Filing Flows › Bitgo Holdings (BTGO) › Q1 FY27
Bitgo Holdings (BTGO) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed May 14, 2026
Bitgo Holdings (BTGO) reported revenue of $3.8B for the first quarter fiscal 2027 (Q1 FY27), +113% from a year earlier. Operating margin was -0.5%, net loss $60.7M (1.6% of revenue).
Bitgo Holdings, Q1 FY27: revenue $3.8B (+113% year over year), operating margin -0.5%, net loss $60.7M, operating cash flow −$29.5M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.8B | — | +113% |
| Operating profit | −$19.9M | — | — |
| Net earnings | −$60.7M | — | — |
| Operating cash flow | −$29.5M | — | — |
What changed
Revenue was $3.8B in Q1 FY27, up 113% year over year.
Operating costs exceeded revenue by $0.02B, an operating margin of -0.5%. Total costs grew 114% against revenue growth of 113%. The fastest-growing cost line was Other operating costs (+115%). The quarter ended with a net loss of $0.06B. Net interest and other expense of $0.05B was the main reason.
Operating cash flow was −$0.03B. Non-cash charges added back $1.3M of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.02B. Capital expenditures of $2.3M exceeded it, leaving free cash flow of −$0.03B.
Questions
What was Bitgo Holdings' revenue in the first quarter fiscal 2027?
Bitgo Holdings (BTGO) reported revenue of $3.8B for the first quarter fiscal 2027 (Q1 FY27), +113% from a year earlier.
Was Bitgo Holdings profitable in the first quarter fiscal 2027?
Operating loss was $19.9M (-0.5% of revenue) and net loss $60.7M.
Source: Bitgo Holdings 10-Q on SEC EDGAR.