American Bitcoin (ABTC) Operating Expenses (2018 - 2026)
American Bitcoin (ABTC) posted Operating Expenses of $107.09 million for Q2 2026, up 914.5% from $10.56 million a year earlier but down 28.9% from the prior quarter.
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Analysis
American Bitcoin (ABTC) Operating Expenses (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at American Bitcoin was $432.76 million; for FY2025, it came in at $321.15 million.
- Annual Operating Expenses shows a five-year compound annual growth rate of 73.5% (FY2020 to FY2025).
- In prior years, American Bitcoin's Operating Expenses was -$452.07 million in FY2024, $15.14 million in FY2023 (-68.9%), $48.63 million in FY2022 (+12.3%) and $43.3 million in FY2021 (+112.0%).
- Quarterly Operating Expenses has run from a low of -$292.36 million in Q4 2024 to a high of $150.72 million in Q1 2026 over five years.
- On a year-over-year basis, Operating Expenses increased in three of the last five quarters, with growth averaging 212.1%.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q2 2026, with growth of 914.5%; the weakest was Q1 2023, with a decline of 70.1%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $150.72 million (Q1 2026), $146.21 million (Q4 2025) and $28.74 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.10 Bn | 8.33 Bn | - | 7.26 Bn |
| 2 | Block | 47.00 Bn | 18.29 Bn | 3.17 Bn | 2.72 Bn |
| 3 | Coinbase Global | 45.03 Bn | 1.83 Bn | - | 1.33 Bn |
| 4 | Corpay | 26.78 Bn | 16.67 Bn | - | 260.40 Mn |
| 5 | Fiserv | 25.66 Bn | 22.33 Bn | 2.90 Bn | 4.28 Bn |
| 6 | Global Payments | 23.03 Bn | 820.19 Mn | 2.03 Bn | 2.98 Bn |
| 7 | Guidewire Software | 15.20 Bn | 11.77 Bn | 269.68 Mn | 207.36 Mn |
| 8 | Bitmine Immersion Technologies | 12.56 Bn | 9.94 Bn | 40.81 Mn | 52.67 Mn |
| 9 | Chime Financial | 11.67 Bn | 7.46 Bn | 594.87 Mn | 573.55 Mn |
| 10 | American Bitcoin | 556.85 Mn | 516.64 Mn | 33.01 Mn | 107.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 107.09 Mn |
| Mar 31, 2026 | 150.72 Mn |
| Dec 31, 2025 | 146.21 Mn |
| Sep 30, 2025 | 28.74 Mn |
| Jun 30, 2025 | 10.56 Mn |
| Mar 31, 2025 | 135.64 Mn |
| Dec 31, 2024 | -292.36 Mn |
| Sep 30, 2024 | 10.68 Mn |
| Jun 30, 2024 | 11.38 Mn |
| Mar 31, 2024 | 9.05 Mn |
| Dec 31, 2023 | -14.13 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 |
API Access
American Bitcoin Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=ABTC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "ABTC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=ABTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();