BitGo Holdings, Inc. (BTGO) income statement
NYSE · Financial Services · Financial - Capital Markets · 603 employees · CEO Michael A. Belshe
- Price
- $5.31 -8.29%
- Market cap
- $577M
- Enterprise value
- -$3.77B
- Last report
- Q2 '26 filed 2026-08-12
- Next report
- 2026-11-09
BitGo Holdings, Inc. (BTGO) reported revenue of $4.33B for Q2 '26 (+106.9% year on year), operating income of -$29.1M (-0.7% of revenue) and net income of -$19M. Over the last four quarters revenue was $20.1B.
Income statement
| Income statement | Trend | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $818M | $1.14B | $2.09B | $2.09B | $5.81B | $6.16B | $3.77B | $4.33B | |
| Cost of revenue | $806M | $1.12B | $2.05B | $2.05B | $5.76B | $6.1B | $3.73B | $4.29B | |
| Gross profit | $11.8M | $20.2M | $42.1M | $42.1M | $50.2M | $57.1M | $45.5M | $38.2M | |
| Sales & marketing | $0 | $0 | $23.9M | $23.9M | $0 | $0 | $0 | $0 | |
| General & administrative | $11.7M | $18.6M | $16.5M | $16.5M | $19M | $24M | $20.3M | $21.1M | |
| Other operating expenses | $2.11M | $1.2M | $2.34M | $2.34M | $27.4M | $26.4M | $92.8M | $46.2M | |
| Operating expenses | $13.9M | $19.8M | $42.8M | $42.8M | $46.3M | $50.4M | $113M | $67.3M | |
| Operating income | -$2.05M | $394K | -$655K | -$655K | $3.88M | $6.68M | -$67.6M | -$29.1M | |
| Interest income | $0 | $0 | $0 | $0 | $0 | $0 | $932K | $822K | |
| Interest expense | $522K | $405K | $1.47M | $1.47M | $2.74M | $5.17M | $6.02M | $5.85M | |
| Other non-operating income (gains on investments, FX ...) | $390K | -$154M | -$1.47M | -$1.47M | -$27.7M | $74.3M | -$1.99M | -$4.25M | |
| Total non-operating income | -$912K | $154M | $10.9M | $10.9M | $24.9M | -$79.5M | -$4.03M | -$1.59M | |
| Income before tax | -$2.96M | $154M | $10.2M | $10.2M | $28.8M | -$72.8M | -$71.6M | -$30.7M | |
| Income tax | $788K | $24.9M | $3.94M | $3.94M | $6.15M | -$22.8M | -$11M | -$11.7M | |
| Net income | -$3.28M | $49M | $6.29M | $6.29M | $6.84M | -$50M | -$60.7M | -$19M | |
| EPS (basic) | -$0.06 | $0.88 | $0.01 | $0.01 | $0.06 | -$0.20 | -$0.62 | -$0.16 | |
| EPS (diluted) | -$0.06 | $0.88 | $0.01 | $0.01 | $0.06 | -$0.20 | -$0.62 | -$0.16 | |
| Shares (basic, weighted) | 55.9M | 55.9M | 55.9M | 55.9M | 116M | 115M | 98.4M | 107M | |
| Shares (diluted, weighted) | 55.9M | 55.9M | 55.9M | 55.9M | 116M | 115M | 98.4M | 107M | |
| Depreciation & amortization | $1.59M | $793K | $866K | $875K | $1.01M | $1.28M | $1.73M | $2.12M | |
| EBITDA | -$851K | $155M | $1.68M | $1.69M | $32.6M | -$66.3M | -$63.9M | -$22.7M |
| Income statement | Trend | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | $926M | $3.08B | $16.2B | |
| Cost of revenue | $863M | $2.95B | $16B | |
| Gross profit | $62.8M | $131M | $191M | |
| Sales & marketing | $63M | $79.9M | $0 | |
| General & administrative | $33.9M | $52.8M | $76M | |
| Other operating expenses | $2.5M | $4.85M | $129M | |
| Operating expenses | $99.4M | $138M | $205M | |
| Operating income | -$36.6M | $107M | -$14M | |
| Interest income | $0 | $932K | $1.52M | |
| Interest expense | $1.36M | $1.63M | $10.8M | |
| Other non-operating income (gains on investments, FX ...) | -$1.36M | -$80.9M | -$1.3M | |
| Total non-operating income | $35.3M | $79.3M | -$9.55M | |
| Income before tax | -$1.28M | $186M | -$23.5M | |
| Income tax | $843K | $29.4M | -$8.74M | |
| Net income | -$2.12M | $157M | -$14.8M | |
| EPS (basic) | -$0.06 | $0.47 | -$0.13 | |
| EPS (diluted) | -$0.06 | $0.47 | -$0.13 | |
| Shares (basic, weighted) | 37.9M | 116M | 115M | |
| Shares (diluted, weighted) | 37.9M | 116M | 115M | |
| Depreciation & amortization | $1.14M | $3.22M | $4.03M | |
| EBITDA | -$34.1M | $191M | -$8.65M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31
Some figures could not be updated in the last refresh; they show older data or none.
Data as of 2026-11-02