Filing Flows › Btcs (BTCS) › Q4 2025
Btcs (BTCS) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 26, 2026
Btcs (BTCS) reported revenue of $7.1M for the fourth quarter 2025 (Q4 2025), +205% from a year earlier and +44% from the quarter before.
Btcs, Q4 2025: revenue $7.1M (+205% year over year), net loss $85.6M, operating cash flow −$3.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.1M | +44% | +205% |
| Operating profit | −$85.6M | -230% | -3920% |
| Net earnings | −$85.6M | -230% | -3920% |
| Operating cash flow | −$3.8M | — | — |
What changed
Revenue was $7.1M in Q4 2025, up 205% year over year and up 44% from the previous quarter. Builder+ was the largest line at 83% of revenue.
Gross margin was 12.4%, up 9.5 points from Q4 2024. Operating costs exceeded revenue by $85.6M, an operating margin of -1207.0%. The quarter ended with a net loss of $85.6M, after a profit of $65.6M the previous quarter.
Operating cash flow was −$3.8M. Non-cash charges added back $1K of depreciation. Working capital and other items added $81.8M. Capital expenditures of $5K exceeded it, leaving free cash flow of −$3.8M.
Questions
What was Btcs' revenue in the fourth quarter 2025?
Btcs (BTCS) reported revenue of $7.1M for the fourth quarter 2025 (Q4 2025), +205% from a year earlier and +44% from the quarter before.
Source: Btcs 10-K on SEC EDGAR.