BTCS · Btcs Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.15M | - | $4.94M | $2.77M | $1.69M | - | $739.2K | $561.2K | $385.8K | - |
| Cost of Revenue | $1.13M | - | $3.85M | $2.85M | $1.57M | - | $543.3K | $168.8K | $95.0K | - |
| Gross Profit | $1.01M | - | $1.09M | ($80.9K) | $120.3K | - | $195.8K | $392.3K | $290.8K | - |
| R&D | $80.4K | - | $145.6K | $193.5K | $209.3K | - | $213.3K | $163.8K | $146.5K | - |
| SG&A | $245.6K | - | $610.6K | $659.6K | $558.4K | - | $586.9K | $539.0K | $487.6K | - |
| Total Operating Expenses | $68.63M | - | $7.08M | $4.45M | $3.08M | - | $1.92M | $1.32M | $1.14M | - |
| D&A | $1.5K | - | - | - | $879 | - | - | - | $1.5K | - |
| Operating Income | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $469.0K | - | $665.0K | $8.0K | - | - | - | - | - | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($69.16M) | - | $65.59M | $3.88M | ($17.27M) | - | ($9.04M) | ($6.73M) | $12.26M | - |
| EPS - Basic | ($1.43) | - | $1.48 | $0.18 | ($0.86) | - | ($0.56) | ($0.43) | $0.78 | - |
| EPS - Diluted | ($1.43) | - | $1.30 | $0.14 | ($0.86) | - | ($0.56) | ($0.43) | $0.63 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $284.6K | $1.53M | $4.49M | $639.2K | $269.9K | $1.98M | $254.5K | $536.7K | $670.6K | $1.46M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $128.41M | $214.02M | $298.34M | $40.45M | $20.68M | $38.14M | $26.43M | $33.72M | $39.44M | $27.04M |
| Total Assets | $129.03M | $214.63M | $298.86M | $40.81M | $21.03M | $38.25M | $26.53M | $33.82M | $39.55M | $27.15M |
| Current Liabilities | $44.27M | $63.37M | $62.35M | $4.94M | $476.1K | $4.25M | $1.34M | $710.6K | $246.4K | $980.9K |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $56.92M | $75.22M | $73.45M | $4.25M | - | - | - | - | - | - |
| Stockholders' Equity | $72.11M | $139.42M | $225.40M | $31.07M | $20.56M | $34.00M | $25.20M | $33.11M | $39.30M | $26.17M |
| Retained Earnings | ($242.47M) | ($173.30M) | ($87.75M) | ($153.34M) | ($157.22M) | ($139.95M) | ($142.19M) | ($133.15M) | ($126.42M) | ($138.68M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($1.74M) | - | - | - | ($1.90M) | - | - | - | ($769.0K) | - |
| Investing Cash Flow | $18.22M | - | - | - | ($34.4K) | - | - | - | ($18.7K) | - |
| Financing Cash Flow | ($17.72M) | - | - | - | $229.0K | - | - | - | - | - |
| CapEx | - | - | - | - | $1.7K | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | ($1.90M) | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 47.2% | - | 22.0% | -2.9% | 7.1% | - | 26.5% | 69.9% | 75.4% | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | -3220.9% | - | 1328.1% | 140.0% | -1022.5% | - | -1223.0% | -1198.9% | 3177.1% | - |
| Free cash flow margin | - | - | - | - | -112.7% | - | - | - | - | - |
| FCF / Net income | - | - | - | - | 0.11 | - | - | - | - | - |
| R&D / Revenue | 3.7% | - | 2.9% | 7.0% | 12.4% | - | 28.9% | 29.2% | 38.0% | - |
| SG&A / Revenue | 11.4% | - | 12.4% | 23.8% | 33.1% | - | 79.4% | 96.0% | 126.4% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -53.6% | - | 21.9% | 9.5% | -82.1% | - | -34.1% | -19.9% | 31.0% | - |
| Return on equity | -95.9% | - | 29.1% | 12.5% | -84.0% | - | -35.9% | -20.3% | 31.2% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.90 | 3.38 | 4.78 | 8.19 | 43.43 | 8.98 | 19.76 | 47.45 | 160.08 | 27.56 |
| Quick ratio | 2.90 | 3.38 | 4.78 | 8.19 | 43.43 | 8.98 | 19.76 | 47.45 | 160.08 | 27.56 |
| Cash ratio | 0.01 | 0.02 | 0.07 | 0.13 | 0.57 | 0.47 | 0.19 | 0.76 | 2.72 | 1.49 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.79 | 1.54 | 1.33 | 1.31 | 1.02 | 1.12 | 1.05 | 1.02 | 1.01 | 1.04 |
| Liabilities / Assets | 0.44 | 0.35 | 0.25 | 0.10 | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.02 | - | 0.02 | 0.07 | 0.08 | - | 0.03 | 0.02 | 0.01 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | 3.7x | 15.7x | - | - | - | - | 2.8x | - |
| P / B | 0.9x | - | 1.1x | 2.0x | 1.5x | - | 0.7x | 0.7x | 0.9x | - |
| P / S | 31.2x | - | 49.2x | 22.2x | 17.7x | - | 25.4x | 38.8x | 88.6x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 27.1% | - | 568.1% | 394.0% | 337.8% | - | 133.7% | 45.5% | -31.5% | - |
| Revenue CAGR (3y) | 56.2% | - | 143.0% | 75.3% | 44.2% | - | 31.7% | 13.8% | 74.6% | - |
| Revenue CAGR (5y) | 96.9% | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 743.3% | - | 455.5% | - | -58.6% | - | -16.0% | 44.2% | 26.7% | - |
| Operating income growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Net income growth (YoY) | -300.5% | - | - | - | - | - | -1312.3% | -560.6% | - | - |
| EPS growth (YoY) | -66.3% | - | - | - | - | - | -600.0% | 29.5% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 250.7% | 310.0% | 794.6% | -6.2% | -47.7% | 29.9% | 198.9% | 284.4% | 174.5% | 180.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$32.98M totalBlockchain Infrastructure Revenues$15.18M · 46.0%
Builder Plus$13.12M · 39.8%
Node Ops$2.06M · 6.2%
De Fi Revenues$1.31M · 4.0%
Imperium$1.31M · 4.0%
Peer comparison
Same SIC group: Finance Services
Comparing BTCS Inc. against the 5 most active filers in the same SIC group.
Dividends
$0.05/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Sep 26, 2025 | $0.0500 |
| Mar 16, 2022 | $0.0500 |