American Bitcoin (ABTC) Cost of Revenue (2018 - 2026)
American Bitcoin (ABTC) posted quarterly Cost of Revenue of $107.1 million for Q2 2026, up 598.23% year-over-year from $15.3 million in Q2 2025, and down 28.95% on a QoQ basis from $150.7 million in Q1 2026.
American Bitcoin (ABTC) Cost of Revenue (2018 - 2026) Analysis & Trends
American Bitcoin has reported Cost of Revenue for 9 years, with the latest figure at $107.1 million in Q2 2026.
- Cost of Revenue for Q2 2026 came in at $107.1 million, up 598.23% year-over-year; the trailing twelve-month figure through Jun 2026 was $432.8 million (down 4.78% YoY), and the FY2025 annual result was $321.2 million, down 28.96% from the prior year.
- Cost of Revenue eased to $107.1 million in Q2 2026, from $150.7 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $292.4 million in Q4 2024 and troughed at $736447.0 in Q4 2022.
- A 5-year average of $52.4 million and a median of $8.0 million in 2024 frame the typical range for Cost of Revenue.
- The widest annual swing landed in 2022, when Cost of Revenue sank 64.83%; it then jumped 4525.86% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $736447.0 in 2022, then jumped by 4525.86% to $34.1 million in 2023, then soared by 758.19% to $292.4 million in 2024, then tumbled by 49.99% to $146.2 million in 2025, then decreased by 26.76% to $107.1 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $107.1 million in Q2 2026, $150.7 million in Q1 2026, and $146.2 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | - |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 104.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | - |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 412.47 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 93.63 Mn |
| 10 | American Bitcoin | 611.89 Mn | 588.54 Mn | -40.07 Mn | 107.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 107.09 Mn |
| Jun 30, 2026 | 107.09 Mn |
| Mar 31, 2026 | 29.60 Mn |
| Mar 31, 2026 | 29.60 Mn |
| Dec 31, 2025 | -82.94 Mn |
| Dec 31, 2025 | -82.94 Mn |
| Sep 30, 2025 | 28.74 Mn |
| Sep 30, 2025 | 28.74 Mn |
| Jun 30, 2025 | 1.61 Mn |
| Jun 30, 2025 | 1.61 Mn |
| Mar 31, 2025 | 11.65 Mn |
| Mar 31, 2025 | 11.65 Mn |
| Dec 31, 2024 | -64,000.00 |
| Dec 31, 2024 | -64,000.00 |
| Sep 30, 2024 | 10.68 Mn |
| Sep 30, 2024 | 10.68 Mn |
| Jun 30, 2024 | 3.80 Mn |
| Jun 30, 2024 | 3.80 Mn |
| Mar 31, 2024 | 4.84 Mn |
| Mar 31, 2024 | 4.84 Mn |