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 reported vehicle’s dominant mechanic is financing-flow offsetting while liabilities nearly disappear from FY2025 to FY2026.
Between FY2025 and FY2026, net income moved from$109.2M to-$118.5M , while operating cash flow shifted from$40.2M to-$137.0M ; accounting results and cash movement therefore changed direction together. In both periods, financing cash flow exactly offset operating cash flow, indicating that reported cash movements were being counterbalanced through financing rather than accumulated internally.
Total assets stayed broadly similar at
Return on equity reversed from
Financial Health Signals
Franklin Bitcoin ETF 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.
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 -$46.6M in net income in Q1 2027. This represents a decrease of 136.3% from the same quarter a year earlier.
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; long-term debt is not reported for that period.
Not reported for Q1 2027.
Not reported for Q1 2027.
Margins & Returns
Franklin Bitcoin ETF's ROE was -14.1% in Q1 2027, measuring profit generated per dollar of shareholder equity. This is down 63.4 percentage points from the same quarter a year earlier.
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-Q | 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0-100.0% | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $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% | $241.8M+9740.9% | $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, Inventory, Accounts Receivable, 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-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $48.1M+337.1% | -$41.2M-118.0% | -$2.0M+95.6% | -$73.5M+4.0% | -$20.3M+69.9% | $229.6M+182.6% | -$45.4M | -$76.6M |
| Financing Cash Flow | -$48.1M-337.1% | $41.2M+118.0% | $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% | $259.2M | $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-Q | 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 | N/A | -47.4%-93.0pp | 8.4%+7.8pp | 49.2%+59.6pp | N/A | 45.5% | 0.6% |
| Return on Assets | -13.9%-36.8pp | N/A | -31.1%-61.1pp | 4.3%+3.7pp | 22.9%+32.6pp | N/A | 30.0% | 0.6% |
| Debt-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, Asset Turnover, FCF Margin.
Where Franklin Bitcoin ETF Ranks
Frequently Asked Questions
Is Franklin Bitcoin ETF profitable?
No, Franklin Bitcoin ETF (EZBC) reported a net income of -$118.5M in fiscal year 2026.
What is Franklin Bitcoin ETF's return on equity (ROE)?
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.
What is Franklin Bitcoin ETF's operating cash flow?
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.
What are Franklin Bitcoin ETF's total assets?
Franklin Bitcoin ETF (EZBC) had $429.4M in total assets as of fiscal year 2026, including both current and long-term assets.
What is Franklin Bitcoin ETF's debt-to-equity ratio?
Franklin Bitcoin ETF (EZBC) had a debt-to-equity ratio of 0.00 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Franklin Bitcoin ETF's return on assets (ROA)?
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.
How does Franklin Bitcoin ETF's liquidity compare with its operating cash outflow?
At the end of fiscal year 2026, Franklin Bitcoin ETF (EZBC) held $0 in cash, cash equivalents and investments, and reported an operating cash outflow of $137.0M over that year. Dividing the one by the other, the reported balance equals about 0 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Franklin Bitcoin ETF's Piotroski F-Score?
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.
Are Franklin Bitcoin ETF's earnings high quality?
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.