Bitdeer Technologies Group (BTDR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BTDR SEC filings page.
Bitdeer Technologies Group (BTDR) reported $620.3M in revenue for fiscal year 2025, up 77.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Expansion is being financed through a much larger balance sheet, while working-capital tightness persists and cash conversion remains untestable.
The move from a-171.3% net margin in FY2024 to10.6% in FY2025 coincided with assets expanding from$1.6B to$2.8B , so the earnings rebound occurred during a financing-and-expansion phase rather than on a stable pre-existing asset base. That scale-up makes the improved profitability harder to interpret as purely operating improvement.
The funding mix changed more than the leverage ratio alone suggests: debt-to-equity fell from 0.3x to 0.1x as equity expanded, so the lower ratio primarily reflects a stronger equity base. With operating cash flow and free cash flow not reported, the earnings rebound cannot be tested for cash conversion.
Depreciation more than doubled from
Financial Health Signals
Bitdeer Technologies Group does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Bitdeer Technologies Group passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). All 2 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q1 2026.
Cash & Balance Sheet
Bitdeer Technologies Group held $299.8M in cash against $84.7M in long-term debt as of Q1 2026, with $1.1B of liabilities due within a year.
Not reported for Q1 2026.
Not reported for Q1 2026.
Margins & Returns
None of these metrics is reported for Q1 2026.
Capital Allocation
None of these metrics is reported for Q1 2026.
BTDR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
BTDR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'266-K | Q3'256-K | Q1'2510-Q | Q3'2410-K | Q3'2310-K | Q3'2210-K |
|---|---|---|---|---|---|---|
| Total Assets | $2.0B+146.6% | $1.6B+143.6% | $827.7M | $639.4M-1.8% | $651.4M+0.7% | $647.0M |
| Current Assets | $1.1B | $949.4M+264.7% | N/A | $260.3M | N/A | N/A |
| Cash & Equivalents | $299.8M+47.0% | $476.3M+229.1% | $203.9M | $144.7M-37.4% | $231.4M-37.8% | $372.1M |
| Inventory | $208.8M | $64.9M+18653.8% | N/A | $346K | N/A | N/A |
| Goodwill | $35.8M+147.9% | $35.8M | $14.5M | $0-100.0% | $322K+180.0% | $115K |
| Total Liabilities | $1.3B+283.1% | $1.3B+317.6% | $348.3M | $306.8M-7.9% | $333.1M-7.2% | $358.9M |
| Current Liabilities | $1.1B | $1.1B+807.8% | N/A | $121.2M | N/A | N/A |
| Non-Current Liabilities | $252.3M | $181.1M-2.4% | N/A | $185.6M | N/A | N/A |
| Long-Term Debt | $84.7M+14.2% | $72.7M+11.9% | $74.1M | $64.9M-0.8% | $65.5M+9.7% | $59.7M |
| Total Equity | $706.8M+47.4% | $276.6M-16.8% | $479.4M | $332.6M+4.5% | $318.3M+10.5% | $288.1M |
| Retained Earnings | -$387.3M-478.1% | -$649.0M-1201.8% | -$67.0M | -$49.9M-832.8% | $6.8M-89.9% | $67.2M |
Not reported in any period shown, so not listed: Short-Term Investments, Accounts Receivable, Long-Term Investments.
BTDR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
BTDR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Note: The current ratio is below 1.0 (0.91), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Bitdeer Technologies Group BTDR | FY2025 | $620.3M | $65.6M | 10.6% | $3.4B | — |
| NCR Atleos Corp NATL | FY2025 | $4.4B | $162.0M | 3.7% | $3.4B | 44/100 |
| Agilysys AGYS | FY2026 | $319.3M | $38.8M | 12.2% | $3.1B | 72/100 |
| Ncino, Inc. NCNO | FY2026 | $594.8M | $9.7M | 1.6% | $2.4B | 41/100 |
| Grindr Inc GRND | FY2025 | $439.9M | $94.8M | 21.5% | $2.7B | 72/100 |
| DAVE INC DAVE | FY2025 | $554.2M | $196.0M | 35.4% | $4.9B | 61/100 |
Where Bitdeer Technologies Group Ranks
Frequently Asked Questions
What is Bitdeer Technologies Group's annual revenue?
Bitdeer Technologies Group (BTDR) reported $620.3M in total revenue for fiscal year 2025. This represents a 77.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Bitdeer Technologies Group's revenue growing?
Bitdeer Technologies Group (BTDR) revenue grew by 77.3% year-over-year, from $349.8M to $620.3M in fiscal year 2025.
Is Bitdeer Technologies Group profitable?
Yes, Bitdeer Technologies Group (BTDR) reported a net income of $65.6M in fiscal year 2025, with a net profit margin of 10.6%.
How much debt does Bitdeer Technologies Group have?
As of fiscal year 2025, Bitdeer Technologies Group (BTDR) had $149.4M in cash and equivalents against $89.0M in long-term debt.
What is Bitdeer Technologies Group's net profit margin?
Bitdeer Technologies Group (BTDR) had a net profit margin of 10.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Bitdeer Technologies Group's return on equity (ROE)?
Bitdeer Technologies Group (BTDR) has a return on equity of 7.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What are Bitdeer Technologies Group's total assets?
Bitdeer Technologies Group (BTDR) had $2.8B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Bitdeer Technologies Group's capital expenditures?
Bitdeer Technologies Group (BTDR) invested $232.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Bitdeer Technologies Group's current ratio?
Bitdeer Technologies Group (BTDR) had a current ratio of 0.91 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Bitdeer Technologies Group's debt-to-equity ratio?
Bitdeer Technologies Group (BTDR) had a debt-to-equity ratio of 0.10 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Bitdeer Technologies Group's return on assets (ROA)?
Bitdeer Technologies Group (BTDR) had a return on assets of 2.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Bitdeer Technologies Group's P/E ratio?
Bitdeer Technologies Group (BTDR) trades at 51.1x earnings, its market capitalization divided by net income of $65.6M net income, FY2025. The market capitalization is $3.4B as of Sep 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Bitdeer Technologies Group's price-to-sales ratio?
Bitdeer Technologies Group (BTDR) trades at 5.4x sales, its market capitalization divided by revenue of $620.3M revenue, FY2025. The market capitalization is $3.4B as of Sep 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Bitdeer Technologies Group's Piotroski F-Score?
Bitdeer Technologies Group (BTDR) has a Piotroski F-Score of 4 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.