Bitgo Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '20 Dec 31, 2020
Operating Revenue	16,152	3,081	926.29	2,511	35.62
Other Revenue	-	-	-	-	1.16
Revenue	16,152	3,081	926.29	2,511	36.78
Revenue Growth (YoY)	424.25%	232.62%	-63.12%	6728.63%	-
Cost of Revenue	15,953	2,950	863.49	2,442	26.49
Gross Profit	199.11	130.62	62.79	69.26	10.29
Selling, General & Admin	180.16	132.76	96.89	134.41	11.59
Other Operating Expenses	-	-	-	-	9.23
Operating Expenses	184.19	135.97	98.03	137.43	20.82
Operating Income	14.92	-5.35	-35.23	-68.18	-10.53
Interest Expense	-10.85	-1.63	-1.36	-6.1	-
Other Non Operating Income (Expenses)	-38.71	112	35.13	7,596	-2,054
EBT Excluding Unusual Items	-34.63	105.02	-1.46	7,522	-2,064
Impairment of Goodwill	-	-36.5	-	-	-
Gain (Loss) on Sale of Assets	11.11	117.43	0.19	1,906	24.68
Asset Writedown	-	-	-	-4,821	-93.16
Pretax Income	-23.52	185.95	-1.28	4,606	-2,133
Income Tax Expense	-8.74	29.39	0.84	0.71	-0.72
Net Income	-14.78	156.55	-2.12	4,605	-2,132
Preferred Dividends & Other Adjustments	-	102.43	-	2,728	-
Net Income to Common	-14.78	54.12	-2.12	1,877	-2,132
Shares Outstanding (Basic)	39	39	38	36	30
Shares Outstanding (Diluted)	39	52	38	39	30
Shares Change (YoY)	-25.77%	37.37%	-3.85%	31.97%	-
EPS (Basic)	-0.38	1.38	-0.06	51.59	-71.38
EPS (Diluted)	-0.38	0.90	-0.06	39.54	-71.38
Free Cash Flow	17.5	8.6	-51.41	-26.08	-16.48
Free Cash Flow Per Share	0.45	0.17	-1.36	-0.66	-0.55
Gross Margin	1.23%	4.24%	6.78%	2.76%	27.97%
Operating Margin	0.09%	-0.17%	-3.80%	-2.71%	-28.64%
Profit Margin	-0.09%	1.76%	-0.23%	74.74%	-5796.83%
Free Cash Flow Margin	0.11%	0.28%	-5.55%	-1.04%	-44.80%
EBITDA	18.95	-2.14	-34.09	-65.15	-9.11
EBITDA Margin	0.12%	-0.07%	-3.68%	-2.59%	-24.77%
D&A For EBITDA	4.03	3.22	1.14	3.02	1.42
EBIT	14.92	-5.35	-35.23	-68.18	-10.53
EBIT Margin	0.09%	-0.17%	-3.80%	-2.71%	-28.64%
Effective Tax Rate	-	15.81%	-	0.01%	-
Revenue as Reported	-	-	-	-	36.78

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q