Bit Digital Inc (BTBT)
4.44
+0.45
(+11.28%)
USD |
NASDAQ |
Nov 22, 16:00
4.39
-0.05
(-1.13%)
After-Hours: 20:00
Bit Digital Gross Profit Margin (Quarterly): 31.88% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 31.88% |
| June 30, 2024 | 47.64% |
| March 31, 2024 | 46.65% |
| December 31, 2023 | 38.14% |
| September 30, 2023 | 23.91% |
| June 30, 2023 | 37.34% |
| March 31, 2023 | 37.49% |
| December 31, 2022 | 22.57% |
| September 30, 2022 | 28.81% |
| June 30, 2022 | 60.25% |
| Date | Value |
|---|---|
| March 31, 2022 | 50.22% |
| December 31, 2021 | 64.29% |
| September 30, 2021 | 74.91% |
| June 30, 2021 | 61.60% |
| March 31, 2021 | 71.63% |
| December 31, 2020 | 41.92% |
| September 30, 2020 | 21.48% |
| June 30, 2020 | 5.57% |
| March 31, 2020 | -4.70% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-4.70%
Minimum
Mar 2020
74.91%
Maximum
Sep 2021
40.08%
Average
38.14%
Median
Dec 2023
Gross Profit Margin (Quarterly) Benchmarks
| Riot Platforms Inc | 13.98% |
| MARA Holdings Inc | -50.91% |
| Hut 8 Corp | 58.37% |
| Coinbase Global Inc | 71.00% |
| Cleanspark Inc | 40.13% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -1.19% |
| Return on Assets | -1.05% |
| Return on Invested Capital | -1.19% |
| Profit Margin (Quarterly) | -170.8% |
| Operating Margin (Quarterly) | -65.29% |
| Return on Net Operating Assets | -3.04% |