SequelSEC

BTCS Inc. BTCS

Finance Services · CIK 0001436229 · Fiscal year ends 1231 · Bank

Revenue
$16.49M
Fiscal year ended 2025-12-31
Net income
-$33.35M
Fiscal year ended 2025-12-31
Total assets
$214.63M
Fiscal year ended 2025-12-31

BTCS Inc. (BTCS) reported revenue of $16.49M and net income of -$33.35M for the fiscal year ended 2025-12-31. This page shows 9 annual periods of income statement, balance sheet and cash flow figures normalized from BTCS Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Finance Services.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

BTCS Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312017-12-312016-12-312015-12-312014-12-31
Revenue$16.49M$4.07M$1.34M$1.69M$1.21M$4.48K$355.21K$506.19K$38.21K
Cost of revenue$14.48M$3.13M$359.78K$426.44K$268.35K$160$263.87KUnavailable$6.75K
Gross profit$2.01M$946.01K$979.85K$1.27M$944.94K$4.32K$91.34K$216.09K$31.47K
Operating incomeUnavailableUnavailableUnavailableUnavailableUnavailable-$1.57M-$1.46M-$8.20M-$14.56M
Net income-$33.35M-$1.27M$7.82M-$15.89M-$16.05M-$45.46M-$44.27M-$10.05M-$14.76M
Research & development$679.43K$755.81K$687.29K$611.76K$712.74KUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 33.19Mshares 16.26Mshares 17.55Mshares 12.73MUnavailableUnavailableUnavailableUnavailableUnavailable
Pretax incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Income tax expense$0$0$0$0$0UnavailableUnavailableUnavailableUnavailable
Diluted EPS$-1.00$-0.08$0.45$-1.25UnavailableUnavailableUnavailableUnavailableUnavailable
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$1.32M$8.11M$14.32M
General & administrative$1.56M$1.03M$1.45M$1.92M$1.59M$1.56M$1.31M$8.10M$14.22M
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailable$9.24K$10.69K$14.83K$94.82K

Balance

BTCS Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312017-12-312016-12-312015-12-312014-12-31
Cash & equivalents$1.53M$1.98M$1.46M$2.15M$1.40M$303.33K$95.07K$124.54K$5.40K
Total assets$214.63M$38.25M$27.15M$9.92M$14.10M$589.42K$98.07K$3.23M$273.80K
Current assets$214.02M$38.14M$27.04M$4.10M$5.47M$588.19K$95.27K$150.47K$68.10K
Total liabilities$75.22M$4.25MUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Current liabilities$63.37M$4.25M$980.90K$586.41K$2.00M$76.00K$45.35M$6.02M$266.12K
Total equity incl. NCI$139.42M$34.00M$26.17M$14.32M$12.10M$513.43K-$45.25M-$2.79M$7.68K
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payableUnavailableUnavailableUnavailable$76.73K$51.19KUnavailableUnavailableUnavailableUnavailable

Cash flow

BTCS Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312017-12-312016-12-312015-12-312014-12-31
Operating cash flow-$9.78M-$3.53M-$3.56M-$776.78K-$4.86M-$1.49M-$828.46K-$796.53K-$1.06M
Capital expenditures$12.76K$2.65K$5.28K$5.41K$10.49K$1.48K$14.58K$553.07K$345.36K
Investing cash flow-$197.50M-$2.63M$186.00K-$8.97M-$9.47M$400$387.22K-$3.23M-$765.64K
Financing cash flow$206.83M$6.68M$2.69M$10.50M$15.21M$1.70M$411.77K$4.14M$1.82M
Net change in cash-$451.38K$519.45K-$688.46K$745.92K$876.73K$208.27K-$29.47K$119.13K-$3.65K
Stock-based compensation$657.08K$2.42M$1.34M$2.63M$15.49MUnavailableUnavailable$6.38M$13.13M
Common dividends paid$2.68MUnavailable$0$630.80K$0UnavailableUnavailableUnavailableUnavailable
Common share repurchases$4.00MUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$2.50K$2.49K
Depreciation & amortizationUnavailableUnavailableUnavailableUnavailableUnavailable$1.17K$182.04K$298.80K$26.68K

Derived

BTCS Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312017-12-312016-12-312015-12-312014-12-31
Free cash flow-$9.80M-$3.53M-$3.57M-$782.18K-$4.87M-$1.49M-$843.04K-$1.35M-$1.41M
Gross margin12.2%23.2%73.1%74.8%77.9%96.4%25.7%42.7%82.3%
Operating marginUnavailableUnavailableUnavailableUnavailableUnavailable-35039.6%-410.0%-1619.6%-38106.4%
FCF margin-59.4%-86.7%-266.3%-46.2%-401.6%-33253.1%-237.3%-266.6%-3681.0%
SBC / revenue4.0%59.5%100.2%155.1%1276.7%UnavailableUnavailable1261.1%34349.8%
Current ratio3.38x8.98x27.56x6.99x2.74x7.74x0.00x0.02x0.26x
Revenue YoY growth304.8%204.1%-20.8%39.5%Unavailable-98.7%-29.8%1224.6%Unavailable
Net margin-202.2%-31.2%583.6%-939.0%-1322.8%-1014834.1%-12461.6%-1984.8%-38616.8%
R&D / revenue4.1%18.6%51.3%36.1%58.7%UnavailableUnavailableUnavailableUnavailable
CapEx / revenue0.1%0.1%0.4%0.3%0.9%33.1%4.1%109.3%903.7%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open BTCS in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-19View SEC filing
10-Q · Filed 2026-05-14View SEC filing
10-K · Filed 2026-03-26View SEC filing
10-Q · Filed 2025-11-13View SEC filing
10-Q · Filed 2025-08-13View SEC filing
10-Q · Filed 2025-05-15View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.