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Nasdaq · Financials

Big Digital Energy, Inc. (BGDE)

As-reported financials and SEC filings for Big Digital Energy, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Big Digital Energy, Inc.

Big Digital Energy, Inc. operates digital infrastructure platforms primarily in the United States, focusing on services such as digital asset mining, artificial intelligence and high-performance computing colocation, and energy management. The company provides colocation services where customers can house their specialized computing equipment, including Bitcoin miners and GPUs, and offers profit-sharing arrangements. It also manages energy usage to optimize costs and participates in energy management programs to support power grid stability.

Snapshot

Revenue
$39.8M
Revenue growth (YoY)
-32.9%
Net income
$-23.7M
Diluted EPS
$-20.11
Gross margin
43.6%
Operating margin
-48.5%
Net margin
-59.5%
FCF margin
-17.7%
ROE
—
net income / fiscal-year-end equity
P/E
n/m
not meaningful: a reported loss in the fiscal year or the trailing twelve months
Market cap
$29.7M
Long-term debt / equity
—
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Big Digital Energy

  • Revenue fell 32.9% to $40M in FY2025, slower than the 36.0% the year before.
  • Operating margin is -48.5% in FY2025, +48.8 pp against -97.3% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $6M, down 35.5% from Q2 FY2025.
  • Free cash flow was negative $7M in FY2025.
  • Net loss narrowed to $24M in FY2025, from $46M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Big Digital Energy’s fundamentals sit among the 424 Financials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin43.6%
40th percentile of 48
Operating margin-48.5%
12th percentile of 141
Net margin-59.5%
4th percentile of 372
FCF margin-17.7%
10th percentile of 266
Revenue growth (YoY)-32.9%
4th percentile of 419
Short interest1.88d
21st percentile of 419

Big Digital Energy’s net margin of -59.5% ranks in the 4th percentile of the 372 Financials companies reporting it. Big Digital Energy’s revenue growth of -32.9% ranks in the 4th percentile of the 419 Financials companies reporting it. Big Digital Energy’s FCF margin of -17.7% ranks in the 10th percentile of the 266 Financials companies reporting it.

30 reported insider purchases (code P) totaling $907,055 in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4. Multiple insiders have bought recently (a cluster buy).

Buys (90d)
30
2 insiders
Bought (90d)
$907K
code P value
Sells (90d)
0
—
Reported activity
Cluster buy
≥2 insiders buying
Trade dateInsiderTypeSharesPriceValue
2026-09-21
filed 2026-09-23
Endeavor Blockchain, LLCSEE REMARKSBuy795$6.21$5K
2026-09-18
filed 2026-09-22
Endeavor Blockchain, LLCSEE REMARKSBuy494$5.99$3K
2026-09-15
filed 2026-09-18
Endeavor Blockchain, LLCSEE REMARKSBuy1.3K$5.99$8K
2026-09-14
filed 2026-09-15
Endeavor Blockchain, LLCSEE REMARKSBuy152$6.55$996
2026-09-14
filed 2026-09-15
Endeavor Blockchain, LLCSEE REMARKSBuy153$6.47$990
2026-09-14
filed 2026-09-15
Endeavor Blockchain, LLCSEE REMARKSBuy151$6.55$990
2026-09-14
filed 2026-09-15
Endeavor Blockchain, LLCSEE REMARKSBuy152$6.51$989
2026-09-14
filed 2026-09-15
Endeavor Blockchain, LLCSEE REMARKSBuy152$6.43$977
2026-09-14
filed 2026-09-15
Endeavor Blockchain, LLCSEE REMARKSBuy152$6.42$976
2026-09-11
filed 2026-09-15
Endeavor Blockchain, LLCSEE REMARKSBuy988$6.30$6K
2026-09-11
filed 2026-09-15
Endeavor Blockchain, LLCSEE REMARKSBuy150$6.66$999
2026-09-09
filed 2026-09-10
Endeavor Blockchain, LLCSEE REMARKSBuy980$6.30$6K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
157.3K
settled 2026-09-30
Change vs prior
-6.9%
vs previous settlement
Days to cover
1.88
at avg daily volume
Avg daily volume
83.8K
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-30157.3K-6.9%1.88
2026-09-15168.9K+4.5%4.17
2026-08-31161.6K+1.0%2.91
2026-08-14160.0K-12.5%2.14
2026-07-31183.0K-21.9%2.27
2026-07-15234.2K+7.1%2.21
2026-06-30218.7K+14.1%1.14
2026-06-15191.7K+8.9%1.51

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$39.8M$59.3M$43.6M$84.4M$43.9M
Gross profit
Operating income$-19.3M$-31.2M$-60.3M$-44.1M$-42.7M
Net income$-23.7M$-46.1M$-60.4M$-52.8M$-45.0M
Diluted EPS$-20.11$-51.75

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$13.3M$6.1M$4.5M$946,265$5.5M
Current assets$27.5M$26.0M$20.1M$20.3M$11.4M
Total assets$57.4M$61.4M$84.8M$133.3M$145.3M
Current liabilities$58.8M$61.9M$53.3M$35.5M$20.1M
Long-term debt$25.2M$20.9M$19.4M$28.12T—
Total liabilities$60.6M$64.7M$54.4M$57.2M$30.7M
Total equity$-3.1M$-3.2M$30.4M$76.2M$114.6M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$-6.9M$3.6M$-2.5M$14.3M$23.0M
Capital expenditure$148,950$2.0M$5.4M$50.0M$76.8M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$6.2M-35.5%$-7.4M$-1.33
Q1 FY2026$4.8M-65.1%$609,803$0.12
Q4 FY2025-78.5%—
Q3 FY2025$13.2M7.0%$327,659—
Q2 FY2025$9.5M-27.3%$-8.0M—
Q1 FY2025$13.8M-26.4%$-310,863—
Q4 FY20247.5%—
Q3 FY2024$12.3M8.7%$-12.2M—

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorFinancials
SIC industryFinance Services
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2003
SEC CIK1218683

Selected SEC filings

10-K2026-03-31
View on EDGAR →
10-Q2026-08-14
View on EDGAR →
10-Q2026-05-14
View on EDGAR →
8-K2026-09-24
View on EDGAR →
8-K2026-07-20
View on EDGAR →
8-K2026-07-06
View on EDGAR →
8-K2026-06-17
View on EDGAR →

Largest Financials peers

All Financials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.