Franklin Bitcoin ETF (EZBC) Financials
Newest figures come from the 10-Q for Q1 FY2027, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the EZBC SEC filings page.
This page shows Franklin Bitcoin ETF (EZBC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 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).
The fund’s reported assets stayed broadly stable while earnings swung sharply, reflecting portfolio valuation changes rather than an operating sales engine.
Net income shifted from a gain of$109M in FY2025 to a net loss of$119M in FY2026, even as assets increased4.4% . That disconnect indicates the fund’s reported result can move with its holdings while its asset base remains comparatively steady, unlike a conventional business driven by sales and operating costs.
In FY2025, operating cash flow of
Liabilities fell from
Financial Health Signals
We do not publish a peer-relative financial health score for Franklin Bitcoin ETF, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Franklin Bitcoin ETF passes 0 of 5 computable financial strength tests (4 of the nine could not be computed from available data). No profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
Franklin Bitcoin ETF reported a net loss of $118.5M while operations used $137.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Franklin Bitcoin ETF reported a net loss of $46.6M in Q1 2027. This represents a decrease of 136.3% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Not reported for Q1 2027.
Not reported for Q1 2027.
Not reported for Q1 2027.
Cash & Balance Sheet
Franklin Bitcoin ETF held $0 in cash as of Q1 2027; no long-term debt figure is on record for that period.
Not reported for Q1 2027.
Not reported for Q1 2027.
Margins & Returns
Franklin Bitcoin ETF's quarterly ROE was -14.1% in Q1 2027: one quarter's net income over shareholder equity, not annualized. This is down 63.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 17.1 percentage points.
Not reported for Q1 2027.
Not reported for Q1 2027.
Not reported for Q1 2027.
Capital Allocation
Franklin Bitcoin ETF spent $53.9M on share buybacks in Q1 2027, returning capital to shareholders by reducing shares outstanding. This represents an increase of 52.9% from the same quarter a year earlier. Against the prior quarter it is up 94.0%.
Not reported for Q1 2027.
Not reported for Q1 2027.
EZBC 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, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
EZBC 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 | Q1'2710-Q | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $334.8M-40.2% | $429.4M+4.4% | $506.0M-28.9% | $661.3M+46.2% | $559.7M+50.0% | $411.2M+20.3% | $711.9M+711765.8% | $452.4M |
| Cash & Equivalents | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0-100.0% | $0 |
| Total Liabilities | $57K-100.0% | $70K-100.0% | $174.9M-27.7% | $327.1M+498454.5% | $299.0M+1423651566.7% | $170.7M+813000214.3% | $241.8Mn/m | $66K |
| Total Equity | $329.4M+26.3% | $377.4M+57.0% | $331.1M-29.5% | $334.2M-21.3% | $260.7M-25.1% | $240.4M-14.3% | $470.0M+17919.3% | $424.6M |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt, Retained Earnings.
EZBC 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.
| Metric | Q1'2710-Q | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $48.1Mn/m | -$41.2M-118.0% | -$2.0Mn/m | -$73.5Mn/m | -$20.3Mn/m | $229.6Mn/m | -$45.4M | -$76.6M |
| Financing Cash Flow | -$48.1M-337.1% | $41.2Mn/m | $2.0M-95.6% | $73.5M-4.0% | $20.3M-69.9% | -$229.6M-182.6% | $45.4M | $76.6M |
| Share Buybacks | $53.9M+52.9% | $27.8M-89.3% | $27.0M+14.0% | $19.4M-38.3% | $35.2M+2.7% | $259.2Mn/m | $23.7M | $31.4M |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid.
EZBC 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.
| Metric | Q1'2710-Q | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | -14.1%-63.4pp | -31.2%-1.6pp | -47.4%-93.0pp | 8.4%+7.8pp | 49.2%+59.6pp | -29.6%-51.4pp | 45.5% | 0.6% |
| Return on Assets | -13.9%-36.8pp | -27.4%-10.1pp | -31.1%-61.1pp | 4.3%+3.7pp | 22.9%+32.6pp | -17.3%-35.2pp | 30.0% | 0.6% |
| Liabilities-to-Equity | 0.00-1.1x | 0.00-0.7x | 0.530.0x | 0.98+1.0x | 1.15+1.1x | 0.71+0.7x | 0.51 | 0.00 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, Debt-to-Equity, Asset Turnover, FCF Margin.
Where Franklin Bitcoin ETF Ranks
Frequently Asked Questions
No, Franklin Bitcoin ETF (EZBC) reported a net loss of $293.4M over the trailing 12 months to June 30, 2026. In fiscal year 2026 it reported a net loss of $118.5M.
Franklin Bitcoin ETF (EZBC) has a return on equity of -31.4% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
Franklin Bitcoin ETF (EZBC) recorded an outflow of $137.0M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
Franklin Bitcoin ETF (EZBC) had $429.4M in total assets as of fiscal year 2026, including both current and long-term assets.
Franklin Bitcoin ETF (EZBC) had a liabilities-to-equity ratio of 0.00 as of fiscal year 2026, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2026, because the filing data we hold for that year carries no long-term debt figure.
Franklin Bitcoin ETF (EZBC) had a return on assets of -27.6% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
Franklin Bitcoin ETF (EZBC) has a Piotroski F-Score of 0 out of 5 computable signals; 4 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.
Franklin Bitcoin ETF (EZBC) reported a net loss of $118.5M while operations used $137.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.