Equity Profile

BTDR

Bitdeer Technologies Group

Information TechnologyApplication Software$2.4B

Aug17Mon

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Bitdeer Technologies Group operates in the information technology sector, focusing on application software. The company is significant as it plays a role in the evolving landscape of digital technologies, particularly in areas like cryptocurrency mining and blockchain applications.

Key Metrics to Watch

Earnings Per Share (EPS)

EPS will indicate the company's profitability and how well it is managing its costs, especially after recent losses.

N/A

Revenue Growth

Revenue figures will help gauge the company's ability to generate sales and expand its market presence.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

BTDR Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 7Q

EPS Beat Streak

EPS Beat Rate

14%

Avg EPS Surprise

-406.27%

Avg Stock Reaction

-5.63%

Last Quarter Recap

In Q1 2026, Bitdeer reported an EPS of -$0.68, missing estimates by a significant margin. The stock reacted positively the following day, gaining 11.57%.

Management Promises & Guidance

Management has committed to improving operational efficiencies.
They aim to enhance revenue streams through new product offerings.
Focus on reducing costs to improve the bottom line.

Expectations

Wall Street Expectations

Overall, expectations are mixed heading into the earnings report, given the company's recent history of missing EPS estimates. Investors are cautious but hopeful for signs of recovery.

Bull Case

If Bitdeer can show improved revenue and a smaller loss than expected, it could signal a turnaround, boosting investor confidence.

Bear Case

Continued losses and lack of revenue growth could lead to further declines in stock price, as investors may lose faith in the company's recovery prospects.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

Given the company's recent history of significant EPS misses, this number will be critical in determining investor sentiment.

How is Bitdeer addressing its operating expenses?

Investors will closely watch for any commitments to cost management, which could impact future profitability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Bitdeer's potential for cost management improvements, which could lead to better-than-expected EPS results.

Supporting Evidence

The options market is pricing a 51.66% move, indicating that volatility may not reflect the company's actual operational stability.

Bitdeer's recent focus on operational efficiencies has not been fully acknowledged by analysts.

The company's historical ability to rebound after poor quarters suggests that current pessimism may be overblown.

Key Risk

If operating expenses come in significantly lower than expected, it could shift the narrative around profitability.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around whether Bitdeer can stabilize its losses while improving revenue generation.

Bull Confirmed If

An EPS loss of less than -$0.50 would confirm the bull case and suggest improved operational performance.

Bear Confirmed If

An EPS loss greater than -$0.75 would confirm the bear case, indicating ongoing struggles.

Pre-Earnings Positioning

Options Market

Implied Move

±51.66%

Historical Avg

±13.0%

Pricing rich

The options market is pricing in a significant potential move, indicating high uncertainty around the earnings report.

Options are pricing ±51.7% while BTDR has averaged ±13.0% over the last 7 prints — setup is pricing rich.

Detail

ATM IV

1.2%

30d HV

107.4%

Calls (33.6M)P/C Ratio: 0.38Puts (1.7M)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Bitdeer beats expectations, history suggests the stock could rise around 11.57%, confirming a positive shift in investor sentiment.

In-Line / Cautious

If results are in line with expectations, the stock may see minimal movement as investors weigh management's commentary.

Miss

A miss on earnings could lead to a decline of about 6.15%, reflecting ongoing concerns about the company's financial health.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product launches or revenue streams.
2Details on cost-cutting measures and their expected impact.
3Management's outlook on future earnings and market conditions.
4Insights into customer demand and market trends.
5Any commentary on competitive positioning in the application software space.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Figma, Inc.

Company Snapshot

Key Metrics to Watch

Earnings Per Share (EPS)

EPS will indicate the company's profitability and how well it is managing its costs, especially after recent losses.

N/A

Revenue Growth

Revenue figures will help gauge the company's ability to generate sales and expand its market presence.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

BTDR Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 7Q

EPS Beat Streak

EPS Beat Rate

14%

Avg EPS Surprise

-406.27%

Avg Stock Reaction

-5.63%

Last Quarter Recap

In Q1 2026, Bitdeer reported an EPS of -$0.68, missing estimates by a significant margin. The stock reacted positively the following day, gaining 11.57%.

Management Promises & Guidance

Management has committed to improving operational efficiencies.
They aim to enhance revenue streams through new product offerings.
Focus on reducing costs to improve the bottom line.

Expectations

Wall Street Expectations

Overall, expectations are mixed heading into the earnings report, given the company's recent history of missing EPS estimates. Investors are cautious but hopeful for signs of recovery.

Bull Case

If Bitdeer can show improved revenue and a smaller loss than expected, it could signal a turnaround, boosting investor confidence.

Bear Case

Continued losses and lack of revenue growth could lead to further declines in stock price, as investors may lose faith in the company's recovery prospects.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

Given the company's recent history of significant EPS misses, this number will be critical in determining investor sentiment.

How is Bitdeer addressing its operating expenses?

Investors will closely watch for any commitments to cost management, which could impact future profitability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Bitdeer's potential for cost management improvements, which could lead to better-than-expected EPS results.

Supporting Evidence

The options market is pricing a 51.66% move, indicating that volatility may not reflect the company's actual operational stability.

Bitdeer's recent focus on operational efficiencies has not been fully acknowledged by analysts.

The company's historical ability to rebound after poor quarters suggests that current pessimism may be overblown.

Key Risk

If operating expenses come in significantly lower than expected, it could shift the narrative around profitability.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around whether Bitdeer can stabilize its losses while improving revenue generation.

Bull Confirmed If

An EPS loss of less than -$0.50 would confirm the bull case and suggest improved operational performance.

Bear Confirmed If

An EPS loss greater than -$0.75 would confirm the bear case, indicating ongoing struggles.

Pre-Earnings Positioning

Options Market

Implied Move

±51.66%

Historical Avg

±13.0%

Pricing rich

The options market is pricing in a significant potential move, indicating high uncertainty around the earnings report.

Options are pricing ±51.7% while BTDR has averaged ±13.0% over the last 7 prints — setup is pricing rich.

Detail

ATM IV

1.2%

30d HV

107.4%

Calls (33.6M)P/C Ratio: 0.38Puts (1.7M)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Bitdeer beats expectations, history suggests the stock could rise around 11.57%, confirming a positive shift in investor sentiment.

In-Line / Cautious

If results are in line with expectations, the stock may see minimal movement as investors weigh management's commentary.

Miss

A miss on earnings could lead to a decline of about 6.15%, reflecting ongoing concerns about the company's financial health.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product launches or revenue streams.
2Details on cost-cutting measures and their expected impact.
3Management's outlook on future earnings and market conditions.
4Insights into customer demand and market trends.
5Any commentary on competitive positioning in the application software space.