BitVentures (BVC) Operating Expenses (2020 - 2023)
BitVentures (BVC) posted quarterly Operating Expenses of $138.7 million for 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.
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.
- In Q2 2023, Operating Expenses rose 9.27% year-over-year to $138.7 million; the TTM figure through Dec 2024 stood at $138.7 million (down 47.78% YoY), while the FY2025 annual figure was $3.7 million, down 83.69% from the prior year.
- Operating Expenses advanced to $138.7 million in Q2 2023 per BVC's latest filing, from $126.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $138.7 million in Q2 2023 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 93.57% — and 2023, when it climbed 9.27%.
- BitVentures' Operating Expenses stood at $42.9 million in 2020, then soared by 52.79% to $65.6 million in 2021, then soared by 93.57% to $126.9 million in 2022, then advanced by 9.27% to $138.7 million in 2023.
- Business Quant data shows BVC's Operating Expenses at $138.7 million in Q2 2023, $126.9 million in Q2 2022, and $65.6 million in Q2 2021.
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Peer Comparison
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|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | BitVentures | 67.11 Mn | 67.11 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |