BTCSNasdaqFinance ServicesFiscal year ends December 31
BTCS Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 19, 2026
$1.09−0.04 (-3.54%)
Close on Oct 19, 2026
- Market cap
- $54.26M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
12.2%
Operating margin
–
Net margin
-202.2%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +304.8% | +113.6% | – | +41.7% | |
| Gross profit | +112.5% | +16.7% | – | +25.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 184.3% | -594.8% | -38.5% | |
| Return on assets | -2657.8% | -259.1% | -26.4% | |
| Current ratio | 0.00 | 3.05 | 3.38 | |
| Capex to revenue | 4.1% | – | 0.1% | |
| Diluted shares | 0M | 3M | 33M |
Where the cash went
Fiscal 2021 to 2025, five years combined
BTCS generated $22.51M from operations and spent $7.35M on capital expenditure, dividends and share buybacks. 0% of that went back into the business.
Generated
$22.51M
Used
$7.35M
Capital expenditure$36.58K0%Dividends$3.31M45%Share buybacks$4.00M54%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-202.2%
×Asset turnover0.13×
×Equity multiplier1.46×
=Return on equity, FY2025-38.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -202.2% | 0.13× | 1.46× | -38.5% |
| FY2024 | -31.2% | 0.12× | 1.09× | -4.2% |
| FY2023 | 583.6% | 0.07× | 0.92× | 38.6% |
| FY2022 | -939.0% | 0.14× | 0.91× | -120.3% |
| FY2021 | -1322.8% | 0.16× | 1.19× | -244.2% |
| FY2017 | -1014834.1% | 0.01× | -0.02× | 203.3% |
| FY2016 | -12461.6% | 0.21× | -0.07× | 184.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$33.35M
- Cash generatingOperating cash flow above zero-$9.78M
- Return on assets improvedROA up on the prior year-4.7% → -87.2%
- Earnings backed by cashOperating cash flow above net income-$9.78M vs -$33.35M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose8.98 → 3.38
- No dilutionShare count did not rise16M → 33M
- Gross margin improvedGross margin up on the prior year23.22% → 12.19%
- More efficientAsset turnover rose0.15 → 0.43