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.

• On a quarterly basis, Operating Expenses rose 11.64% year-over-year to $36.7 million in Q1 2026; TTM through Mar 2026 was $178.4 million, a 130.99% increase from a year earlier, with the FY2025 full-year figure at $174.6 million, up 267.51% from the prior year.
• Operating Expenses for Q1 2026 stood at $36.7 million, down from $49.7 million in the prior quarter.
• Over the last five years, Operating Expenses for IBIT reached as high as $53.3 million in Q3 2025 and fell as low as $3.1 million in Q1 2024.
• Historically, Operating Expenses has averaged $28.8 million across 3 years, with a median of $32.9 million in 2025.
• Across the five-year window, Operating Expenses jumped 947.78% in 2025 and climbed 11.64% in 2026, its largest moves.
• Year by year, Operating Expenses stood at $23.0 million in 2024, then jumped by 116.35% to $49.7 million in 2025, then declined by 26.2% to $36.7 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $36.7 million in Q1 2026, $49.7 million in Q4 2025, and $53.3 million in Q3 2025.