#bitgoq1revenueup112percent BitGo reported Q1 2026 revenue of approximately $3.77 billion, up about 112–113% year-over-year from roughly $1.77 billion in Q1 2025. (Investing.com Australia)
The strong growth was mainly driven by:
higher digital-asset trading activity,
growth in institutional crypto infrastructure services,
expanding stablecoin and custody operations,
increased subscriptions and services revenue. (The Motley Fool)
However, despite the revenue surge, BitGo still posted a wider quarterly net loss:
Q1 GAAP net loss reached about $60.7 million,
compared with a $25.7 million loss a year earlier. (The Motley Fool)
The company said losses were impacted by:
negative mark-to-market adjustments tied to its Bitcoin treasury holdings,
IPO-related expenses after its January 2026 NYSE listing,
weaker overall crypto market conditions versus Q4 2025. (Investing.com Australia)
BitGo became the first major crypto infrastructure IPO of 2026 earlier this year and has been expanding into institutional trading, custody, staking, stablecoin infrastructure, and prediction-market services. (investors.bitgo.com)