BitVentures BVC
NASDAQ BVC
$15.71 +0.32 (+2.08%)
At close: Sep 4, 2026 · 4:00 PM EDT

BitVentures (BVC) Operating Expenses (2020 - 2023)

BitVentures' (BVC) quarterly Operating Expenses came in at $138.7 million in Q2 2023, up 9.27% year-over-year from $126.9 million in Q2 2022, and up 9.27% quarter-over-quarter from $126.9 million in Q2 2022.

Analysis

BitVentures (BVC) Operating Expenses (2020 - 2023) Analysis & Trends

BitVentures (BVC) has reported Operating Expenses for 4 consecutive years, with $138.7 million the latest figure, recorded in Q2 2023.

  • On a quarterly basis, Operating Expenses rose 9.27% year-over-year to $138.7 million in Q2 2023; TTM through Jun 2023 was $388.4 million, a 32.73% increase from a year earlier, with the FY2025 full-year figure at $3.7 million, down 83.69% from the prior year.
  • Operating Expenses was $138.7 million for Q2 2023 at BitVentures, up from $126.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $138.7 million in Q2 2023 and troughed at $39.2 million in Q1 2020.
  • A 4-year average of $78.4 million and a median of $61.4 million in 2021 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses jumped 93.57% in 2022 and advanced 9.27% in 2023, its largest moves.
  • Over 4 years, Operating Expenses stood at $42.9 million in 2020, then jumped by 52.79% to $65.6 million in 2021, then jumped by 93.57% to $126.9 million in 2022, then rose by 9.27% to $138.7 million in 2023.
  • The last three Operating Expenses figures came in at $138.7 million (Q2 2023), $126.9 million (Q2 2022), and $65.6 million (Q2 2021), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Marsh & Mclennan Companies 88.77 Bn 76.82 Bn 6.04 Bn 5.51 Bn
2 Aon 68.55 Bn 67.31 Bn - 3.33 Bn
3 Arthur J. Gallagher 67.32 Bn 65.96 Bn - 3.59 Bn
4 Willis Towers Watson 31.09 Bn 29.51 Bn 2.09 Bn 2.10 Bn
5 Brown & Brown 23.57 Bn 22.68 Bn 1.41 Bn 1.29 Bn
6 XChange TEC.INC 19.63 Bn 19.63 Bn - -
7 Erie Indemnity 11.68 Bn 11.33 Bn - 885.67 Mn
8 Ryan Specialty Holdings 10.71 Bn 11.08 Bn - 736.33 Mn
9 Hagerty 4.65 Bn 4.78 Bn 244.11 Mn 352.59 Mn
10 BitVentures 69.23 Mn 69.23 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2023 138.69 Mn
Jun 30, 2022 126.92 Mn
Jun 30, 2021 65.57 Mn
Mar 31, 2021 57.24 Mn
Jun 30, 2020 42.92 Mn
Mar 31, 2020 39.15 Mn