Bitfarms (BITF) Revenue & Revenue Breakdown
Bitfarms Revenue Highlights
Latest Revenue (Y)
$229.28M
Latest Revenue (Q)
$36.99M
Main Segment (Y)
Energy Service
Main Geography (Y)
PARAGUAY
Bitfarms Revenue by Period
Bitfarms Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2025-12-31 | $229.28M | 18.87% |
| 2024-12-31 | $192.88M | 31.78% |
| 2023-12-31 | $146.37M | 2.76% |
| 2022-12-31 | $142.43M | -15.97% |
| 2021-12-31 | $169.49M | 388.40% |
| 2020-12-31 | $34.70M | 7.04% |
| 2019-12-31 | $32.42M | -4.09% |
| 2018-12-31 | $33.80M | 276.68% |
| 2017-12-31 | $8.97M | - |
Bitfarms generated $229.28M in revenue during NA 2025, up 18.87% compared to the previous quarter, and up 660.68% compared to the same period a year ago.
Bitfarms Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2026-03-31 | $36.99M | 140.47% |
| 2025-12-31 | $15.38M | -77.78% |
| 2025-09-30 | $69.25M | -11.00% |
| 2025-06-30 | $77.80M | 16.38% |
| 2025-03-31 | $66.85M | 19.02% |
| 2024-12-31 | $56.16M | 25.22% |
| 2024-09-30 | $44.85M | 7.95% |
| 2024-06-30 | $41.55M | -17.43% |
| 2024-03-31 | $50.32M | 8.81% |
| 2023-12-31 | $46.24M | 33.66% |
| 2023-09-30 | $34.60M | -2.49% |
| 2023-06-30 | $35.48M | 18.07% |
| 2023-03-31 | $30.05M | 11.14% |
| 2022-12-31 | $27.04M | -18.68% |
| 2022-09-30 | $33.25M | -20.49% |
| 2022-06-30 | $41.81M | 3.68% |
| 2022-03-31 | $40.33M | -32.33% |
| 2021-12-31 | $59.60M | 33.11% |
| 2021-09-30 | $44.77M | 22.04% |
| 2021-06-30 | $36.69M | 29.13% |
| 2021-03-31 | $28.41M | 151.39% |
| 2020-12-31 | $11.30M | 66.31% |
| 2020-09-30 | $6.79M | -8.11% |
| 2020-06-30 | $7.39M | -19.72% |
| 2020-03-31 | $9.21M | -12.56% |
| 2019-12-31 | $10.54M | 8.17% |
| 2019-09-30 | $9.74M | 14.35% |
| 2019-06-30 | $8.52M | 134.69% |
| 2019-03-31 | $3.63M | -22.02% |
| 2018-12-31 | $4.65M | -32.22% |
| 2018-09-30 | $6.87M | 4.16% |
| 2018-06-30 | $6.59M | -22.00% |
| 2018-03-31 | $8.45M | 100.00% |
| 2017-12-31 | - | 100.00% |
| 2017-09-30 | - | 100.00% |
| 2017-06-30 | - | 100.00% |
| 2017-03-31 | - | - |
Bitfarms generated $36.99M in revenue during Q1 2026, up 140.47% compared to the previous quarter, and up 65.87% compared to the same period a year ago.
Bitfarms Revenue Breakdown
Bitfarms Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 25 |
|---|---|
| Energy Service | $80.28M |
Bitfarms's latest annual revenue breakdown by segment (product or service), as of Dec 25: Energy Service (100.00%).
Quarterly Revenue by Product
| Product/Service | Mar 26 |
|---|---|
| Energy Service | $21.11M |
Bitfarms's latest quarterly revenue breakdown by segment (product or service), as of Mar 26: Energy Service (100.00%).
Bitfarms Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 25 | Dec 24 | Dec 22 | Dec 21 |
|---|---|---|---|---|
| ARGENTINA | $10.61M | $33.65M | $1.46M | - |
| PARAGUAY | $48.10M | $25.96M | $3.77M | - |
| South America | - | $59.61M | - | - |
| CANADA | - | $116.85M | $112.11M | $153.26M |
| North America | - | $133.27M | - | - |
| UNITED STATES | - | $16.43M | $25.09M | $16.23M |
Bitfarms's latest annual revenue breakdown by geography, as of Dec 25: PARAGUAY (81.93%), and ARGENTINA (18.07%).
Quarterly Revenue by Country
| Country | Mar 26 |
|---|---|
| CANADA | $17.62M |
| UNITED STATES | $19.38M |
Bitfarms's latest quarterly revenue breakdown by geography, as of Mar 26: UNITED STATES (52.38%), and CANADA (47.62%).
Bitfarms Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| SF | Stifel Financial | $6.30B | $1.67B |
| SPNT | SiriusPoint | $3.21B | $71.20M |
| MRX | Marex Group plc Ordinary Shares | $2.35B | $675.10M |
| FFBC | First Financial Ban | $1.26B | $364.32M |
| TRMK | Trustmark | $1.12B | $383.28M |
| SEZL | Sezzle | $450.28M | $135.54M |
| FIGR | Figure Technology Solutions, Inc. Class A | $279.31M | $95.08M |
| BITF | Bitfarms | $229.28M | $36.99M |
| ECC | Eagle Point Credit | $122.69M | $41.94M |
| WAL | Western Alliance Ban | - | $1.30B |