American Bitcoin (ABTC) Operating Expenses (2018 - 2026)
American Bitcoin (ABTC) posted quarterly Operating Expenses of $33.5 million for Q1 2026, up 1116833.33% year-over-year from N/an in Q1 2025, and down 1.25% on a QoQ basis from $33.9 million in Q4 2025.
American Bitcoin (ABTC) Operating Expenses (2018 - 2026) Analysis & Trends
American Bitcoin (ABTC) has reported Operating Expenses for 9 consecutive years, with $33.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 1116833.33% year-over-year to $33.5 million; the TTM figure through Mar 2026 stood at $94.3 million (up 1259.63% YoY), while the FY2025 annual figure was $91.6 million, up 9910.27% from the prior year.
- Operating Expenses came in at $33.5 million for Q1 2026 at American Bitcoin, down from $33.9 million in the prior quarter.
- The five-year high for Operating Expenses was $33.9 million in Q4 2025, with the low at -$28.6 million in Q4 2024.
- Average Operating Expenses over 5 years is $8.0 million, with a median of $8.0 million recorded in 2023.
- Across the five-year window, Operating Expenses slumped 1525.83% in 2023 and soared 1116833.33% in 2026, its largest moves.
- Year by year, Operating Expenses stood at -$1.8 million in 2022, then plunged by 1525.83% to -$28.5 million in 2023, then fell by 0.5% to -$28.6 million in 2024, then jumped by 218.44% to $33.9 million in 2025, then fell by 1.25% to $33.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $33.5 million, $33.9 million, and $23.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 13.47 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 10.43 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 3.29 Bn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -200.78 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 656.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 4.45 Bn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 330.51 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 242.35 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 81.75 Mn |
| 10 | American Bitcoin | 631.05 Mn | 621.00 Mn | 32.52 Mn | 33.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.51 Mn |
| Dec 31, 2025 | 33.93 Mn |
| Sep 30, 2025 | 23.25 Mn |
| Jun 30, 2025 | 3.61 Mn |
| Mar 31, 2025 | 3,000.00 |
| Dec 31, 2024 | -28.65 Mn |
| Sep 30, 2024 | 9.13 Mn |
| Jun 30, 2024 | 11.38 Mn |
| Mar 31, 2024 | 330,000.00 |
| Dec 31, 2023 | -28.51 Mn |
| Sep 30, 2023 | 14.68 Mn |
| Jun 30, 2023 | 7.97 Mn |
| Mar 31, 2023 | 6.76 Mn |
| Dec 31, 2022 | -1.75 Mn |
| Sep 30, 2022 | 5.30 Mn |
| Jun 30, 2022 | 22.47 Mn |
| Mar 31, 2022 | 22.62 Mn |
| Dec 31, 2021 | 21.31 Mn |
| Sep 30, 2021 | 6.88 Mn |
| Jun 30, 2021 | 9.04 Mn |