iShares Bitcoin Trust ETF (IBIT) Operating Expenses (2024 - 2026)

iShares Bitcoin Trust ETF (IBIT) has 3 years of Operating Expenses data on file, last reported at $36.7 million in Q1 2026.

• Operating Expenses for Q1 2026 came in at $36.7 million, up 11.64% year-over-year; the trailing twelve-month figure through Mar 2026 was $178.4 million (up 130.99% YoY), and the FY2025 annual result was $174.6 million, up 267.51% from the prior year.
• Operating Expenses eased to $36.7 million in Q1 2026 per IBIT's latest filing, from $49.7 million in the prior quarter.
• Over five years, Operating Expenses peaked at $53.3 million in Q3 2025 and troughed at $3.1 million in Q1 2024.
• A 3-year average of $28.8 million and a median of $32.9 million in 2025 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2025 and 2026: Operating Expenses soared 947.78% in 2025, then increased 11.64% in 2026.
• A 3-year view of Operating Expenses shows it stood at $23.0 million in 2024, then jumped by 116.35% to $49.7 million in 2025, then decreased by 26.2% to $36.7 million in 2026.
• Business Quant data shows IBIT's Operating Expenses at $36.7 million in Q1 2026, $49.7 million in Q4 2025, and $53.3 million in Q3 2025.