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Bitgo Holdings (BTGO) Q2 FY27 earnings results (second quarter fiscal 2027)

10-Q filed Aug 12, 2026

Bitgo Holdings (BTGO) reported revenue of $4.3B for the second quarter fiscal 2027 (Q2 FY27), +80% from a year earlier and +15% from the quarter before. Operating margin was -0.4%, net loss $19.0M (0.4% of revenue).

Revenue$4.3B
Year over year+80%
Quarter over quarter+15%
Operating margin-0.4%
Net earnings−$19.0M

Bitgo Holdings, Q2 FY27: revenue $4.3B (+80% year over year), operating margin -0.4%, net loss $19.0M, operating cash flow −$6.7M. The chart follows the revenue to costs, profit and cash.

Q2 FY27AmountQ/QY/Y
Revenue$4.3B+15%+80%
Operating profit−$17.4M——
Net earnings−$19.0M——
Operating cash flow−$6.7M——

What changed

Revenue was $4.3B in Q2 FY27, up 80% year over year and up 15% from the previous quarter.

Operating costs exceeded revenue by $0.02B, an operating margin of -0.4%. Total costs grew 80% against revenue growth of 80%. The fastest-growing cost line was Other operating costs (+80%). The quarter ended with a net loss of $0.02B, narrower than the previous quarter's $0.06B loss. Net interest and other expense of $0.01B was the main reason.

Operating cash flow was −$0.01B. Non-cash charges added back $1.8M of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items added $0.01B. Capital expenditures of $2.6M exceeded it, leaving free cash flow of −$0.01B.

Questions

What was Bitgo Holdings' revenue in the second quarter fiscal 2027?

Bitgo Holdings (BTGO) reported revenue of $4.3B for the second quarter fiscal 2027 (Q2 FY27), +80% from a year earlier and +15% from the quarter before.

Was Bitgo Holdings profitable in the second quarter fiscal 2027?

Operating loss was $17.4M (-0.4% of revenue) and net loss $19.0M.

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Source: Bitgo Holdings 10-Q on SEC EDGAR.