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Bitcoin Depot Inc.(BTM)Earnings, Financials & Key Ratios
BTM•NASDAQ
$0.49
Price updated Jun 20, 2026
AboutBitcoin Depot Inc. owns and operates a network of cryptocurrency kiosks in North America. It provides users to buy and sell bitcoin, litecoin, and ethereum cryptocurrencies; and engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering and through its website over the counter trade. The company was founded in 2016 and is headquartered in Atlanta, Georgia. Bitcoin Depot Inc. is a subsidiary of BT Assets, Inc.Show more
- EBITDA$51M+50.1%
- Net Income-$6M+47.1%
- EPS (Diluted)-0.81-44.6%
- Gross Margin18.43%+15.6%
- EBITDA Margin8.37%+40.1%
- Operating Margin7.12%+68.8%
- Net Margin-1.01%+50.6%
- ROE-52.26%
BTM Price & Volume
Bitcoin Depot Inc. (BTM) stock price & volume — 10-year historical chart
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Persistent Margin Volatility Obscures Operational Profitability Path
Investment Thesis • Updated 2025Q4
VerdictNegative
Growth:Mixed
Profitability:Strained
Financial:Strained
Cash Flow:Mixed
Primary Risk:Regulatory and compliance headwinds
Key Thesis Takeaways
- Bitcoin Depot faces a challenging outlook characterized by erratic profitability and significant regulatory headwinds that threaten its kiosk-based transaction model.
- While the company has managed to shift from a $23.6 million equity deficit in 2024Q4 to a positive $12.7 million by 2025Q4, this recovery appears driven by capital maneuvers rather than consistent organic growth.
- Investors should remain cautious given the company's reliance on debt financing, evidenced by a 5.53 debt-to-equity ratio, and the potential for further margin compression as compliance costs mount.
Verdict Logic
the company's inability to maintain positive net income, which reached -$22.0 million in 2025Q4, combined with a narrow current ratio of 1.27, suggests significant liquidity and operational risks.
BTM Growth Metrics
Bitcoin Depot Inc. (BTM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years20.19%
3 Years-1.68%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM47.1%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM122.11%
Return on Capital
10 Years52.28%
5 Years56.13%
3 Years76.19%
Last Year82.01%
BTM Recent Earnings
Bitcoin Depot Inc. (BTM) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 2/12 qtrs (18%)●Beat Revenue 7/12 qtrs (64%)
Q2 2026Latest
Mar 16, 2026Metric
Actual
Est
EPS
$1.18-151.1%
$0.47
Rev
$116M+1.8%
$114M
Q4 2025
Nov 13, 2025Metric
Actual
Est
EPS
$0.08+100.0%
$0.04
Rev
$162M+42.6%
$114M
Q3 2025
Aug 12, 2025Metric
Actual
Est
EPS
$0.16-5.9%
$0.17
Rev
$172M+17.1%
$147M
Q2 2025
May 15, 2025Metric
Actual
Est
EPS
$0.20+122.2%
$0.09
Rev
$164M-2.2%
$168M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 16, 2026 | $1.18vs $0.47-151.1% | $116Mvs $114M+1.8% |
| Q4 2025 | Nov 13, 2025 | $0.08vs $0.04+100.0% | $162Mvs $114M+42.6% |
| Q3 2025 | Aug 12, 2025 | $0.16vs $0.17-5.9% | $172Mvs $147M+17.1% |
| Q2 2025 | May 15, 2025 | $0.20vs $0.09+122.2% | $164Mvs $168M-2.2% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Bitcoin Depot Inc. (BTM)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $0.49 | $34.26M | -0.61 | 7.17% | -1.01% | -52.26% | — | |
| $168.87 | $44.49B | 37.95 | 9.4% | 13.78% | 5.68% | — | |
| $1.92 | $32.37M | 4.80 | -1.27% | 10.38% | — | — | |
| $224.29 | $9.9B | 30.23 | 8.04% | 9.14% | 15.91% | — | |
| $16.64 | $214.14M | 33.96 | 10.26% | 1.63% | 4.92% | — | |
| $28.80 | $1.77B | 13.09 | 10.21% | 13.95% | 18.65% | — |
Compare BTM vs Peers
Bitcoin Depot Inc. (BTM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BTM SEC Filings & Documents
Bitcoin Depot Inc. (BTM) SEC filings — annual & quarterly reports (10-K, 10-Q)
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BTM Frequently Asked Questions
Bitcoin Depot Inc. (BTM) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Bitcoin Depot Inc.'s revenue?
Bitcoin Depot Inc. (BTM) reported $614.9M in revenue for fiscal year 2025.
How fast is Bitcoin Depot Inc. growing?
Bitcoin Depot Inc. (BTM) grew revenue by 7.2% over the past year. This is steady growth.
Is BTM profitable?
Bitcoin Depot Inc. (BTM) reported a net loss of $6.2M for fiscal year 2025.
Dividend & Returns
What is BTM's return on equity?
Bitcoin Depot Inc. (BTM) has a return on equity (ROE) of -52.3%. Negative ROE indicates the company is unprofitable.
What is Bitcoin Depot Inc.'s free cash flow?
Bitcoin Depot Inc. (BTM) generated $33.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.