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

Bitcoin Depot (BTM) has 4 years of Operating Expenses data on file, last reported at $21.4 million in Q4 2025.

• Quarterly Operating Expenses rose 42.99% year-over-year to $21.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $72.1 million (up 7.22% YoY) and the FY2025 annual result came in at $72.1 million, up 7.22% from the prior year.
• Operating Expenses improved to $21.4 million in Q4 2025 per BTM's latest filing, from $18.3 million in the prior quarter.
• The five-year high for Operating Expenses was $21.4 million in Q4 2025, with the low at $162637.0 in Q1 2022.
• Average Operating Expenses over 4 years is $15.8 million, with a median of $16.7 million recorded in 2024.
• Year-over-year, Operating Expenses soared 8281.86% in 2023 and slipped 15.63% in 2024.
• Bitcoin Depot's Operating Expenses stood at $14.8 million in 2022, then grew by 20.1% to $17.8 million in 2023, then fell by 15.63% to $15.0 million in 2024, then soared by 42.99% to $21.4 million in 2025.
• Business Quant data shows BTM's Operating Expenses at $21.4 million in Q4 2025, $18.3 million in Q3 2025, and $17.0 million in Q2 2025.