Bitfarms Ltd（BITF）の財務BITFBitfarms Ltd

Bitfarms Ltd (BITF) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Backbone, accounting for 97.1% of total sales, equivalent to $43.46M. Another important revenue stream is Volta. Understanding this composition is critical for investors evaluating how BITF navigates market cycles within the Blockchain & Cryptocurrency industry.

Evaluating the bottom line, Bitfarms Ltd maintains a gross margin of 420.06%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 271.10%, while the net margin is N/A. These profitability ratios, combined with a Return on Equity (ROE) of N/A, provide a clear picture of how effectively BITF converts its operational activities into shareholder value.

In the context of the broader market, BITF competes directly with industry leaders such as GLIBA and INOD. With a market capitalization of N/A, it holds a significant position in the sector. When comparing efficiency, BITF's gross margin of 420.06% stands against GLIBA's 26.05% and INOD's 46.06%. Such benchmarking helps identify whether Bitfarms Ltd is trading at a premium or discount relative to its financial performance.

In Q4 2025, revenue dropped by 10.57% YoY to $50.23M, and net income fell to $0, a 100% decline YoY. EPS also dropped to $0. Gross margin increased significantly, but this does not offset the overall weak financial performance.