Source SEC Filings (10-K/10-Q)Latest period Q2 FY2026, ended Jun 30, 2026ReportedCurrency USDFYE December
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026.
Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the IBIT SEC filings page.
This page shows iShares Bitcoin Trust ETF (IBIT) 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).
Rhea AIIBITFY2025
The trust’s reported results swing sharply, while financing inflows nearly mirror operating cash outflows rather than reflecting an operating business.
Across FY2024 and FY2025, negative operating cash flow coincided with positive financing cash flow, indicating that the reported cash pattern is dominated by offsetting fund flows rather than internally generated operating cash. That relationship matters more here than conventional profitability measures because this vehicle does not report revenue, assets, or margins in the supplied data.
Reported net income reversed direction, moving from a gain of $14.2B in FY2024 to a loss of $9.0B in FY2025. The swing shows that the accounting result is highly variable across periods, not a stable operating earnings stream.
Operating cash outflow narrowed from $37.3B to $19.9B, while financing cash inflow moved in the opposite direction by nearly the same amounts. The near one-for-one pairing suggests reported cash activity is being offset through financing rather than generated internally; operating income also remained negative in both years, worsening from $47.5M to $174.6M.
Financial Health Signals
Financial health score not available
iShares Bitcoin Trust 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.
Earnings QualityNo Cash Backing
N/A
iShares Bitcoin Trust ETF reported a net loss of $9.0B while operations used $19.9B of cash. With neither figure positive, the ratio between the two carries no quality signal.
iShares Bitcoin Trust ETF reported a net loss of $7.0B in Q2 2026. This represents a decrease of 148.7% 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.
Revenue
Not reported for Q2 2026.
EBITDA
Not reported for Q2 2026.
EPS (Diluted)
Not reported for Q2 2026.
Cash & Balance Sheet
Shares Outstanding
1.30B
YoY-0.3%
QoQ-9.0%
iShares Bitcoin Trust ETF had 1.30B shares outstanding in Q2 2026. This represents a decrease of 0.3% from the same quarter a year earlier. Against the prior quarter it is down 9.0%.
Free Cash Flow
Not reported for Q2 2026.
Cash & Debt
Not reported for Q2 2026.
Dividends Per Share
Not reported for Q2 2026.
Margins & Returns
None of these metrics is reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
IBIT 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, EBITDA, Interest Expense, Income Tax, EPS (Diluted), Diluted Shares (Avg).
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, EBITDA, Interest Expense, Income Tax, EPS (Diluted), Diluted Shares (Avg).
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
IBIT 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: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
No, iShares Bitcoin Trust ETF (IBIT) reported a net loss of $9.0B in fiscal year 2025.
What is iShares Bitcoin Trust ETF's operating cash flow?
iShares Bitcoin Trust ETF (IBIT) recorded an outflow of $19.9B in operating cash flow during fiscal year 2025, representing cash used by core business activities.
How many shares does iShares Bitcoin Trust ETF have outstanding?
iShares Bitcoin Trust ETF (IBIT) had 1.35B shares outstanding as of fiscal year 2025.
Are iShares Bitcoin Trust ETF's earnings high quality?
iShares Bitcoin Trust ETF (IBIT) reported a net loss of $9.0B while operations used $19.9B 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.
