American Bitcoin (ABTC) Operating Expenses (2018 - 2026)
American Bitcoin (ABTC) posted Operating Expenses of $35.9 million for Q2 2026, up 7.06% on a QoQ basis from $33.5 million in Q1 2026, and up 893.96% year-over-year from $3.6 million in Q2 2025.
Analysis
American Bitcoin (ABTC) Operating Expenses (2018 - 2026) Analysis & Trends
American Bitcoin has reported Operating Expenses for 9 years, with the latest figure at $35.9 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 893.96% year-over-year to $35.9 million in Q2 2026; TTM through Jun 2026 was $126.6 million, a 344.27% increase from a year earlier, with the FY2025 full-year figure at $91.6 million, up 139.24% from the prior year.
- Operating Expenses was $35.9 million for Q2 2026 at American Bitcoin, up from $33.5 million in the prior quarter.
- The five-year high for Operating Expenses was $35.9 million in Q2 2026, with the low at -$1.8 million in Q4 2022.
- Average Operating Expenses over 5 years is $14.7 million, with a median of $10.3 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses sank 108.23% in 2022, then jumped 893.96% in 2026.
- Over 5 years, Operating Expenses stood at -$1.8 million in 2022, then surged by 775.15% to $11.8 million in 2023, then fell by 26.33% to $8.7 million in 2024, then soared by 289.08% to $33.9 million in 2025, then advanced by 5.72% to $35.9 million in 2026.
- The last three Operating Expenses figures came in at $35.9 million (Q2 2026), $33.5 million (Q1 2026), and $33.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.68 Bn | 56.34 Bn | 40.81 Mn | 52.67 Mn |
| 2 | Iren | 35.52 Bn | 27.95 Bn | 103.89 Mn | 128.25 Mn |
| 3 | Hut 8 | 12.16 Bn | 5.68 Bn | 48.04 Mn | 78.04 Mn |
| 4 | Riot Platforms | 8.98 Bn | 8.43 Bn | 84.97 Mn | 413.67 Mn |
| 5 | Argo Blockchain | 5.95 Bn | 5.95 Bn | - | - |
| 6 | MARA Holdings | 5.06 Bn | 4.70 Bn | - | 695.95 Mn |
| 7 | Cleanspark | 3.72 Bn | 3.51 Bn | - | 370.41 Mn |
| 8 | Bitdeer Technologies | 3.06 Bn | 2.59 Bn | -8.53 Mn | -93.21 Mn |
| 9 | Keel Infrastructure | 2.47 Bn | 2.47 Bn | -86.75 Mn | 31.31 Mn |
| 10 | American Bitcoin | 721.97 Mn | 698.62 Mn | -40.07 Mn | 35.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.87 Mn |
| 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 | 7.02 Mn |
| Dec 31, 2024 | 8.72 Mn |
| Sep 30, 2024 | 9.13 Mn |
| Jun 30, 2024 | 11.38 Mn |
| Mar 31, 2024 | 9.05 Mn |
| Dec 31, 2023 | 11.84 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 |