BITF
Bitfarms Ltd.
NASDAQ · Financial Services · Financial - Capital Markets · CA
$2.16
+9.09%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 229.3M | 229.3M | 192.9M | 146.4M | 142.4M |
| Cost of Revenue | 248.2M | 248.2M | 225.2M | 167.9M | 131.9M |
| Gross Profit | (18.9M) | (18.9M) | (32.4M) | (21.5M) | 10.5M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 78.3M | 78.3M | 73.4M | 39.3M | 51.5M |
| General & Admin Expense | 78.3M | 78.3M | 72.7M | 38.8M | 51.2M |
| Selling & Marketing Expense | — | — | 721.0K | 491.0K | 333.0K |
| Other Expenses | 52.4M | 52.4M | 1.8M | 11.3M | 243.0M |
| Total Operating Expenses | 130.7M | 130.7M | 75.2M | 50.6M | 294.5M |
| Cost and Expenses | 378.9M | 378.9M | 300.4M | 218.5M | 426.4M |
| Operating Income (EBIT) | (149.6M) | (149.6M) | (107.6M) | (72.1M) | (284.0M) |
| Non-Operating | |||||
| Interest Income | 6.3M | 6.3M | 6.0M | 1.4M | 456.0K |
| Interest Expense | 8.6M | 8.6M | 1.7M | 4.1M | 14.2M |
| Net Interest Income | (2.3M) | (2.3M) | 4.3M | (2.7M) | (13.8M) |
| Other Non-Op Income/Expense | (58.8M) | (58.8M) | 39.2M | (37.2M) | 91.0M |
| Non-Operating Income (excl Interest) | — | — | (40.9M) | 30.1M | (105.2M) |
| EBT (Pre-Tax Income) | (208.4M) | (208.4M) | (68.4M) | (109.3M) | (193.1M) |
| Income Tax Expense | 101.0K | 101.0K | (14.3M) | (401.0K) | (17.4M) |
| Bottom Line | |||||
| Net Income | (284.5M) | (284.5M) | (54.1M) | (108.9M) | (175.6M) |
| Earnings from Cont. Ops | (208.5M) | (208.5M) | (54.1M) | (108.9M) | (175.6M) |
| Earnings from Discont. Ops | (76.0M) | (76.0M) | — | — | — |
| Bottom Line Net Income | (284.5M) | (284.5M) | (54.1M) | (108.9M) | (175.6M) |
| Per Share | |||||
| Basic EPS | ($0.52) | ($0.52) | ($0.13) | ($0.42) | ($1.15) |
| Diluted EPS | ($0.52) | ($0.52) | ($0.13) | ($0.42) | ($1.15) |
| Revenue Per Share | $0.42 | $0.42 | $0.47 | $0.56 | $0.69 |
| Shares | |||||
| Basic Shares Outstanding | 551.7M | 551.7M | 414.7M | 262.2M | 207.8M |
| Diluted Shares Outstanding | 551.7M | 551.7M | 414.7M | 262.2M | 207.8M |
| Profitability Metrics | |||||
| EBITDA | (149.6M) | (149.6M) | 74.4M | (17.4M) | (106.4M) |
| D&A | — | — | 141.0M | 84.8M | 72.4M |
| EBIT | (149.6M) | (149.6M) | (66.6M) | (102.2M) | (178.8M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Dec 1, 2025