Filing Flows

Filing Flows › Btcs (BTCS) › Q1 2026 › vs Q4 2025

Btcs (BTCS) Q1 2026 vs Q4 2025 (quarter over quarter)

Btcs's revenue fell $4.9M (-70%) from $7.1M in Q4 2025 to $2.1M in Q1 2026.

Btcs, Q1 2026: revenue $2.1M (+27% year over year), net loss $69.2M, operating cash flow −$1.7M. The chart draws each line against Q4 2025, the increases inside each band.

Btcs: what changed, Q1 2026 vs Q4 2025Btcs: what changed, Q1 2026 vs Q4 2025Costs & expenses−$21.3MOperating costs−$21.3MNet loss−$16.4MOperating cash sources−$16.4MNet loss absorbed−$16.4MOther operating costs−$16.1MWorking capital & other−$16.1MCost of revenue−$5.1MCash used in operations−$2.0MShare-based compensation$1.7M

Every line

LineQ1 2026Q4 2025Change%
Revenue$2.1M$7.1M−$4.9M-70%
Net loss$69.2M$85.6M−$16.4M-19%
Costs & expenses$71.3M$92.6M−$21.3M-23%
Operating costs$71.3M$92.6M−$21.3M-23%
Cost of revenue$1.1M$6.2M−$5.1M-82%
Research & development$80K$131K−$51K-39%
General & admin$246K$308K−$63K-20%
Other operating costs$69.9M$86.0M−$16.1M-19%
Operating cash sources$69.2M$85.6M−$16.4M-19%
Depreciation$2K$1K$163+12%
Share-based compensation$1.7M$0$1.7M—
Working capital & other$65.7M$81.8M−$16.1M-20%
Cash used in operations$1.7M$3.8M−$2.0M-54%
Net loss absorbed$69.2M$85.6M−$16.4M-19%

Questions

How much did Btcs's revenue grow quarter over quarter in Q1 2026?

Btcs's revenue fell $4.9M (-70%) from $7.1M in Q4 2025 to $2.1M in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →