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Bitfarms Ltd. KEEL · USD

Financials · US listing · 🇺🇸 United States

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1.87

+13.33%

Close of 6 Nov 2026, in USD

At a glance

Figures in USD, from our data supplier.

FY2025

Net income

−$284.5m

FY2017FY2025

Total assets

$1.30bn

FY2017FY2025

Shareholders' equity

$560.4m

FY2017FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Operating income−$199.5m−$107.6m−$72.1m−$284.0m$63.6m−$6.7m$1.4m−$18.0m$7.4m
Net income−$284.5m−$54.1m−$108.9m−$175.6m$22.1m−$16.3m$2.9m−$9.4m$5.1m
Diluted earnings per share-0.52-0.11-0.33-0.780.11-0.190.04-0.160.09

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets$1.30bn$667.6m$378.7m$343.1m$542.6m$51.7m$52.9m$26.2m$34.5m
Cash and short-term investments$573.5m$146.8m$84.0m$35.4m$191.6m$5.9m$2.2m$552,000$4.5m
Total liabilities$736.0m$59.6m$84.0m$87.7m$183.6m$36.3m$24.8m$5.6m$6.6m
Debt$671.2m$3.7m$6.9m$50.8m$74.6m$20.8m$1.6m$1.0m—
Shareholders' equity$560.4m$608.0m$294.8m$255.4m$359.0m$15.4m$28.1m$15.4m$27.9m
Shares outstanding552m479m334m224m194m85m71m57m57m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Operating income−$140.8m−$53.1m−$37.9m−$46.7m−$39.6m−$32.4m$8.0m−$43.9m
Net income−$65.0m−$145.4m−$139.1m−$80.8m−$28.8m−$35.9m$15.2m−$36.6m
Diluted earnings per share-0.11-0.24-0.25-0.15-0.05-0.070.03-0.08
Total assets$1.42bn$1.07bn$1.30bn$801.3m$828.0m$777.0m$663.1m$586.6m
Cash and short-term investments$715.5m$357.3m$573.5m$258.2m$144.5m$132.7m—$145.5m
Debt$8.4m$579.2m$671.2m$54.9m$55.0m$5.8m$1.4m$2.5m
Shareholders' equity$328.7m$419.1m$560.4m$611.4m$662.5m$664.7m$611.1m$512.0m

Financial ratios

Data as of 22 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin-42.4%-34.5%-69.8%-125.6%27.2%-28.9%
Net margin-124.1%-28.0%-74.4%-123.3%13.1%-46.9%
Return on equity-50.8%-8.9%-37.0%-68.8%6.2%-105.5%
Return on assets-21.9%-8.1%-28.8%-51.2%4.1%-31.5%
Revenue growth18.9%31.8%2.8%-16.0%388.4%7.0%
Earnings growth426.3%-50.4%-38.0%-893.7%-235.9%-661.9%
Current ratio5.58x5.89x1.88x1.02x1.74x0.32x
Debt to equity1.20x0.01x0.02x0.20x0.21x1.35x
Equity ratio43.2%91.1%77.8%74.4%66.2%29.9%
Interest coverage-11.28x-38.33x-25.05x-12.58x13.47x-1.64x
Buybacks as a share of market value-15.1%-43.4%-49.0%-15.8%-127.9%-19.5%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue17.2%45.9%—
Operating income-11.1%97.0%—
Net income17.4%77.2%—

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Price to earnings-4.6-13.2-8.9-0.644.2-9.99.4
Price to sales5.73.76.60.75.84.70.8

Market value over time

30 Aug 2019 to 21 Oct 2026, in USD

$60.5m$1.45bn

Share price return

Finished calendar years

2025202420232022202120202019
Return25%-35%504%-90%232%220%-27%

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.