NASDAQ$IBIT

iShares Bitcoin Trust · Q3 2025 earnings

Q3 2025 earnings · · Investor relations

Briefing

iShares Bitcoin Trust reported Q3 2025, net income of $107M.

For Q3 2025, iShares Bitcoin Trust reported net income of $107M. Management discussed operating trends, liquidity, and priorities as disclosed in the quarterly filing.

  • Net income $107M.
  • iShares Bitcoin Trust updated strategic and capital priorities in the filing.
  • iShares Bitcoin Trust updated strategic and capital priorities in the filing.

Headline financials

Total Revenue

$459M

Previous: -$649K+70885.0%
EPS

$3.59

Previous: $0.18+1894.4%
Free Cash Flow

$4.68B

Previous: $107M+4273.5%
Net Income

$4.68B

Previous: $107M+4273.5%
Operating Income

-$53.3M

Previous: -$11.5M-363.9%
Gross Profit

$459M

Previous: -$649K+70885.0%

Revenue & EPS history

iShares Bitcoin Trust · Revenue · Quarterly

$459M

Q3 2025-70,885%vs Q3 2024

Forward guidance

The filing discusses iShares Bitcoin Trust's outlook, capital deployment, and key risks without relying solely on numeric EPS guidance.

Tailwinds

  • iShares Bitcoin Trust cited execution on strategic priorities in the filing.
  • Balance sheet and liquidity support continued operations.
  • Bitcoin exposure via regulated ETF structure.

Headwinds

  • Macro, competitive, and cost pressures may affect margins.
  • Segment mix and one-time items can affect comparability.
  • Crypto price volatility drives NAV and reported results.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 7 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+1.6%

Avg return

Earnings day

+5.2%

Avg return

5 days after

-2.6%

Avg return

30 days after

57%

4 / 7 earnings

Positive

+10.9%

Q2 2024

Best reaction

-1.8%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.7%-0.9%-26.1%
Q3 2025+3.0%+5.3%-11.4%
Q2 2025-1.0%+1.4%-4.4%
Q1 2025+1.3%+7.2%+9.8%
Q3 2024+0.7%+17.6%+33.2%
Q2 2024+10.9%+11.1%-2.5%
Q1 2024-1.8%-5.1%-17.0%

Discussion

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