American Bitcoin (ABTC) Operating Expenses (2018 - 2026)
American Bitcoin (ABTC) recorded quarterly Operating Expenses of $33.5 million in Q1 2026, down 1.25% quarter-over-quarter from $33.9 million in Q4 2025, and up 1116833.33% on a YoY basis from N/an in Q1 2025.
American Bitcoin (ABTC) Operating Expenses (2018 - 2026) Analysis & Trends
American Bitcoin's Operating Expenses history runs 9 years deep, the most recent figure standing at $33.5 million for 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 was $33.5 million for Q1 2026 at American Bitcoin, down from $33.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $33.9 million in Q4 2025 to a low of -$28.6 million in Q4 2024.
- Historically, Operating Expenses has averaged $8.0 million across 5 years, with a median of $8.0 million in 2023.
- The sharpest annual moves came in 2023 and 2026: Operating Expenses sank 1525.83% in 2023, then soared 1116833.33% in 2026.
- A 5-year view of Operating Expenses shows it stood at -$1.8 million in 2022, then tumbled by 1525.83% to -$28.5 million in 2023, then slipped by 0.5% to -$28.6 million in 2024, then jumped by 218.44% to $33.9 million in 2025, then slipped 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 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | 386,258.80 |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 13.47 Bn |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 10.43 Bn |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 3.29 Bn |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 656.00 Mn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 381.00 Mn |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 4.45 Bn |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 330.51 Mn |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | 81.75 Mn |
| 10 | American Bitcoin | 865.15 Mn | 855.10 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 |