Stronghold Digital Mining (SDIG) Revenue & Revenue Breakdown


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Stronghold Digital Mining Revenue Highlights


Latest Revenue (Y)

$74.97B

Latest Revenue (Q)

$19.10M

Main Segment (Y)

Cryptocurrency Mining Service

Stronghold Digital Mining Revenue by Period


Stronghold Digital Mining Revenue by Year

DateRevenueChange
2023-12-31$74.97B70600.85%
2022-12-31$106.03M242.98%
2021-12-31$30.92M650.66%
2020-12-31$4.12M-62.73%
2019-12-31$11.05M-

Stronghold Digital Mining generated $74.97B in revenue during NA 2023, up 70600.85% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Stronghold Digital Mining Revenue by Quarter

DateRevenueChange
2024-06-30$19.10M-30.59%
2024-03-31$27.52M26.60%
2023-12-31$21.74M22.63%
2023-09-30$17.73M-2.78%
2023-06-30$18.23M5.60%
2023-03-31$17.27M-26.23%
2022-12-31$23.41M-5.43%
2022-09-30$24.75M-16.78%
2022-06-30$29.74M3.62%
2022-03-31$28.70M68.74%
2021-12-31$17.01M182.55%
2021-09-30$6.02M43.86%
2021-06-30$4.18M10.17%
2021-03-31$3.80M283.64%
2020-12-31$990.07K3.13%
2020-09-30$960.02K-25.68%
2020-06-30$1.29M47.35%
2020-03-31$876.60K-

Stronghold Digital Mining generated $19.10M in revenue during Q2 2024, up -30.59% compared to the previous quarter, and up 110.64% compared to the same period a year ago.

Stronghold Digital Mining Revenue Breakdown


Stronghold Digital Mining Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Energy Product$1.44M$5.47M$11.87M
Energy Service$5.81M$41.19M$4.24M
Service, Other$209.94K$145.78K$13.33K
Cryptocurrency Mining Service$52.89M$58.76M$12.49M
Electric Distribution--$2.30M

Stronghold Digital Mining's latest annual revenue breakdown by segment (product or service), as of Dec 23: Cryptocurrency Mining Service (87.63%), Energy Service (9.63%), Energy Product (2.39%), and Service, Other (0.35%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Cryptocurrency Mining Service$14.99M$21.29M$27.81M$13.78M$11.30M$8.05M$12.28M$20.23M$18.20M$8.59M$2.06M
Energy Product---$582.56K$859.51K$-21.48M$11.45M$7.13M$8.36M$6.00M$2.39M
Energy Service$221.37K$700.07K$2.34M$740.79K$2.73M$36.60M$878.61K$1.67M$2.04M$1.89M$1.07M
Service, Other$69.94K$73.53K$109.62K$47.89K$52.42K$53.84K$39.17K$32.01K$20.76K$-21.47K$1.67K
Electric Distribution------$93.28K$121.17K$67.88K$555.25K$499.72K

Stronghold Digital Mining's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Cryptocurrency Mining Service (98.09%), Energy Service (1.45%), and Service, Other (0.46%).

Stronghold Digital Mining Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
SDIGStronghold Digital Mining$74.97B$19.10M
CLSKCleanSpark$168.41M$104.11M
BITFBitfarms$149.05M$50.09M
IRENIris Energy$75.51M$53.95M
WULFTeraWulf$69.23M$35.57M
ARBKArgo Blockchain$57.72M$16.83M
CIFRCipher Mining-$48.14M

SDIG Revenue FAQ


Stronghold Digital Mining's yearly revenue for 2023 was $74.97B, representing an increase of 70600.85% compared to 2022. The company's yearly revenue for 2022 was $106.03M, representing an increase of 242.98% compared to 2021. SDIG's yearly revenue for 2021 was $30.92M, representing an increase of 650.66% compared to 2020.

Stronghold Digital Mining's quarterly revenue for Q2 2024 was $19.1M, a -30.59% decrease from the previous quarter (Q1 2024), and a 4.77% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $27.52M, a 26.60% increase from the previous quarter (Q4 2023), and a 59.40% increase year-over-year (Q1 2023). SDIG's quarterly revenue for Q4 2023 was $21.74M, a 22.63% increase from the previous quarter (Q3 2023), and a -7.12% decrease year-over-year (Q4 2022).

Stronghold Digital Mining's revenue growth rate for the last 3 years (2021-2023) was 242390.60%, and for the last 5 years (2019-2023) was 678369.19%.

Stronghold Digital Mining's revenue streams in c 23 are Energy Product, Energy Service, Service, Other, and Cryptocurrency Mining Service. Energy Product generated $1.44M in revenue, accounting 2.39% of the company's total revenue, down -73.64% year-over-year. Energy Service generated $5.81M in revenue, accounting 9.63% of the company's total revenue, down -85.89% year-over-year. Service, Other generated $209.94K in revenue, accounting 0.35% of the company's total revenue, up 44.01% year-over-year. Cryptocurrency Mining Service generated $52.89M in revenue, accounting 87.63% of the company's total revenue, down -10.00% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Stronghold Digital Mining was Cryptocurrency Mining Service. This segment made a revenue of $52.89M, representing 87.63% of the company's total revenue.