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Side-by-side financial comparison of Atlas Energy Solutions Inc. (AESI) and Bitcoin Depot Inc. (BTM). Click either name above to swap in a different company.

Atlas Energy Solutions Inc. is the larger business by last-quarter revenue ($265.6M vs $162.5M, roughly 1.6× Bitcoin Depot Inc.). Bitcoin Depot Inc. runs the higher net margin — 3.4% vs 0.5%, a 3.0% gap on every dollar of revenue. On growth, Bitcoin Depot Inc. posted the faster year-over-year revenue change (20.1% vs -10.8%). Over the past eight quarters, Atlas Energy Solutions Inc.'s revenue compounded faster (-3.9% CAGR vs -4.9%).

Atlas Copco Group is a Swedish multinational industrial company. It manufactures compressors, vacuum equipment, pumps, generators, assembly tools, quality assurance equipment and other products and systems for industrial applications and mobile power generation. The products are sold in around 180 countries.

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.

AESI vs BTM — Head-to-Head

Bigger by revenue
AESI
AESI
1.6× larger
AESI
$265.6M
$162.5M
BTM
Growing faster (revenue YoY)
BTM
BTM
+30.9% gap
BTM
20.1%
-10.8%
AESI
Higher net margin
BTM
BTM
3.0% more per $
BTM
3.4%
0.5%
AESI
Faster 2-yr revenue CAGR
AESI
AESI
Annualised
AESI
-3.9%
-4.9%
BTM

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
AESI
AESI
BTM
BTM
Revenue
$265.6M
$162.5M
Net Profit
$1.2M
$5.5M
Gross Margin
2.4%
Operating Margin
7.3%
Net Margin
0.5%
3.4%
Revenue YoY
-10.8%
20.1%
Net Profit YoY
690.4%
EPS (diluted)
$0.01
$0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AESI
AESI
BTM
BTM
Q1 26
$265.6M
Q4 25
$249.4M
Q3 25
$259.6M
$162.5M
Q2 25
$288.7M
$172.1M
Q1 25
$297.6M
$164.2M
Q4 24
$271.3M
Q3 24
$304.4M
$135.3M
Q2 24
$287.5M
$163.1M
Net Profit
AESI
AESI
BTM
BTM
Q1 26
$1.2M
Q4 25
$-22.2M
Q3 25
$-23.7M
$5.5M
Q2 25
$-5.6M
$6.1M
Q1 25
$1.2M
$4.2M
Q4 24
$14.4M
Q3 24
$3.9M
$-939.0K
Q2 24
$14.8M
$-2.6M
Gross Margin
AESI
AESI
BTM
BTM
Q1 26
2.4%
Q4 25
8.1%
Q3 25
9.2%
Q2 25
18.1%
Q1 25
18.3%
Q4 24
18.4%
Q3 24
17.4%
Q2 24
21.0%
Operating Margin
AESI
AESI
BTM
BTM
Q1 26
Q4 25
-6.0%
Q3 25
-7.1%
7.3%
Q2 25
2.5%
9.2%
Q1 25
5.2%
10.8%
Q4 24
11.3%
Q3 24
5.0%
4.1%
Q2 24
9.8%
4.7%
Net Margin
AESI
AESI
BTM
BTM
Q1 26
0.5%
Q4 25
-8.9%
Q3 25
-9.1%
3.4%
Q2 25
-1.9%
3.5%
Q1 25
0.4%
2.6%
Q4 24
5.3%
Q3 24
1.3%
-0.7%
Q2 24
5.2%
-1.6%
EPS (diluted)
AESI
AESI
BTM
BTM
Q1 26
$0.01
Q4 25
$-0.19
Q3 25
$-0.19
$0.08
Q2 25
$-0.04
$0.16
Q1 25
$0.01
$0.20
Q4 24
$0.12
Q3 24
$0.04
$-0.05
Q2 24
$0.13
$-0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AESI
AESI
BTM
BTM
Cash + ST InvestmentsLiquidity on hand
$39.8M
$59.3M
Total DebtLower is stronger
$65.6M
$67.5M
Stockholders' EquityBook value
$1.2B
$21.0M
Total Assets
$2.3B
$125.3M
Debt / EquityLower = less leverage
0.06×
3.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AESI
AESI
BTM
BTM
Q1 26
$39.8M
Q4 25
Q3 25
$59.3M
Q2 25
$48.0M
Q1 25
$35.0M
Q4 24
Q3 24
$32.2M
Q2 24
$43.9M
Total Debt
AESI
AESI
BTM
BTM
Q1 26
$65.6M
Q4 25
$604.2M
Q3 25
$529.1M
$67.5M
Q2 25
$533.8M
$66.5M
Q1 25
$538.5M
$56.2M
Q4 24
$0
Q3 24
$180.0M
$44.5M
Q2 24
$180.0M
$41.2M
Stockholders' Equity
AESI
AESI
BTM
BTM
Q1 26
$1.2B
Q4 25
$1.2B
Q3 25
$1.2B
$21.0M
Q2 25
$1.3B
$4.7M
Q1 25
$1.3B
$-4.6M
Q4 24
$1.0B
Q3 24
$1.0B
$-7.9M
Q2 24
$1.1B
$4.4M
Total Assets
AESI
AESI
BTM
BTM
Q1 26
$2.3B
Q4 25
$2.2B
Q3 25
$2.2B
$125.3M
Q2 25
$2.2B
$109.1M
Q1 25
$2.3B
$89.7M
Q4 24
$2.0B
Q3 24
$2.0B
$87.4M
Q2 24
$2.0B
$97.5M
Debt / Equity
AESI
AESI
BTM
BTM
Q1 26
0.06×
Q4 25
0.50×
Q3 25
0.43×
3.21×
Q2 25
0.42×
14.18×
Q1 25
0.41×
Q4 24
0.00×
Q3 24
0.17×
Q2 24
0.17×
9.27×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AESI
AESI
BTM
BTM
Operating Cash FlowLast quarter
$6.6M
Free Cash FlowOCF − Capex
$2.5M
FCF MarginFCF / Revenue
1.6%
Capex IntensityCapex / Revenue
9.3%
2.5%
Cash ConversionOCF / Net Profit
1.20×
TTM Free Cash FlowTrailing 4 quarters
$27.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AESI
AESI
BTM
BTM
Q1 26
Q4 25
$3.7M
Q3 25
$32.4M
$6.6M
Q2 25
$88.6M
$10.2M
Q1 25
$-7.5M
$16.3M
Q4 24
$70.9M
Q3 24
$85.2M
$5.8M
Q2 24
$60.9M
$10.1M
Free Cash Flow
AESI
AESI
BTM
BTM
Q1 26
Q4 25
$-18.1M
Q3 25
$-1.4M
$2.5M
Q2 25
$48.4M
$9.8M
Q1 25
$-59.8M
$15.9M
Q4 24
$-5.6M
Q3 24
$-1.1M
$-1.0M
Q2 24
$-54.9M
$7.6M
FCF Margin
AESI
AESI
BTM
BTM
Q1 26
Q4 25
-7.3%
Q3 25
-0.5%
1.6%
Q2 25
16.8%
5.7%
Q1 25
-20.1%
9.7%
Q4 24
-2.1%
Q3 24
-0.4%
-0.8%
Q2 24
-19.1%
4.7%
Capex Intensity
AESI
AESI
BTM
BTM
Q1 26
9.3%
Q4 25
8.7%
Q3 25
13.0%
2.5%
Q2 25
13.9%
0.2%
Q1 25
17.6%
0.2%
Q4 24
28.2%
Q3 24
28.3%
5.0%
Q2 24
40.3%
1.5%
Cash Conversion
AESI
AESI
BTM
BTM
Q1 26
Q4 25
Q3 25
1.20×
Q2 25
1.67×
Q1 25
-6.11×
3.88×
Q4 24
4.92×
Q3 24
21.74×
Q2 24
4.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AESI
AESI

Service revenue$139.1M52%
Product revenue$108.9M41%
Rental revenue$17.5M7%

BTM
BTM

Segment breakdown not available.

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