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Bitfarms Ltd
XTSX:BITF

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Bitfarms Ltd Logo
Bitfarms Ltd
XTSX:BITF
Watchlist
Price: 4.13 CAD 0.24%
Updated: May 10, 2024

Gross Margin
Bitfarms Ltd

65.6%
Current
33%
Average
46.5%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
65.6%
=
Gross Profit
111.1m
/
Revenue
169.5m

Gross Margin Across Competitors

Country Company Market Cap Gross
Margin
CA
Bitfarms Ltd
XTSX:BITF
804.5m CAD
66%
US
Ezenia! Inc
OTC:EZEN
789.1B USD
62%
US
Advant-e Corp
OTC:ADVC
670.7B USD
61%
US
Salesforce Inc
NYSE:CRM
267.8B USD
76%
DE
SAP SE
XETRA:SAP
205.5B EUR
73%
US
Adobe Inc
NASDAQ:ADBE
219.3B USD
88%
US
Intuit Inc
NASDAQ:INTU
177.3B USD
78%
US
Synopsys Inc
NASDAQ:SNPS
84.4B USD
79%
US
Cadence Design Systems Inc
NASDAQ:CDNS
77.8B USD
89%
US
Workday Inc
NASDAQ:WDAY
65.1B USD
76%
CA
Constellation Software Inc
TSX:CSU
79.9B CAD
98%
Country CA
Market Cap 804.5m CAD
Gross Margin
66%
Country US
Market Cap 789.1B USD
Gross Margin
62%
Country US
Market Cap 670.7B USD
Gross Margin
61%
Country US
Market Cap 267.8B USD
Gross Margin
76%
Country DE
Market Cap 205.5B EUR
Gross Margin
73%
Country US
Market Cap 219.3B USD
Gross Margin
88%
Country US
Market Cap 177.3B USD
Gross Margin
78%
Country US
Market Cap 84.4B USD
Gross Margin
79%
Country US
Market Cap 77.8B USD
Gross Margin
89%
Country US
Market Cap 65.1B USD
Gross Margin
76%
Country CA
Market Cap 79.9B CAD
Gross Margin
98%

Profitability Report

View the profitability report to see the full profitability analysis for Bitfarms Ltd.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
65.6%
=
Gross Profit
111.1m
/
Revenue
169.5m
What is the Gross Margin of Bitfarms Ltd?

Based on Bitfarms Ltd's most recent financial statements, the company has Gross Margin of 65.6%.