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

Bitcoin Depot (BTMWQ) posted Operating Expenses of $21.4 million for Q4 2025, up 16.8% sequentially from $18.3 million in Q3 2025, and up 42.99% YoY from $15.0 million in Q4 2024.

Bitcoin Depot (BTMWQ) Operating Expenses (2022 - 2025) Analysis & Trends

Bitcoin Depot (BTMWQ) 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 BTMWQ'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 BTMWQ's Operating Expenses at $21.4 million in Q4 2025, $18.3 million in Q3 2025, and $17.0 million in Q2 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Dec 31, 2025 21.43 Mn
Sep 30, 2025 18.34 Mn
Jun 30, 2025 16.98 Mn
Mar 31, 2025 15.34 Mn
Dec 31, 2024 14.98 Mn
Sep 30, 2024 16.94 Mn
Jun 30, 2024 18.75 Mn
Mar 31, 2024 16.55 Mn
Dec 31, 2023 17.76 Mn
Sep 30, 2023 19.50 Mn
Jun 30, 2023 19.67 Mn
Mar 31, 2023 13.63 Mn
Dec 31, 2022 14.79 Mn
Sep 30, 2022 16.46 Mn
Jun 30, 2022 12.04 Mn
Mar 31, 2022 162,637.00