BTDR Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	739.06	620.25	349.78	368.55	333.34	394.66
Revenue Growth (YoY)	146.02%	77.33%	-5.09%	10.56%	-15.54%	111.74%
Cost of Revenue	713.88	559.26	283.38	290.75	250.09	153.26
Gross Profit	25.18	60.99	66.4	77.81	83.25	241.41
Selling, General & Admin	101.79	91.08	72.36	74.7	105.14	98.18
Research & Development	115.06	153.88	76.95	29.53	35.43	29.5
Other Operating Expenses	170.78	-343.69	506.75	25.82	3.27	-17.11
Total Operating Expenses	387.63	-98.73	656.06	130.06	143.84	110.58
Operating Income	-362.45	159.72	-589.66	-52.25	-60.59	130.83
Interest Income	-13.69	-88.89	-11.94	1.28	-4.18	0.06
Interest Expense	-65.85	-	-	-	-	-
Other Non-Operating Income (Expense)	-57.01	-	-	-	-	-
Total Non-Operating Income (Expense)	-136.56	-88.89	-11.94	1.28	-4.18	0.06
Pretax Income	-499.01	70.83	-601.59	-50.97	-64.77	130.89
Provision for Income Taxes	4.4	5.23	-2.44	5.69	-4.4	48.25
Net Income	-503.4	65.6	-599.15	-56.66	-60.37	82.64
Net Income to Common	-503.4	65.6	-599.15	-56.66	-60.37	82.64
Shares Outstanding (Basic)	215	205	137	110	109	109
Shares Outstanding (Diluted)	226	234	137	110	109	111
Shares Change (YoY)	41.45%	70.51%	24.37%	1.67%	-2.30%	-99.12%
EPS (Basic)	-2.41	0.32	-4.36	-0.51	-0.56	0.76
EPS (Diluted)	-3.45	-1.43	-4.36	-0.51	-0.56	0.75
Shares Outstanding	235.55	235.55	192.32	111.97	12,662	12,662
Free Cash Flow	-2,117	-2,028	-749.29	-398.13	-331.24	-141.96
Free Cash Flow Per Share	-9.37	-8.66	-5.45	-3.60	-3.05	-1.28
Gross Margin	3.41%	9.83%	18.98%	21.11%	24.98%	61.17%
Operating Margin	-49.04%	25.75%	-168.58%	-14.18%	-18.18%	33.15%
Profit Margin	-68.11%	10.58%	-171.29%	-15.37%	-18.11%	20.94%
FCF Margin	-286.49%	-327.00%	-214.22%	-108.03%	-99.37%	-35.97%
EBITDA	-362.45	327.84	-508.56	23.29	5.84	193.89
EBITDA Margin	-49.04%	52.86%	-145.39%	6.32%	1.75%	49.13%
EBIT	-362.45	159.72	-589.66	-52.25	-60.59	130.83
EBIT Margin	-49.04%	25.75%	-168.58%	-14.18%	-18.18%	33.15%
Effective Tax Rate	-0.88%	7.39%	0.41%	-11.15%	6.79%	36.86%

Updated May 14, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q