Bitcoin Depot (BTMWW) Accumulated Expenses (2021 - 2025)
Bitcoin Depot recorded quarterly Accumulated Expenses of $41.1 million in Q4 2025, up 111.8% quarter-over-quarter from $19.4 million in Q3 2025, and up 187.88% year-over-year from $14.3 million in Q4 2024.
Bitcoin Depot's Accumulated Expenses history runs 5 years deep, the most recent figure standing at $41.1 million for Q4 2025.
- In Q4 2025, Accumulated Expenses rose 187.88% year-over-year to $41.1 million; the TTM figure through Dec 2025 stood at $41.1 million (up 187.88% YoY), while the FY2025 annual figure was $41.1 million, up 187.88% from the prior year.
- Accumulated Expenses came in at $41.1 million for Q4 2025 at Bitcoin Depot, up from $19.4 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $41.1 million in Q4 2025 to a low of $70000.0 in Q1 2022.
- A 5-year average of $14.8 million and a median of $16.9 million in 2025 frame the typical range for Accumulated Expenses.
- Across the five-year window, Accumulated Expenses jumped 20145.7% in 2023 and slipped 25.49% in 2025, its largest moves.
- Bitcoin Depot's Accumulated Expenses stood at $300000.0 in 2021, then jumped by 3669.67% to $11.3 million in 2022, then soared by 63.63% to $18.5 million in 2023, then declined by 22.94% to $14.3 million in 2024, then soared by 187.88% to $41.1 million in 2025.
- According to Business Quant data, Accumulated Expenses over the past three periods registered $41.1 million, $19.4 million, and $16.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - |
| 10 | Bitcoin Depot | - | - | -368.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 41.05 Mn |
| Sep 30, 2025 | 19.38 Mn |
| Jun 30, 2025 | 16.93 Mn |
| Mar 31, 2025 | 14.06 Mn |
| Dec 31, 2024 | 14.26 Mn |
| Sep 30, 2024 | 20.20 Mn |
| Jun 30, 2024 | 21.59 Mn |
| Mar 31, 2024 | 18.87 Mn |
| Dec 31, 2023 | 18.51 Mn |
| Sep 30, 2023 | 23.35 Mn |
| Jun 30, 2023 | 24.13 Mn |
| Mar 31, 2023 | 4.66 Mn |
| Dec 31, 2022 | 11.31 Mn |
| Sep 30, 2022 | 3.04 Mn |
| Jun 30, 2022 | 119,171.00 |
| Mar 31, 2022 | 70,000.00 |
| Dec 31, 2021 | 300,000.00 |