Growth Metrics

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 🔒
DateValue
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