Bgin Blockchain Limited Class A (BGIN) Income Statement
BGIN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBGIN revenue and net income
Where BGIN's revenue goes
2025Each bar shows an amount and its share of revenue. BGIN kept −262.4% of revenue as net income.
BGIN profit margins
BGIN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −77.7% | +64.8% | — | — |
| Gross profit | −159.2% | — | — | — |
| Operating income | −234.8% | — | — | — |
| Net income | −368.2% | — | — | — |
| EPS (diluted) | −292.6% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BGIN quarterly EPS vs estimates
Bgin Blockchain beat the analyst EPS estimate in 0 of the last 1 quarters.
BGIN income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $67.4M | $302.3M | $257.3M | $15.1M | $21.5M |
| Cost of revenue | $143.0M | $174.6M | $58.1M | $6.1M | $6.7M |
| Gross profit | −$75.6M | $127.7M | $199.2M | $8.9M | $14.9M |
| Research & development | $20.2M | $16.4M | $10.1M | $7.2M | $195,257 |
| Sales, general & admin | $12.5M | $7.8M | $15.4M | $1.9M | $3.5M |
| Total operating expenses | $34.5M | $46.1M | $25.5M | $9.5M | $5.3M |
| Operating income | −$110.0M | $81.6M | $173.7M | −$572,853 | $9.5M |
| Interest income | $942,892 | $1.2M | $63,112 | — | — |
| Interest expense | — | — | $2.2M | $182,061 | $364,250 |
| Income before taxes | −$174.6M | $80.8M | $173.6M | −$273,851 | $9.2M |
| Income taxes | $2.3M | $14.6M | $33.8M | −$45,034 | $1.5M |
| Net income | −$176.9M | $65.9M | $139.7M | −$220,385 | $7.7M |
| EBITDA | −$89.0M | $113.1M | $176.3M | $1.6M | $12.2M |
| EPS (diluted) | −$1.56 | $0.81 | $1.29 | — | — |
| Gross margin | −112.2% | 42.2% | 77.4% | 59.3% | 69.1% |
| Operating margin | −163.3% | 27.0% | 67.5% | −3.8% | 44.2% |
| Net margin | −262.4% | 21.8% | 54.3% | −1.5% | 35.8% |
| Jun '26 | Mar '26 | Sep '25 | |
|---|---|---|---|
| Revenue | $3.7M | $3.7M | $9.9M |
| Cost of revenue | $8.6M | $8.6M | $44.5M |
| Gross profit | −$4.9M | −$4.9M | −$34.6M |
| Research & development | $1.8M | $1.8M | $6.3M |
| Sales, general & admin | $2.3M | $2.3M | $246,816 |
| Total operating expenses | $8.1M | $8.1M | $22.7M |
| Operating income | −$13.0M | −$13.0M | −$57.4M |
| Income before taxes | −$12.9M | −$12.9M | −$57.2M |
| Income taxes | — | $2.2M | $1.1M |
| Net income | −$12.8M | −$12.8M | −$58.2M |
| EBITDA | −$9.0M | −$9.0M | −$41.3M |
| EPS (diluted) | — | — | −$0.56 |
| Gross margin | −133.9% | −133.9% | −351.1% |
| Operating margin | −353.4% | −353.4% | −581.4% |
| Net margin | −347.4% | −347.4% | −590.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BGIN's financial statements (latest annual report filed April 28, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BGIN financial results
In fiscal year 2025 (ended December 31, 2025), Bgin Blockchain reported revenue of $67.4 million, down 77.7% from the year before. It had a net loss of $176.9 million, a net profit margin of −262.4%. Diluted earnings per share came to −$1.56.
See the BGIN stock overview for the latest quote and news, or the BGIN chart for price history and technical indicators.
BGIN income statement FAQ
What is Bgin Blockchain's annual revenue?
Bgin Blockchain reported total revenue of $67.4 million for fiscal year 2025, which ended on December 31, 2025. That was down 77.7% from $302.3 million the previous year.
Is Bgin Blockchain profitable?
No. Bgin Blockchain reported a net loss of $176.9 million in fiscal 2025, a net profit margin of −262.4%; its operating margin was −163.3%.
What is Bgin Blockchain's gross margin?
Bgin Blockchain's gross margin was −112.2% in fiscal 2025: for every $100 of revenue, Bgin Blockchain kept $-112 after the direct cost of its products and services.
How much does Bgin Blockchain spend on research and development?
Bgin Blockchain spent $20.2 million on research and development in fiscal 2025, 30.0% of revenue.
What are Bgin Blockchain's earnings per share?
Bgin Blockchain earned $-1.56 per diluted share in fiscal 2025, compared with $0.81 a year earlier.
When does Bgin Blockchain's fiscal year end?
Bgin Blockchain's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 28, 2026.