Bit Digital Cost of Revenue | BTBT

Cost of Revenue is a financial metric that reflects all direct costs associated with the production of goods or the provision of services that directly led to revenue during the reporting period. It is the total amount of expenses incurred by the company to deliver its products or services, including both production costs and related expenses necessary for delivery or customer support.

What is included in the cost of revenue

Cost Category	Examples
Production Costs	Materials, wages of production staff, depreciation of equipment
Service and Support	Customer service, user support, technical assistance
Delivery and Logistics	Packaging, delivery of goods to customers
Hosting and Infrastructure	Servers, cloud platforms (especially for IT and SaaS companies)
Content and Licenses	License purchases, production royalties (e.g., in streaming services)

Importance of the Metric

Helps to understand how costly the revenue-generating process is.
A high cost of revenue may indicate:
Poor cost control
Low operational efficiency
A low cost of revenue combined with high revenue indicates high profitability and business competitiveness.

Annual Cost of Revenue Bit Digital

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
-	-	29.6 M	20.4 M	30.7 M	14.1 M	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
30.7 M	14.1 M	23.7 M

Quarterly Cost of Revenue Bit Digital

2026-Q1	2025-Q3	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
-	-	-	-	-	-	-	-	29.6 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
29.6 M	29.6 M	29.6 M

Cost of Revenue of other stocks in the Software industry

Issuer	Cost of Revenue	Price	% 24h	Market Cap	Country
Verb Technology Company VERB	3.89 M	-	2.76 %	$ 98.6 M	USA
Mogo MOGO	24.5 M	-	-	$ 111 M	Canada
Bumble BMBL	282 M	$ 2.83	0.53 %	$ 312 M	USA
Powerbridge Technologies Co., Ltd. PBTS	6.99 M	-	2.4 %	$ 115 M	China
Ceridian HCM Holding CDAY	948 M	-	-	$ 10.6 B	USA
China Index Holdings Limited CIH	110 M	-	-	$ 85.7 M	China
Sapiens International Corporation N.V. SPNS	304 M	-	-	$ 2.43 B	Curacao
AppFolio APPF	345 M	$ 223.8	0.3 %	$ 8.06 B	USA
E2open Parent Holdings ETWO	308 M	-	-	$ 1.02 B	USA
Akamai Technologies AKAM	1.73 B	$ 104.93	0.2 %	$ 15.3 B	USA
Bandwidth BAND	459 M	$ 47.09	0.23 %	$ 1.41 B	USA
Fastly FSLY	268 M	-	-	$ 1.27 B	USA
Box BOX	245 M	$ 35.66	3.09 %	$ 5.14 B	USA
Absolute Software Corporation ABST	36.8 M	-	-	$ 811 M	Canada
Bentley Systems, Incorporated BSY	278 M	$ 35.61	1.4 %	$ 11.2 B	USA
Endava plc DAVA	579 M	$ 3.13	2.12 %	$ 183 M	-
American Software AMSWA	36.1 M	-	-2.14 %	$ 369 M	USA
Borqs Technologies BRQS	13.1 M	-	-23.51 %	$ 9.87 M	China
CyberArk Software Ltd. CYBR	208 M	-	-	$ 18.1 B	Israel
Cheetah Mobile CMCM	316 M	$ 3.35	3.4 %	$ 5.14 B	-
Amdocs Limited DOX	3.25 B	$ 63.32	1.38 %	$ 7.31 B	Guernsey
Altair Engineering ALTR	125 M	-	-	$ 9.4 B	USA
Square SQ	13.8 B	-	0.67 %	$ 52.9 B	USA
Appian Corporation APPN	200 M	$ 40.68	1.98 %	$ 3.01 B	USA
ANSYS ANSS	280 M	-	-	$ 32.7 B	USA
Avalara AVLR	206 M	-	-	$ 8.28 B	USA
Avaya Holdings Corp. AVYA	1.32 B	-	-	$ 3.47 M	USA
Alteryx AYX	131 M	-	-	$ 3.42 B	USA
Aspen Technology AZPN	383 M	-	-	$ 16.8 B	USA
salesforce.com CRM	9.27 B	$ 264.78	3.06 %	$ 252 B	USA
Brightcove BCOV	77.4 M	-	-	$ 192 K	USA
Benefitfocus BNFT	123 M	-	-	$ 362 M	USA