American Bitcoin (ABTC) Operating Expenses (2018 - 2026)
American Bitcoin (ABTC) posted quarterly Operating Expenses of $7.7 million for Q2 2026, up 112.58% year-over-year from $3.6 million in Q2 2025, and up 11.06% on a QoQ basis from $6.9 million in Q1 2026.
American Bitcoin (ABTC) Operating Expenses (2018 - 2026) Analysis & Trends
American Bitcoin has reported Operating Expenses for 9 years, with the latest figure at $7.7 million in Q2 2026.
- Operating Expenses for Q2 2026 came in at $7.7 million, up 112.58% year-over-year; the trailing twelve-month figure through Jun 2026 was $30.0 million (up 5.18% YoY), and the FY2025 annual result was $33.4 million, down 12.78% from the prior year.
- Operating Expenses grew to $7.7 million in Q2 2026, from $6.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $22.6 million in Q1 2022 and troughed at -$1.8 million in Q4 2022.
- A 5-year average of $9.4 million and a median of $8.0 million in 2023 frame the typical range for Operating Expenses.
- The widest annual swing landed in 2022, when Operating Expenses sank 108.23%; it then soared 775.15% in 2023.
- A 5-year view of Operating Expenses shows it stood at -$1.8 million in 2022, then soared by 775.15% to $11.8 million in 2023, then dropped by 26.33% to $8.7 million in 2024, then dropped by 15.93% to $7.3 million in 2025, then rose by 4.64% to $7.7 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $7.7 million in Q2 2026, $6.9 million in Q1 2026, and $7.3 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 13.90 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 11.67 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 3.40 Bn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 734.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 440.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 4.67 Bn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 313.68 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 254.49 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -200.78 Mn |
| 10 | American Bitcoin | 611.89 Mn | 588.54 Mn | -40.07 Mn | 35.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.67 Mn |
| Mar 31, 2026 | 6.91 Mn |
| Dec 31, 2025 | 7.33 Mn |
| Sep 30, 2025 | 8.05 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 |