Argo Blockchain plc logo

Argo Blockchain plc

ARBK

NASDAQFinancial ServicesFinancial - Capital Markets

Previous close

$3.04

+$0.06 · +2.01%

Aug 21, 4:00 PM ET

Pre-market

$3.04

$0.00 · 0.00%

Aug 24, 4:00 AM ET

ARBK company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

56

Fair Value

Momentum

22

Weakening

Sentiment

43

Mixed

Risk resilience

17

Extreme Risk

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Company profile

Company website

Argo Blockchain plc, including its subsidiary ventures, operates globally as a miner of Bitcoin and other various cryptocurrencies. The company achieves this by deploying specialized computer systems engineered to process intricate cryptographic algorithms. Founded in 2017, the enterprise was initially known as GoSun Blockchain Limited, officially rebranding to Argo Blockchain plc in December of the same year. Its corporate headquarters are located in London, United Kingdom.

Industry
Financial - Capital Markets
Sector
Financial Services
Headquarters
GB
CEO
Justin Nolan
Listed since
Sep 23, 2021
Employees
20

Market position

Day range

Current $3.04

52-week range

Current $3.04

Open
$2.98
Previous close
$2.98
Volume
23.01K
0.95× average
Average volume
24.18K
Average daily volume
Market cap
966.81K USD
Beta
1.91
Market reference 1
50-day average
$3.1949
-4.85% below average
200-day average
$10.1096
-69.93% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.43M USD
P/E (TTM)
-0.96×
P/B (TTM)
-0.21×
P/S (TTM)
1.26×
EV / EBITDA
0.2×
Earnings yield
448.67%
Free cash flow yield
-2217.95%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
18.36%
Operating margin
-114.98%
Net margin
-129.41%
Return on equity
39.41%
Return on assets
22.37%
Return on invested capital
-59.58%

Financial health

Debt / equity
-0.78×
Current ratio
0.51×
Altman Z-score
-20.23
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends125%-95%-315%-534%Gross margin, FY2021: 70.10%Gross margin, FY2022: 18.92%Gross margin, FY2023: 5.37%Gross margin, FY2024: 3.00%Gross margin, FY2025: 1.85%Operating margin, FY2021: 55.60%Operating margin, FY2022: -46.25%Operating margin, FY2023: -34.20%Operating margin, FY2024: -31.59%Operating margin, FY2025: -62.97%Net margin, FY2021: 39.57%Net margin, FY2022: -479.43%Net margin, FY2023: -60.01%Net margin, FY2024: -113.58%Net margin, FY2025: 32.76%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 70.10%. Gross margin FY2022 18.92%. Gross margin FY2023 5.37%. Gross margin FY2024 3.00%. Gross margin FY2025 1.85%. Operating margin FY2021 55.60%. Operating margin FY2022 -46.25%. Operating margin FY2023 -34.20%. Operating margin FY2024 -31.59%. Operating margin FY2025 -62.97%. Net margin FY2021 39.57%. Net margin FY2022 -479.43%. Net margin FY2023 -60.01%. Net margin FY2024 -113.58%. Net margin FY2025 32.76%.

Income trends

Revenue

15.52M USD-68.01%

Operating income

−9.77M USD+36.22%

Net income

5.08M USD+60.19M USD
Income trends across reported periods131.52M USD435.3K USD−130.65M USD−261.73M USDRevenue, FY2021: 98.75M USDRevenue, FY2022: 47.76M USDRevenue, FY2023: 57.72M USDRevenue, FY2024: 48.52M USDRevenue, FY2025: 15.52M USDOperating income, FY2021: 54.9M USDOperating income, FY2022: −22.09M USDOperating income, FY2023: −19.74M USDOperating income, FY2024: −15.33M USDOperating income, FY2025: −9.77M USDNet income, FY2021: 39.07M USDNet income, FY2022: −228.96M USDNet income, FY2023: −34.64M USDNet income, FY2024: −55.1M USDNet income, FY2025: 5.08M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 98.75M USD. Revenue FY2022 47.76M USD. Revenue FY2023 57.72M USD. Revenue FY2024 48.52M USD. Revenue FY2025 15.52M USD. Operating income FY2021 54.9M USD. Operating income FY2022 −22.09M USD. Operating income FY2023 −19.74M USD. Operating income FY2024 −15.33M USD. Operating income FY2025 −9.77M USD. Net income FY2021 39.07M USD. Net income FY2022 −228.96M USD. Net income FY2023 −34.64M USD. Net income FY2024 −55.1M USD. Net income FY2025 5.08M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue15.52M USD48.52M USD57.72M USD47.76M USD98.75M USD
Cost of goods sold15.23M USD47.06M USD54.62M USD47.23M USD29.52M USD
Gross profit287K USD1.46M USD3.1M USD9.03M USD69.22M USD
Selling, general, and administrative9.36M USD3.81M USD5.39M USD17.38M USD7.11M USD
Operating expenses10.06M USD16.78M USD22.84M USD40.37M USD14.32M USD
Interest expense4.2M USD6.81M USD11.56M USD22.66M USD2.94M USD
Depreciation and amortization3.15M USD14.91M USD20.13M USD23.77M USD15.32M USD
Operating income−9.77M USD−15.33M USD−19.74M USD−22.09M USD54.9M USD
Net income5.08M USD−55.1M USD−34.64M USD−228.96M USD39.07M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
60%
3 beats, 2 misses, 0 met estimates
Average EPS surprise
-581.78%
5 comparable reports
Latest EPS result
39.9
Estimate -65.22 · Beat by 161.18%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates71.3722.47-26.44-75.34Q2 '24MissQ3 '24MissQ4 '24BeatQ2 '25No estimateQ2 '25EstimateQ3 '25No estimateQ2 '26BeatQ3 '26Estimate
Q2 2024, reported Apr 30, 2024: actual -0.01, estimate -0.006, surprise -69.78%, Miss. Q3 2024, reported Aug 28, 2024: actual -0.204, estimate -0.006, surprise -3119.12%, Miss. Q4 2024, reported Nov 20, 2024: actual -0.01, estimate -0.053, surprise +80.85%, Beat. Q2 2025, reported Apr 24, 2025: actual -0.026, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 30, 2025: actual —, estimate -0.011, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual -0.007, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 21, 2026: actual 39.9, estimate -65.22, surprise +161.18%, Beat. Q3 2026, reported Sep 2, 2026: actual —, estimate 61.25, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates37.76M26.47M15.18M3.89MQ2 '24BeatQ3 '24MissQ4 '24MissQ2 '25BeatQ2 '25EstimateQ3 '25No estimateQ2 '26MissQ3 '26Estimate
Q2 2024, reported Apr 30, 2024: actual 16.84M USD, estimate 14.15M USD, surprise +18.97%, Beat. Q3 2024, reported Aug 28, 2024: actual 9.81M USD, estimate 11.11M USD, surprise -11.73%, Miss. Q4 2024, reported Nov 20, 2024: actual 7.46M USD, estimate 7.99M USD, surprise -6.68%, Miss. Q2 2025, reported Apr 24, 2025: actual 11.8M USD, estimate 7.99M USD, surprise +47.67%, Beat. Q2 2025, reported Apr 30, 2025: actual —, estimate 8.07M USD, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual 4.58M USD, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 21, 2026: actual 9.21M USD, estimate 35.3M USD, surprise -73.93%, Miss. Q3 2026, reported Sep 2, 2026: actual —, estimate 35.3M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$621

20327.63% upside
Past 12 months12-month forecastHigh $1,728Average $621Low $216

Rating distribution

5 ratings
Strong buy00%
Buy120%
Hold480%
Sell00%
Strong sell00%

Recent analyst actions

3 institutions
Compass PointmaintainBuy

ARBK news

Corporate actions

Corporate action history

Stock split

Effective Dec 12, 2025

1:216

ARBK peers

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