American Bitcoin (ABTC) Operating Expenses (2018 - 2026)
American Bitcoin's quarterly Operating Expenses came in at $33.5 million in Q1 2026, up 1116833.33% year-on-year from N/an in Q1 2025, and down 1.25% quarter-over-quarter from $33.9 million in Q4 2025.
American Bitcoin has reported Operating Expenses for 9 years, with the latest figure at $33.5 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 1116833.33% year-over-year to $33.5 million; the trailing twelve-month figure through Mar 2026 stood at $94.3 million (up 1259.63% YoY), and the FY2025 full-year result was $91.6 million, up 9910.27% from the prior year.
- Operating Expenses for Q1 2026 stood at $33.5 million, 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.
- Year-over-year, Operating Expenses sank 1525.83% in 2023 and surged 1116833.33% in 2026.
- Tracing ABTC's Operating Expenses over 5 years: stood at -$1.8 million in 2022, then slumped by 1525.83% to -$28.5 million in 2023, then dropped by 0.5% to -$28.6 million in 2024, then surged by 218.44% to $33.9 million in 2025, then dropped by 1.25% to $33.5 million in 2026.
- The last three Operating Expenses figures came in at $33.5 million (Q1 2026), $33.9 million (Q4 2025), and $23.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 13.47 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 10.43 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 3.29 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 656.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 381.00 Mn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 242.35 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 4.45 Bn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 81.75 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 330.51 Mn |
| 10 | American Bitcoin | 1.11 Bn | 1.10 Bn | 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 |
| Mar 31, 2021 | 6.07 Mn |
| Dec 31, 2020 | 20.42 Mn |
| Sep 30, 2020 | 7.50 Mn |
| Jun 30, 2020 | 7.37 Mn |
| Mar 31, 2020 | 6.55 Mn |
| Dec 31, 2019 | 6.06 Mn |
| Sep 30, 2019 | 4.21 Mn |
| Jun 30, 2019 | 8.38 Mn |
| Mar 31, 2019 | 3.66 Mn |
| Dec 31, 2018 | 3.70 Mn |
| Sep 30, 2018 | 2.95 Mn |
| Jun 30, 2018 | 1.80 Mn |