Bit DigitalFRA:BIV -7.62%49 Gross Margin % is 56.65% as of Mar. 2026, which is 43% above its 10-year median of 39.59. GuruFocus rates FRA:BIV with a GF Score™ of 49/100 and a GF Value™ of €1.66 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 620 Capital Markets companies, Bit Digital ranks better than 56.61% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Bit Digital's Gross Profit for the
three
months ended in Mar. 2026 was €13.68 Mil. Bit Digital's Revenue for the
three
months ended in Mar. 2026 was €24.16 Mil. Therefore, Bit Digital's Gross Margin % for the quarter that ended in Mar. 2026 was 56.65%.
The historical rank and industry rank for Bit Digital's Gross Margin % or its related term are showing as below:
FRA:BIV'
s Gross Margin % Range Over the Past 10 Years
Min: 33.04 Med: 39.59 Max: 68.01
Current: 55.55
During the past 11 years, the highestGross Margin % of Bit Digital was 68.01%. The lowest was 33.04%. And the median was 39.59%.
FRA:BIV's Gross Margin % is ranked better than 56.61% of 620
companies
in the Capital Markets industry
Industry Median: 49.63
vs FRA:BIV: 55.55
Bit Digital had a gross margin of 56.65% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Bit Digital was 2.70% per year.
Bit Digital (FRA:BIV) 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
Bit Digital had a gross margin of 56.65% for the quarter that ended in Mar. 2026 => Durable 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.
Bit Digital Gross Margin % Related Terms
Bit Digital Gross Margin % Historical Data
* Premium members only.
The historical data trend for Bit 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.
FRA:BIV vs RHNO, AXG, ABTC: Gross Margin % Comparison
For the Capital Markets subindustry, Bit 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.
Bit Digital Gross Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bit Digital's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Bit 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.
Bit Digital (FRA:BIV) has a Gross Margin % of 56.65% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Bit Digital and its competitors. This is 43% above median its historical median of 39.59. Over the past decade, Bit Digital's Gross Margin % has ranged from 33.04 to 68.01. According to the industry distribution chart, Bit Digital ranks #269 out of 620 companies in the Capital Markets industry, placing it in the top 43.4%.
Is Bit Digital's Gross Margin % too high?
Bit Digital's current Gross Margin % of 56.65% is 43% above median its 10-year median of 39.59. Over the past 10 years, this metric has ranged from a low of 33.04 to a high of 68.01. The Capital Markets industry median Gross Margin % is 49.63. Bit Digital's value of 56.65% is 14.1% above this industry median. Based on the distribution chart, Bit Digital ranks #269 out of 620 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Bit Digital has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bit Digital's Gross Margin % compare to RHNO and AXG?
According to the Capital Markets industry distribution chart, Bit Digital ranks #269 out of 620 companies for Gross Margin %. This puts Bit Digital in the upper half of its industry. The industry median Gross Margin % is 49.63. Bit Digital's value of 56.65% is 14.1% above this benchmark. Historically, Bit Digital's own Gross Margin % has ranged from 33.04 to 68.01 over the past decade. While the company's 10-year median is 39.59 vs. the industry median of 49.63, Bit Digital has consistently been above the industry average. 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 Capital Markets company?
The median Gross Margin % among Capital Markets companies is 49.63, based on 620 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. Bit Digital's current Gross Margin % of 56.65% is 14.1% above the industry median. 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 Bit Digital and its competitors. For the Capital Markets industry, the median Gross Margin % is 49.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bit Digital's current Gross Margin % is 56.65%, which is 43% above median its own 10-year median of 39.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bit Digital stock overvalued right now?
Based on GuruFocus' analysis, Bit Digital (FRA:BIV) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.66, compared to a current price of €1.50 — trading 9.8% below its estimated fair value. The current Gross Margin % is 56.65%, which is 43% above median its 10-year median of 39.59 and 14.1% above the Capital Markets industry median of 49.63. Bit Digital's overall GF Score™ is 49/100 with 6 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 Bit Digital (FRA:BIV), the current Gross Margin % is 56.65% as of Mar. 2026. 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 Bit Digital (FRA:BIV) Overvalued in 2026?
Based on GuruFocus' analysis, Bit Digital stock appears to be undervalued.
The current stock price of €1.50 is trading 9.8% below its estimated GF Value™ of €1.66.
GuruFocus considers Bit Digital to be Modestly Undervalued.
Key valuation signals for FRA:BIV:
Gross Margin %: 56.65% (43% above median its 10-year median of 39.59)
GF Value™: €1.66 vs. price of €1.50 (9.8% below fair value)
Industry Position: 14.1% above the Capital Markets median (#269 of 620)
No single metric tells the full story. See the FRA:BIV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bit Digital Inc is engaged in the Bitcoin mining business, Ethereum staking activities and specialized cloud-infrastructure services for artificial intelligence applications through its wholly owned subsidiaries. Its mining platform operates with the primary intent of accumulating bitcoin which may sell for fiat currency from time to time depending on market conditions. The Company has four reportable segments: digital asset mining, cloud services, colocation services, and ETH Staking. It generates majority of its revenue from digital asset mining.
49GF Score
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