BitGo generated approximately $44.1 million in net profit in the third quarter of 2026, but the company’s adjusted EBITDA was negative $4.3 million. The positive GAAP result was partly linked to an increase in the value of treasury assets.
NewsBTC reports that BitGo’s revenue was approximately $2.85 billion, compared with direct costs of about $2.81 billion. This structure reflects transaction activity and requires cautious comparison with the results of conventional software companies.
Normalized assets on the platform increased 31.9% to $59.9 billion, while assets in staking grew 41.1%. BitGo also reported approximately 6,640 clients.