BitGo’s Q3 net revenue was $44.1 million, with total revenue down 50.9% year-on-year.

Business Wire reported that digital asset infrastructure firm BitGo released its fiscal Q3 2026 financial results, ended September 30: net income totaled $44.1 million—reversing the prior quarter’s $19 million net loss—primarily driven by rising valuations in its digital asset treasury; adjusted EBITDA was a loss of $4.3 million; total revenue stood at $2.85 billion, down 50.9% year-on-year amid persistently weak crypto trading conditions, which significantly curbed digital asset sales activity. At quarter-end, assets under custody reached $59.9 billion and staked assets totaled $10.5 billion; on a constant-price basis, these figures rose 32% and 41% year-on-year, respectively. During the quarter, BitGo completed its acquisition of NYDIG’s institutional trading business and advanced broader business expansion initiatives.