Financials · ARBK

Argo Blockchain plc (ARBK) financials

For fiscal 2025 (ended Dec 31, 2025), Argo Blockchain plc reported $15.52M of revenue and $5.08M of net income.

Revenue, FY2025
$15.52M
Revenue growth, YoY
-67.0%
Net income, FY2025
$5.08M
Net margin
32.8%
Free cash flow, FY2025
-$25.13M
EPS, diluted, FY2025
$0.00
Cash
$2.20M
P/E
3.63
P/S
1.19
Market cap
$18.4M
Annual revenue$15.52M
FY2021FY2025
Annual net income$5.08M
FY2021FY2025
Annual free cash flow-$25.13M
FY2021FY2025

ARBK revenue and earnings growth

ARBK revenueFY2025$15.52M

FY YoY
-67.0%

ARBK revenue was $15.52M for fiscal 2025 (ended Dec 31, 2025), down 67.0% from fiscal 2024. It rose in 0 of the last 4 fiscal years.

ARBK net incomeFY2025$5.08M

ARBK net income was $5.08M for fiscal 2025 (ended Dec 31, 2025), compared with -$55.10M in fiscal 2024.

ARBK EPSFY2025$0.00

ARBK diluted EPS was $0.00 for fiscal 2025 (ended Dec 31, 2025).

ARBK free cash flowFY2025-$25.13M

ARBK free cash flow was -$25.13M for fiscal 2025 (ended Dec 31, 2025).

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Revenue$15.52M$47.02M$50.56M$58.58M$98.75M
Gross profit$287.0K$1.46M$3.10M$11.36M$69.22M
Research and development---$11.0K-
Operating income-$13.40M-$15.32M-$19.74M-$26.70M$54.90M
Interest expense$4.20M$6.81M$11.56M$22.66M$2.94M
Pre-tax income$4.67M-$54.76M-$34.64M-$240.69M$50.39M
Income tax-$412.0K$340.0K--$11.73M$11.32M
Net income$5.08M-$55.10M-$34.64M-$228.96M$39.07M
EPS, basic$0.00-$0.09-$0.07-$0.48$0.10
EPS, diluted$0.00-$0.09-$0.07-$0.48$0.10
Diluted shares2.19B607.9M503.9M473.9M415.2M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Cash and equivalents$2.20M$8.63M$7.44M$20.09M$15.92M
Receivables$645.0K$2.45M$2.48M$823.0K$10.07M
Current assets-$11.71M$14.92M$27.34M$210.36M
Total assets$22.73M$19.26M$75.94M$110.23M$388.15M
Current liabilities$8.06M$9.44M$27.59M$21.39M$73.77M
Short-term debt$1.60M$857.0K$14.32M$11.61M-
Long-term debt-$39.30M$48.20M$59.60M-
Total debt-$40.16M$62.52M$71.21M-
Total liabilities$9.83M$48.74M$75.78M$85.66M$115.88M
Shareholders' equity$12.90M-$29.48M$158.0K$24.58M$272.27M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Operating cash flow-$25.01M-$44.80M-$47.96M-$101.24M-$37.02M
Capital expenditures$126.0K-$1.11M$108.05M$105.09M
Free cash flow-$25.13M--$49.07M-$209.28M-$142.11M
Investing cash flow$17.63M$55.02M$50.80M$17.32M-$183.07M
Financing cash flow$1.05M-$9.32M-$15.78M$84.18M$233.06M
Stock-based compensation$2.65M$3.76M$3.89M$6.10M$2.58M
Depreciation and amortization$3.15M$14.91M$20.13M$29.00M$15.32M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Revenue growth, YoY-67.0%-7.0%-13.7%-40.7%-
Gross margin1.8%3.1%6.1%19.4%70.1%
Operating margin-86.3%-32.6%-39.0%-45.6%55.6%
Net margin32.8%-117.2%-68.5%-390.8%39.6%
Free cash flow margin-161.9%--97.1%-357.2%-143.9%
Return on equity39.4%--21922.2%-931.6%14.4%
Return on assets22.4%-286.1%-45.6%-207.7%10.1%
Current ratio-1.240.541.282.85
Debt to equity--395.682.90-

Source: XBRL data Argo Blockchain plc files with the SEC, latest filing dated Apr 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

ARBK peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
ARBK$15.52M-67.0%$5.08M32.8%$18.4M
AXP$77.59B+10.2%$12.26B15.8%$217.47B
SPGI$17.21B+18.2%$4.99B29.0%$136.57B
MCO$8.18B+9.0%$2.88B35.3%$88.11B
NU$15.77B+37.0%$2.87B18.2%$60.02B
RKT$11.46B+90.4%$1.30B11.4%$43.11B
COIN$5.63B-26.6%-$701.62M-12.5%$36.03B
AFRM$4.59B+32.7%$2.01B43.9%$23.06B
SYF$19.31B+2.6%$3.33B17.3%$22.80B

ARBK FAQ

9 questions
  • What is ARBK revenue?
    Argo Blockchain plc (ARBK) reported $15.52M of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 67.0% from the year before.
  • Is ARBK profitable?
    Yes. Argo Blockchain plc earned $5.08M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 32.8%.
  • How much cash and debt does ARBK have?
    Argo Blockchain plc reported $2.20M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is ARBK revenue growing?
    Argo Blockchain plc's revenue changed -67.0% in fiscal 2025, to $15.52M.
  • What is ARBK gross margin?
    Argo Blockchain plc's gross profit was $287.0K on $15.52M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 1.8%.
  • What is ARBK free cash flow?
    Argo Blockchain plc generated -$25.13M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -$25.01M less capital expenditures.
  • What is ARBK earnings per share?
    Diluted earnings per share were $0.00 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did ARBK last report financial results?
    The latest statements here come from Argo Blockchain plc's 20-F filed on Apr 30, 2026, covering the period ended Dec 31, 2025.
  • Where does this ARBK financial data come from?
    Quantisnow builds these statements from the structured XBRL data Argo Blockchain plc files with the SEC. It is provided for information only and is not investment advice.