For fiscal 2025 (ended Dec 31, 2025), Bitdeer Technologies Group reported $620.25M of revenue and $65.60M of net income.
BTDR revenue was $620.25M for fiscal 2025 (ended Dec 31, 2025), up 77.3% from fiscal 2024. Compound annual growth was +27.2% over 5 years. It rose in 3 of the last 5 fiscal years. Fiscal 2025 is the highest of the 6 fiscal years on file.
BTDR net income was $65.60M for fiscal 2025 (ended Dec 31, 2025), compared with -$599.15M in fiscal 2024.
BTDR diluted EPS was -$1.43 for fiscal 2025 (ended Dec 31, 2025).
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
|---|---|---|---|---|---|---|
| Revenue | $620.25M | $349.78M | $368.55M | $333.34M | $394.66M | $186.39M |
| Cost of revenue | $559.26M | $283.38M | $290.75M | $250.09M | $153.25M | $209.56M |
| Gross profit | $60.99M | $66.40M | $77.81M | $83.25M | $241.41M | -$23.18M |
| Research and development | $153.88M | $76.95M | $29.53M | $35.43M | $29.50M | $9.79M |
| Selling, general and admin | $84.42M | $64.32M | $66.45M | $93.45M | $89.73M | $20.27M |
| Operating income | $159.72M | -$589.66M | -$52.25M | -$60.59M | $130.83M | -$63.41M |
| Interest expense | $3.77M | $3.47M | $2.60M | - | - | - |
| Pre-tax income | $70.83M | -$601.59M | -$50.97M | -$64.77M | $130.89M | -$63.79M |
| Income tax | $5.23M | -$2.44M | $5.68M | -$4.40M | $48.25M | -$7.96M |
| Net income | $65.60M | -$599.15M | -$56.66M | -$60.37M | $82.64M | -$55.83M |
| EPS, basic | $0.32 | -$4.36 | -$0.51 | -$0.56 | $0.76 | $0.00 |
| EPS, diluted | -$1.43 | -$4.36 | -$0.51 | -$0.56 | $0.75 | $0.00 |
| Diluted shares | 234,319 | 137,426 | 110,494 | 108.7M | 111.2M | 12.66B |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
|---|---|---|---|---|---|---|
| Cash and equivalents | $149.35M | $476.27M | $144.73M | $231.36M | $372.09M | $44.75M |
| Short-term investments | $4.98M | $4.54M | $1.00M | - | - | - |
| Inventory | $252.00M | $64.89M | $346.0K | - | - | - |
| Current assets | $1.39B | $949.45M | $260.32M | - | - | - |
| Goodwill | $35.82M | $35.82M | $0 | - | - | - |
| Total assets | $2.80B | $1.56B | $639.39M | $651.41M | $646.97M | - |
| Current liabilities | $1.52B | $1.10B | $121.18M | - | - | - |
| Long-term debt | $468.0K | $0 | $22.62M | - | - | - |
| Total debt | $468.0K | $0 | $22.62M | $29.80M | $29.46M | - |
| Total liabilities | $1.94B | $1.28B | $306.82M | $333.07M | $358.89M | - |
| Shareholders' equity | $867.85M | $276.60M | $332.57M | $318.34M | $288.08M | $145.90M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
|---|---|---|---|---|---|---|
| Capital expenditures | $232.24M | $119.49M | $63.30M | $63.20M | $62.88M | $19.85M |
| Investing cash flow | $38.86M | $112.70M | $199.85M | $133.79M | $394.57M | $62.74M |
| Financing cash flow | $1.37B | $844.27M | -$13.49M | -$3.88M | -$14.43M | $30.78M |
| Share repurchases | - | $617.0K | $2.60M | $0 | $0 | - |
| Stock-based compensation | $38.49M | $33.97M | $45.49M | $90.65M | $88.36M | - |
| Depreciation and amortization | $168.12M | $81.10M | $75.54M | $66.42M | $63.05M | $112.04M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
|---|---|---|---|---|---|---|
| Revenue growth, YoY | 77.3% | -5.1% | 10.6% | -15.5% | 111.7% | - |
| Gross margin | 9.8% | 19.0% | 21.1% | 25.0% | 61.2% | -12.4% |
| Operating margin | 25.8% | -168.6% | -14.2% | -18.2% | 33.1% | -34.0% |
| Net margin | 10.6% | -171.3% | -15.4% | -18.1% | 20.9% | -30.0% |
| Return on equity | 7.6% | -216.6% | -17.0% | -19.0% | 28.7% | -38.3% |
| Return on assets | 2.3% | -38.5% | -8.9% | -9.3% | 12.8% | - |
| Current ratio | 0.91 | 0.86 | 2.15 | - | - | - |
| Debt to equity | 0.00 | 0.00 | 0.07 | 0.09 | 0.10 | - |
Source: XBRL data Bitdeer Technologies Group 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.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| BTDR | $620.25M | +77.3% | $65.60M | 10.6% | $1.63B |
| AXP | $77.59B | +10.2% | $12.26B | 15.8% | $215.24B |
| SPGI | $17.21B | +18.2% | $4.99B | 29.0% | $135.62B |
| MCO | $8.18B | +9.0% | $2.88B | 35.3% | $87.18B |
| NU | $15.77B | +37.0% | $2.87B | 18.2% | $58.39B |
| RKT | $11.46B | +90.4% | $1.30B | 11.4% | $42.74B |
| COIN | $5.63B | -26.6% | -$701.62M | -12.5% | $35.68B |
| AFRM | $4.59B | +32.7% | $2.01B | 43.9% | $23.08B |
| SYF | $19.31B | +2.6% | $3.33B | 17.3% | $22.96B |