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Bitfarms Ltd. (TSX:BITF)
Canada flag Canada · Delayed Price · Currency is CAD
2.760
+0.030 (1.10%)
Inactive · Last trade price on Apr 2, 2026

Bitfarms Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
229.28133.27120.4147.43169.49
Revenue Growth (YoY)
72.03%10.69%-18.33%-13.02%388.40%
Cost of Revenue
-248.18-149.19-144.14131.9158.37
Gross Profit
-18.9-15.91-23.7410.52111.12
Selling, General & Admin
-78.34-61.93-33.8751.5143.24
Other Operating Expenses
52.36-49.82-7.61243.034.24
Total Operating Expenses
-25.98-111.75-41.48294.5447.48
Operating Income
-149.6-28.01-50-284.0263.64
Interest Income
6.296.041.42--
Interest Expense
-8.62-0.75-2.87--
Other Non-Operating Income (Expense)
-56.4815.71-1.4890.97-21
Total Non-Operating Income (Expense)
-58.8121-2.9390.97-21
Pretax Income
-208.41-7.01-40.09-193.0642.64
Provision for Income Taxes
-0.1-0.350.15-17.4120.51
Net Income
-284.54-28.37-55.51-175.6422.13
Earnings From Discontinued Operations
-76.03-21.01-15.58--
Net Income to Common
-284.54-28.37-55.51-175.6422.13
Shares Outstanding (Basic)
552405262208158
Shares Outstanding (Diluted)
552405262208170
Shares Change (YoY)
36.14%54.52%26.21%22.06%98.56%
EPS (Basic)
-0.52-0.07-0.21-0.850.14
EPS (Diluted)
-0.52-0.07-0.21-0.850.13
Shares Outstanding
601.58479.33334.15224.2194.81
Free Cash Flow
-332.52-428.63-157.72-275.56-151.48
Free Cash Flow Per Share
-0.60--0.60-1.33-
Gross Margin
-8.25%-11.94%-19.72%7.13%65.56%
Operating Margin
-65.25%-21.02%-41.53%-192.65%37.55%
Profit Margin
-90.94%-5.52%-33.17%-119.14%13.06%
FCF Margin
-145.03%-321.61%-130.99%-186.91%-89.37%
EBITDA
-26.97107.4134.33-211.688.12
EBITDA Margin
-11.76%80.59%28.51%-143.53%51.99%
EBIT
-149.6-28.01-50-284.0263.64
EBIT Margin
-65.25%-21.02%-41.53%-192.65%37.55%
Effective Tax Rate
0.05%4.93%-0.38%9.02%48.10%
Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.