The historical rank and industry rank for BTC Digital's Gross Margin % or its related term are showing as below:
BTCT'
s Gross Margin % Range Over the Past 10 Years
Min: -22.5 Med: 14.94 Max: 59.3
Current: -22.5
During the past 9 years, the highestGross Margin % of BTC Digital was 59.30%. The lowest was -22.50%. And the median was 14.94%.
BTCT's Gross Margin % is ranked worse than 98.69% of 2450
companies
in the Hardware industry
Industry Median: 24.53
vs BTCT: -22.50
BTC Digital had a gross margin of -22.20% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for BTC Digital was 0.00% per year.
BTC Digital (NAS:BTCT) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
BTC Digital had a gross margin of -22.20% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
BTC Digital Gross Margin % Related Terms
BTC Digital Gross Margin % Historical Data
* Premium members only.
The historical data trend for BTC Digital's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BTCT vs EBON, SCKT, AGMH: Gross Margin % Comparison
For the Computer Hardware subindustry, BTC Digital's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
BTC Digital Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, BTC Digital's Gross Margin % distribution charts can be found below:
* The bar in red indicates where BTC Digital's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
BTC Digital (BTCT) has a Gross Margin % of -22.20% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on BTC Digital and its competitors. According to the industry distribution chart, BTC Digital ranks #2418 out of 2450 companies in the Hardware industry, placing it in the top 98.7%.
Is BTC Digital's Gross Margin % too high?
BTC Digital's current Gross Margin % is -22.20%. Based on the distribution chart, BTC Digital ranks #2418 out of 2450 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, BTC Digital has a GF Score™ of 31/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BTC Digital's Gross Margin % compare to EBON and SCKT?
According to the Hardware industry distribution chart, BTC Digital ranks #2418 out of 2450 companies for Gross Margin %. This places BTC Digital in the lower half of its industry. The industry median Gross Margin % is 24.53. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Hardware company?
The median Gross Margin % among Hardware companies is 24.53, based on 2,450 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on BTC Digital and its competitors. For the Hardware industry, the median Gross Margin % is 24.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BTC Digital's current Gross Margin % is -22.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTC Digital stock overvalued right now?
Based on GuruFocus' analysis, BTC Digital (BTCT) is currently considered Fairly Valued. The stock's GF Value™ is $0.84, compared to a current price of $0.80 — trading 5.1% below its estimated fair value. The current Gross Margin % is -22.20%. BTC Digital's overall GF Score™ is 31/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For BTC Digital (BTCT), the current Gross Margin % is -22.20% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is BTC Digital (BTCT) Overvalued in 2026?
Based on GuruFocus' analysis, BTC Digital stock appears to be undervalued.
The current stock price of $0.80 is trading 5.1% below its estimated GF Value™ of $0.84.
GuruFocus considers BTC Digital to be Fairly Valued.
Key valuation signals for BTCT:
Gross Margin %: -22.20%
GF Value™: $0.84 vs. price of $0.80 (5.1% below fair value)
No single metric tells the full story. See the BTCT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BTC Digital Ltd is the ledger technology that underlies bitcoin and other cryptocurrencies, based in the U.S., with a focus on bitcoin mining. A blockchain is a decentralized, distributed, and encrypted digital public ledger that stores information in a secure, verifiable, and permanent way. The company also generates revenue through the resale of mining machines, mining machine rental, and miner hosting services.
31GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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