BitVentures (BVC) Operating Expenses (2020 - 2023)

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

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

BitVentures (BVC) has 4 years of Operating Expenses data on file, last reported at $138.7 million in Q2 2023.

  • On a quarterly basis, Operating Expenses rose 9.27% year-over-year to $138.7 million in Q2 2023; TTM through Dec 2024 was $138.7 million, a 47.78% decrease from a year earlier, with the FY2025 full-year figure at $3.7 million, down 83.69% from the prior year.
  • Operating Expenses for Q2 2023 stood at $138.7 million, up from $126.9 million in the prior quarter.
  • Over the last five years, Operating Expenses for BVC reached as high as $138.7 million in Q2 2023 and fell as low as $39.2 million in Q1 2020.
  • Historically, Operating Expenses has averaged $78.4 million across 4 years, with a median of $61.4 million in 2021.
  • Across the five-year window, Operating Expenses soared 93.57% in 2022 and gained 9.27% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at $42.9 million in 2020, then surged by 52.79% to $65.6 million in 2021, then surged by 93.57% to $126.9 million in 2022, then grew by 9.27% to $138.7 million in 2023.
  • Per Business Quant data, the three most recent Operating Expenses figures were $138.7 million in Q2 2023, $126.9 million in Q2 2022, and $65.6 million in Q2 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -269.42 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 1.16 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 11.28 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 6.22 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 2.66 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 4.23 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 1.25 Bn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 1.04 Bn
10 BitVentures 1.03 Mn 1.03 Mn - -

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