Argo Blockchain (ARBK) Financial Statements & Analysis

Argo Blockchain Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Argo Blockchain plc income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	FY 2022	FY 2021	FY 2021	FY 2021	FY 2020	FY 2019	FY 2018
Period ending	Dec 2025	Dec 2024	Mar 2024	Dec 2023	Mar 2023	Dec 2022	Mar 2022	Jan 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	15.52	48.52	57.72	57.72	47.76	58.58	98.75	98.75	98.75	25.92	11.30	0.76
Cost of Revenue	15.23	47.06	54.62	54.62	47.23	27.83	29.52	16.11	29.52	26.22	7.73	0.83
Gross Profit	0.29	1.46	3.10	3.10	9.03	11.36	69.22	69.22	69.22	10.47	3.57	-0.06
Operating Expenses
Research & Development	0.00	0.00	0.00	-	0.00	0.11	0.00	-	-	0.03	0.14	0.00
Selling, General & Administrative	9.36	3.81	5.39	15.71	17.38	28.78	7.11	10.58	7.11	3.42	3.13	2.44
Operating Expenses	10.06	16.78	22.84	19.56	40.37	-38.22	14.32	13.12	12.59	7.92	4.66	3.28
Operating Income	-9.77	-15.33	-19.74	-16.45	-22.09	-26.70	54.90	54.90	56.64	2.55	0.14	-3.34
Other Income/Expense
Interest Income	0.00	0.00	0.00	-	0.00	-	0.00	-	-	0.00	0.01	0.04
Interest Expense	4.20	6.81	11.56	11.56	22.66	-22.66	2.94	-2.94	2.94	-0.21	0.05	0.00
Other Income/Expense	18.65	-39.44	-14.90	-6.63	-177.02	-28.69	-4.51	-4.53	-	-0.16	-0.05	-0.78
Income
Income Before Tax	4.67	-54.76	-34.64	-34.64	-199.11	-240.69	50.39	50.39	50.39	1.97	-0.86	-4.12
Income Tax Expense	-0.41	0.34	0.00	-	-11.73	11.73	11.32	-11.32	11.32	0.00	0.00	0.00
Net Income	5.08	-55.10	-34.64	-34.64	-228.96	-228.96	39.07	39.07	39.07	1.97	-0.86	-4.12
Net Income - Continuous Operations	5.08	-55.10	-34.64	-34.64	-228.96	-228.96	39.07	-	39.07	1.36	-0.86	-4.12
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	12.02	-33.04	-2.95	-2.95	1.68	2.04	68.65	70.46	68.65	10.43	1.83	-3.63
EBIT	8.87	-12.96	-	-23.08	-	-26.70	-	55.15	53.33	2.19	-	-
Depreciation & Amortization	0.54	14.91	20.13	1.47	23.77	28.74	15.32	15.32	0.51	8.07	2.91	0.49
Earnings Per Share
Basic EPS	5.00	-193.00	-149.00	-2.00	-863.00	-1044.00	157.00	212.00	1.00	15.00	-6.00	-30.00
Diluted EPS	5.00	-193.00	-149.00	-2.00	-863.00	-1037.00	157.00	216.00	1.00	12.00	-6.00	-30.00
Basic Shares Outstanding	1.01	0.29	0.23	0.23	0.22	0.22	0.18	0.18	39.75	0.14	0.14	0.14
Diluted Shares Outstanding	1.01	0.29	0.23	0.23	0.22	0.22	0.19	0.18	41.52	0.16	0.14	0.14

Source: Company financial statements from annual and quarterly filings. Data as of Dec 31, 2025. Data sources and methodology

Frequently Asked Questions About Argo Blockchain Financial Statements

What was Argo Blockchain's revenue in fiscal 2025?

Argo Blockchain reported revenue of $15.52M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 68.0% from $48.52M a year earlier.

Is Argo Blockchain profitable?

Yes. Argo Blockchain earned net income of $5.08M in fiscal 2025, a net margin of 32.8%. In fiscal 2024 it lost $55.10M.

What is Argo Blockchain's operating margin?

Argo Blockchain's operating income was −$9.77M on revenue of $15.52M in fiscal 2025, an operating margin of -63.0%, compared with -31.6% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition