BitGo Holdings reported $44.1 million in net income for the quarter ended Sept. 30, 2026, nearly double a year earlier. A $71.5 million unrealized gain on digital assets offset a $19.2 million operating loss; the company had reported $3.9 million in operating income a year earlier.
BitGo said revenue fell 51% to $2.85 billion as digital asset sales slowed. It records the full proceeds of those sales as revenue and accounts for costs separately; revenue after direct costs fell 32% to $37.3 million. The company missed Wall Street estimates for revenue and earnings.
