Bitfarms Ltd. Revenue

Revenue of BITF for past 10 years: annual, quarterly and twelve month trailing (TTM) including Revenue growth rates and interactive chart. Revenue is the income generated from normal business operations and includes discounts and deductions for returned merchandise. It is the top line or gross income figure from which costs are subtracted to determine net income.


Highlights and Quick Summary

  • Revenue for the quarter ending March 31, 2022 was $40.9 Million (a -30.92% decrease compared to previous quarter)
  • Year-over-year quarterly Revenue increased by 12.5%
  • Annual Revenue for 2021 was $167 Million (a 356.52% increase from previous year)
  • Annual Revenue for 2020 was $36.7 Million (a 10.76% increase from previous year)
  • Annual Revenue for 2019 was $33.1 Million (a 2.71% increase from previous year)
  • Twelve month Revenue ending March 31, 2022 was $181 Million (a 7.3% increase compared to previous quarter)
  • Twelve month trailing Revenue increased by 117.75% year-over-year
Trailing Revenue for the last four month:
31 Mar '22 31 Dec '21 30 Sep '21 30 Jun '21
$181 Million $168 Million $121 Million $83 Million
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Historical Revenue of Bitfarms Ltd.

Most recent Revenueof BITF including historical data for past 10 years.

Interactive Chart of Revenue of Bitfarms Ltd.

Bitfarms Ltd. Revenue for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2022 $40.87
2021 $59.16 $44.42 $36.33 $28.57 $167.32
2020 $11.32 $6.8 $7.37 $9.21 $36.65
2019 $10.54 $9.74 $8.52 $3.63 $33.09
2018 $32.22
2017 $9.0

Business Profile of Bitfarms Ltd.

Sector: Financial Services
Industry: Capital Markets