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Stronghold Digital Mining (SDIG) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Stronghold Digital Mining Revenue Highlights

Latest Revenue (Y)

$74.97B

Latest Revenue (Q)

$11.17M

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
2024-09-30$11.17M-41.54%
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 $11.17M in revenue during Q3 2024, up -41.54% compared to the previous quarter, and up 61.25% 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
Service, Other$209.94K$145.78K$13.33K
Cryptocurrency Mining Service$52.89M$58.76M$12.49M
Energy Product$1.44M$5.47M$11.87M
Energy Service$5.81M$41.19M$4.24M
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/ServiceSep 24Jun 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Energy Service$502.64K$221.37K$700.07K$2.34M$740.79K$2.73M$36.60M$878.61K$1.67M$2.04M$1.89M$1.07M
Service, Other$44.05K$69.94K$73.53K$109.62K$47.89K$52.42K$53.84K$39.17K$32.01K$20.76K$-21.47K$1.67K
Cryptocurrency Mining Service$8.71M$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
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 Sep 24: Cryptocurrency Mining Service (94.09%), Energy Service (5.43%), and Service, Other (0.48%).

Stronghold Digital Mining Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
SDIGStronghold Digital Mining$74.97B$11.17M
CLSKCleanSpark$168.41M$104.11M
BITFBitfarms$149.05M$50.09M
IRENIris Energy$75.51M$53.95M
WULFTeraWulf$69.23M$27.06M
ARBKArgo Blockchain$57.72M$16.83M
CIFRCipher Mining--

SDIG Revenue FAQ

What is Stronghold Digital Mining’s yearly revenue?

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.

What is Stronghold Digital Mining’s quarterly revenue?

Stronghold Digital Mining's quarterly revenue for Q3 2024 was $11.17M, a -41.54% decrease from the previous quarter (Q2 2024), and a -37.00% decrease year-over-year (Q3 2023). The company'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). SDIG'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).

What is Stronghold Digital Mining’s revenue growth rate?

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%.

What are Stronghold Digital Mining’s revenue streams?

Stronghold Digital Mining's revenue streams in c 23 are Service, Other, Cryptocurrency Mining Service, Energy Product, and Energy Service. 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. 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.

What is Stronghold Digital Mining’s main source of revenue?

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.