digital (BTBT) reported revenue of $32.1M for the second quarter 2026 (Q2 2026), +25% from a year earlier and +15% from the quarter before. Operating margin was -257.3%, net loss $112M (347.7% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $32.1M | +15% | +25% |
| Operating profit | −$82.6M | — | -804% |
| Net earnings | −$112M | — | -851% |
| Operating cash flow | $47.9M | — | +170% |
What changed
Revenue was $32.1M in Q2 2026, up 25% year over year and up 15% from the previous quarter. Cloud services was the largest line at 74% of revenue. Cloud services added $7.2M year over year (up 43%), 112% of the total change. Digital asset mining declined 64%.
Operating costs exceeded revenue by $82.6M, an operating margin of -257.3%. Total costs grew 724% against revenue growth of 25%. The quarter ended with a net loss of $111.7M, narrower than the previous quarter's $150.3M loss. Minority interests bore $4.5M of it: to shareholders the quarter was a loss of $107.2M.
Operating cash flow was $47.9M (up 170% year over year). Non-cash charges added back $10.1M of depreciation and amortization and $4.3M of share-based compensation. Working capital and other items added $145.1M. Capital expenditures of $175.5M exceeded it, leaving free cash flow of −$127.7M.
Questions
What was Bit Digital's revenue in the second quarter 2026?
Bit Digital (BTBT) reported revenue of $32.1M for the second quarter 2026 (Q2 2026), +25% from a year earlier and +15% from the quarter before.
Was Bit Digital profitable in the second quarter 2026?
Operating loss was $82.6M (-257.3% of revenue) and net loss $112M.
Source: Bit Digital 10-Q on SEC EDGAR.