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Bitfarms (BITF) Operating Expenses: 2020-2024

Historic Operating Expenses for Bitfarms (BITF) over the last 5 years, with Dec 2024 value amounting to $71.2 million.

  • Bitfarms' Operating Expenses rose 32.69% to -$17.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $59.9 billion, marking a year-over-year increase of 159892.62%. This contributed to the annual value of $71.2 million for FY2024, which is 81.31% up from last year.
  • Per Bitfarms' latest filing, its Operating Expenses stood at $71.2 million for FY2024, which was up 81.31% from $39.3 million recorded in FY2023.
  • Over the past 5 years, Bitfarms' Operating Expenses peaked at $71.2 million during FY2024, and registered a low of $751,000 during FY2021.
  • For the 3-year period, Bitfarms' Operating Expenses averaged around $37.8 million, with its median value being $39.3 million (2023).
  • Its Operating Expenses has fluctuated over the past 5 years, first slumped by 90.90% in 2021, then soared by 1,301.78% in 2023.
  • Yearly analysis of 5 years shows Bitfarms' Operating Expenses stood at $8.2 million in 2020, then tumbled by 90.90% to $751,000 in 2021, then spiked by 273.24% to $2.8 million in 2022, then soared by 1,301.78% to $39.3 million in 2023, then skyrocketed by 81.31% to $71.2 million in 2024.