BTGO · Bitgo Holdings, Inc.
Price & Indicators
The closing range uses available history since Jan 21, 2026; less than a full year is stored.
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY27 earnings call · Aug 12, 2026TL;DR. BitGo reported Q2 revenue up 79.6% YoY to $4.3B but swung to a $19.0M net loss driven by an $18.8M unrealized loss on digital assets and softer digital asset sales margins, while announcing $15M of annualized cost savings, a $50M share repurchase authorization, and the upcoming departure of CFO Ed Reginelli.
- + Total revenue grew 79.6% YoY and 14.7% sequentially to $4.3B, with all four business lines up sequentially.
- + Normalized Assets on Platform grew 31.4% YoY to $65.2B and clients rose 26.2% YoY to 5,833, reflecting institutional adoption.
- + Stablecoin-as-a-Service revenue jumped 148.0% YoY to $38.8M with take rate expanding to 8.0% from 2.6% a year ago.
- + Board authorized a $50M share repurchase program as part of disciplined capital allocation.
- − Digital Asset Sales margin compressed to 17 bps from 32 bps in Q1 and 19 bps YoY due to lower spot spreads and reduced derivatives mix.
- − Staking revenue fell 28.8% YoY to $64.7M with take rate collapsing to 6.0% from 16.1% in Q1 and 10.0% a year ago as larger clients drove mix lower.
- − CFO Ed Reginelli is resigning effective September 15, 2026, creating leadership transition risk.
- − Operating expenses rose 38.9% YoY and Adjusted EBITDA Loss of $4.2M reversed a $3.0M gain a year ago.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Research
our published analysis of this company
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | -5.85M | Six Months Ended June 30, 2026 | — |
| Assets on Platform | 65.2B | the three months ended June 30, 2026 filing | — |
| Assets on Platform (in billions) | 65.2B | Q2'26 | — |
| Assets Staked | 11.9B | the three months ended June 30, 2026 filing | — |
| Assets Staked (in billions) | 11.9B | Q2'26 | — |
| Normalized Assets on Platform (in billions) | 65.2B | Q2'26 | — |
| Normalized Assets Staked (in billions) | 11.9B | Q2'26 | — |
| Number of Clients | 5,833 | Q2'26 | — |
| Number of Users (in millions) | 1.2M | Q2'26 | — |
| Stablecoin sponsor fees | 35.7M | Q2 2026 | — |
| Take rate | 8% | Q2 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Capital Markets — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
BTGO
this stock
Bitgo Holdings, Inc.
|
$832.22M | — | — | — | 2.0% |
|
MS
Morgan Stanley
|
$297.95B | +6.9% | +5.5% | 15.3 | 0.9% |
|
GS
Goldman Sachs Group Inc
|
$256.98B | +0.9% | +8.9% | 13.6 | 2.4% |
|
SCHW
Schwab Charles Corp
|
$165.29B | -4.3% | +22.0% | 17.4 | 1.1% |
|
HOOD
Robinhood Markets, Inc.
|
$96.21B | -3.2% | +51.6% | 47.4 | 4.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| BTGO | -1.9% | -3.3% | -29.6% | -1.9% | — |
| SPY | +1.9% | +1.9% | +10.8% | +1.9% | +14.0% |
| vs SPY | -3.8% | -5.3% | -40.4% | -3.8% | — |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.