Grayscale Bitcoin Trust ETF (GBTC) Financial Statements
Historical financial data — 25 statements covering
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
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Balance Sheet Summary (FY2025)
Grayscale Bitcoin Trust ETF (GBTC) Financial Statements & Revenue History
Grayscale Bitcoin Trust ETF (GBTC) is a US-listed stock operating in the Financial Services sector, specifically the Commodity Contracts Brokers & Dealers industry trading at $63.09 with a market capitalization of $12. This page provides 25 historical financial statements for Grayscale Bitcoin Trust ETF, including income statement, balance sheet, and cash flow data across multiple reporting periods....
GBTC Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Grayscale Bitcoin Trust ETF's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether GBTC is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track GBTC's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Grayscale Bitcoin Trust ETF converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of GBTC's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use GBTC Financial Data
Investors use Grayscale Bitcoin Trust ETF's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare GBTC's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how GBTC's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View GBTC's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Grayscale Bitcoin Trust ETF's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.GBTC trades on NYSE. This page is for informational purposes only and is not financial advice.

