Bitcoin Depot Inc.BTMEarnings & Financial Report
Bitcoin Depot Inc. is one of the largest cryptocurrency ATM operators across North America. It provides retail consumers with accessible in-person kiosks to buy and sell Bitcoin and other leading digital assets, alongside online crypto purchase services via bank transfer. Its self-service kiosks are located in high-traffic retail spaces including grocery stores, gas stations and convenience stores.
Revenue
$179.5M
Gross Profit
N/A
Operating Profit
$7.4M
Net Profit
$-7.1M
Gross Margin
N/A
Operating Margin
4.1%
Net Margin
-4.0%
YoY Growth
2.7%
EPS
$-0.43
Bitcoin Depot Inc. Q3 FY2023 Financial Summary
Bitcoin Depot Inc. reported revenue of $179.5M (up 2.7% YoY) for Q3 FY2023, with a net profit of $-7.1M (-4.0% margin).
Key Financial Metrics
| Total Revenue | $179.5M |
|---|---|
| Net Profit | $-7.1M |
| Gross Margin | N/A |
| Operating Margin | 4.1% |
| Report Period | Q3 FY2023 |
Bitcoin Depot Inc. Annual Revenue by Year
Bitcoin Depot Inc. annual revenue history includes year-by-year totals (for example, 2023 revenue was $689.0M).
| Year | Annual Revenue |
|---|---|
| 2023 | $689.0M |
Bitcoin Depot Inc. Quarterly Revenue & Net Profit History
Bitcoin Depot Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $162.5M | +20.1% | $5.5M | 3.4% |
| Q2 FY2025 | $172.1M | +5.5% | $6.1M | 3.5% |
| Q1 FY2025 | $164.2M | +18.5% | $4.2M | 2.6% |
| Q3 FY2024 | $135.3M | -24.6% | $-939.0K | -0.7% |
| Q2 FY2024 | $163.1M | -17.4% | $-2.6M | -1.6% |
| Q1 FY2024 | $138.5M | -15.3% | $-1.5M | -1.1% |
| Q4 FY2023 | $148.4M | — | $-8.3M | -5.6% |
| Q3 FY2023 | $179.5M | +2.7% | $-7.1M | -4.0% |
Income Statement
| Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $179.5M | $148.4M | $138.5M | $163.1M | $135.3M | $164.2M | $172.1M | $162.5M |
| YoY Growth | 2.7% | N/A | -15.3% | -17.4% | -24.6% | 18.5% | 5.5% | 20.1% |
Balance Sheet
| Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $78.5M | $74.3M | $90.1M | $97.5M | $87.4M | $89.7M | $109.1M | $125.3M |
| Liabilities | $71.9M | $65.0M | $85.1M | $93.1M | $95.3M | $94.3M | $104.4M | $104.3M |
| Equity | $6.6M | N/A | $5.0M | $4.4M | $-7.9M | $-4.6M | $4.7M | $21.0M |
Cash Flow
| Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $7.0M | $7.5M | $1.3M | $10.1M | $5.8M | $16.3M | $10.2M | $6.6M |