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Bitcoin Depot (BTM) Operating Expenses (2022 - 2025)

Bitcoin Depot (BTM) has disclosed Operating Expenses for 4 consecutive years, with $21.4 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 42.99% to $21.4 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $72.1 million through Dec 2025, up 7.22% year-over-year, with the annual reading at $72.1 million for FY2025, 7.22% up from the prior year.
  • Operating Expenses hit $21.4 million in Q4 2025 for Bitcoin Depot, up from $18.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $21.4 million in Q4 2025 to a low of $162637.0 in Q1 2022.
  • Historically, Operating Expenses has averaged $15.8 million across 4 years, with a median of $16.7 million in 2024.
  • Biggest five-year swings in Operating Expenses: skyrocketed 8281.86% in 2023 and later dropped 15.63% in 2024.
  • Year by year, Operating Expenses stood at $14.8 million in 2022, then rose by 20.1% to $17.8 million in 2023, then decreased by 15.63% to $15.0 million in 2024, then surged by 42.99% to $21.4 million in 2025.
  • Business Quant data shows Operating Expenses for BTM at $21.4 million in Q4 2025, $18.3 million in Q3 2025, and $17.0 million in Q2 2025.