Growth Metrics

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

Bitcoin Depot's Operating Expenses history spans 4 years, with the latest figure at $21.4 million for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 42.99% to $21.4 million in Q4 2025 year-over-year; TTM through Dec 2025 was $72.1 million, a 7.22% increase, with the full-year FY2025 number at $72.1 million, up 7.22% from a year prior.
  • Operating Expenses hit $21.4 million in Q4 2025 for Bitcoin Depot, up from $18.3 million in the prior quarter.
  • Over the last five years, Operating Expenses for BTM hit a ceiling of $21.4 million in Q4 2025 and a floor 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.
  • Tracing BTM's Operating Expenses over 4 years: stood at $14.8 million in 2022, then increased by 20.1% to $17.8 million in 2023, then dropped by 15.63% to $15.0 million in 2024, then skyrocketed 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.