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

Bitcoin Depot has disclosed Operating Expenses across 4 years of filings, most recently posting $21.4 million for Q4 2025.

• In Q4 2025, Operating Expenses rose 42.99% year-over-year to $21.4 million; the TTM figure through Dec 2025 stood at $72.1 million (up 7.22% YoY), while the FY2025 annual figure was $72.1 million, up 7.22% from the prior year.
• Operating Expenses came in at $21.4 million for Q4 2025 at 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.
• 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 fell 15.63% in 2024.
• Over 4 years, Operating Expenses stood at $14.8 million in 2022, then gained by 20.1% to $17.8 million in 2023, then slipped by 15.63% to $15.0 million in 2024, then soared by 42.99% to $21.4 million in 2025.
• Per Business Quant data, the three most recent Operating Expenses figures were $21.4 million in Q4 2025, $18.3 million in Q3 2025, and $17.0 million in Q2 2025.