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

Bitcoin Depot's Operating Expenses history spans 4 years, with the latest figure at $18.3 million for Q3 2025.

  • For Q3 2025, Operating Expenses rose 8.29% year-over-year to $18.3 million; the TTM value through Sep 2025 reached $65.6 million, down 16.31%, while the annual FY2024 figure was $67.2 million, 4.72% down from the prior year.
  • Operating Expenses for Q3 2025 was $18.3 million at Bitcoin Depot, up from $17.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $26.2 million in Q4 2023 and bottomed at $162637.0 in Q1 2022.
  • The 4-year median for Operating Expenses is $16.6 million (2024), against an average of $14.9 million.
  • The largest annual shift saw Operating Expenses soared 1176.03% in 2023 before it plummeted 42.78% in 2024.
  • A 4-year view of Operating Expenses shows it stood at $14.8 million in 2022, then soared by 77.08% to $26.2 million in 2023, then crashed by 42.78% to $15.0 million in 2024, then rose by 22.42% to $18.3 million in 2025.
  • Per Business Quant, the three most recent readings for BTM's Operating Expenses are $18.3 million (Q3 2025), $17.0 million (Q2 2025), and $15.3 million (Q1 2025).