Last quarter (Q4 2023), Bitfarms's total revenue was $46.24M, a decrease of -3122.29% from the same quarter last year. In Q4, Bitfarms's net income was $-57.96M. See Bitfarms’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 146.37M	$ 146.37M	$ 142.43M	$ 169.20M	$ 34.79M	$ 32.42M
Cost of Revenue	$ 167.87M	$ 167.87M	$ 131.91M	$ 88.70M	$ 36.69M	$ 26.98M
Gross Profit	$ -21.50M	$ -21.50M	$ 10.52M	$ 80.50M	$ -1.90M	$ 5.44M
Operating Expense	$ 41.07M	$ 41.07M	$ 51.68M	$ 17.77M	$ 3.39M	$ 3.98M
Operating Income	$ -62.57M	$ -62.57M	$ -41.16M	$ 62.73M	$ -5.29M	$ 1.46M
Net Non Operating Interest Income Expense	$ -24.47M	$ -24.47M	$ -14.22M	$ 23.86M	$ -10.12M	$ -1.84M
Other Income Expense	$ -2.69M	$ -2.69M	$ 107.97M	$ 3.77M	$ -707.00K	$ -97.00K
Pretax Income	$ -104.44M	$ -104.44M	$ -256.46M	$ 42.64M	$ -16.12M	$ -484.00K
Tax Provision	$ -401.00K	$ -401.00K	$ -17.41M	$ 20.51M	$ 172.00K	$ -2.59M
Earnings From Equity Interest Net Of Tax	-	-	-	-	-	-
Net Income Common Stockholders	$ -94.54M	$ -104.04M	$ -239.05M	$ 22.13M	$ -16.29M	$ 2.90M
Basic EPS	$ -0.38	$ -0.40	$ -1.15	$ 0.14	$ -0.19	$ 0.04
Diluted EPS	$ -0.38	$ -0.40	$ -1.15	$ 0.13	$ -0.19	$ 0.04
Basic Average Shares	$ 1.05B	$ 262.24M	$ 207.78M	$ 157.65M	$ 84.92M	$ 67.04M
Diluted Average Shares	$ 1.05B	$ 262.24M	$ 207.78M	$ 169.39M	$ 84.92M	$ 71.06M
Dividend Per Share	-	-	-	-	-	-
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 208.94M	$ 208.94M	$ 183.59M	$ -106.47M	$ 40.08M	$ 30.97M
Net Income From Continuing And Discontinued Operation	$ -94.54M	$ -104.04M	$ -239.05M	$ 22.13M	$ -16.29M	$ 2.90M
Normalized Income	$ -88.14M	$ -92.59M	$ -179.48M	$ 30.43M	$ -15.77M	$ 2.97M
Interest Expense	-	-	-	-	$ 6.10M	$ 3.27M
EBIT	$ -103.54M	$ -103.54M	$ -242.24M	$ 46.06M	$ -10.01M	$ 2.78M
EBITDA	$ -18.76M	$ -18.76M	$ -169.82M	$ 70.53M	$ 1.47M	$ 9.63M

Currency in USD

Bitfarms Earnings and Revenue History

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