vs
Side-by-side financial comparison of Bitcoin Depot Inc. (BTM) and DENNY'S Corp (DENN). Click either name above to swap in a different company.
Bitcoin Depot Inc. is the larger business by last-quarter revenue ($162.5M vs $113.2M, roughly 1.4× DENNY'S Corp). Bitcoin Depot Inc. runs the higher net margin — 3.4% vs 0.6%, a 2.9% gap on every dollar of revenue. On growth, Bitcoin Depot Inc. posted the faster year-over-year revenue change (20.1% vs 1.3%). DENNY'S Corp produced more free cash flow last quarter ($16.0M vs $2.5M). Over the past eight quarters, DENNY'S Corp's revenue compounded faster (-0.9% CAGR vs -4.9%).
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.
Denny's is an American table service diner-style restaurant chain. It operates over 1,400 restaurants in the United States, Canada, México, Puerto Rico, and several other international locations.
BTM vs DENN — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $162.5M | $113.2M |
| Net Profit | $5.5M | $632.0K |
| Gross Margin | — | — |
| Operating Margin | 7.3% | 9.2% |
| Net Margin | 3.4% | 0.6% |
| Revenue YoY | 20.1% | 1.3% |
| Net Profit YoY | 690.4% | -90.3% |
| EPS (diluted) | $0.08 | $0.01 |
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.
| Q3 25 | $162.5M | $113.2M | ||
| Q2 25 | $172.1M | $117.7M | ||
| Q1 25 | $164.2M | $111.6M | ||
| Q4 24 | — | $114.7M | ||
| Q3 24 | $135.3M | $111.8M | ||
| Q2 24 | $163.1M | $115.9M | ||
| Q1 24 | $138.5M | $110.0M | ||
| Q4 23 | $148.4M | $115.4M |
| Q3 25 | $5.5M | $632.0K | ||
| Q2 25 | $6.1M | $2.5M | ||
| Q1 25 | $4.2M | $326.0K | ||
| Q4 24 | — | $6.8M | ||
| Q3 24 | $-939.0K | $6.5M | ||
| Q2 24 | $-2.6M | $3.6M | ||
| Q1 24 | $-1.5M | $4.7M | ||
| Q4 23 | $-8.3M | $2.9M |
| Q3 25 | 7.3% | 9.2% | ||
| Q2 25 | 9.2% | 7.3% | ||
| Q1 25 | 10.8% | 4.7% | ||
| Q4 24 | — | 12.6% | ||
| Q3 24 | 4.1% | 10.5% | ||
| Q2 24 | 4.7% | 7.9% | ||
| Q1 24 | 0.5% | 9.1% | ||
| Q4 23 | 2.6% | 6.7% |
| Q3 25 | 3.4% | 0.6% | ||
| Q2 25 | 3.5% | 2.1% | ||
| Q1 25 | 2.6% | 0.3% | ||
| Q4 24 | — | 5.9% | ||
| Q3 24 | -0.7% | 5.8% | ||
| Q2 24 | -1.6% | 3.1% | ||
| Q1 24 | -1.1% | 4.3% | ||
| Q4 23 | -5.6% | 2.5% |
| Q3 25 | $0.08 | $0.01 | ||
| Q2 25 | $0.16 | $0.05 | ||
| Q1 25 | $0.20 | $0.01 | ||
| Q4 24 | — | $0.13 | ||
| Q3 24 | $-0.05 | $0.12 | ||
| Q2 24 | $-0.13 | $0.07 | ||
| Q1 24 | $-0.25 | $0.09 | ||
| Q4 23 | — | $0.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $59.3M | — |
| Total DebtLower is stronger | $67.5M | — |
| Stockholders' EquityBook value | $21.0M | $-32.7M |
| Total Assets | $125.3M | $502.9M |
| Debt / EquityLower = less leverage | 3.21× | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $59.3M | — | ||
| Q2 25 | $48.0M | — | ||
| Q1 25 | $35.0M | $1.1M | ||
| Q4 24 | — | $100.0K | ||
| Q3 24 | $32.2M | $2.9M | ||
| Q2 24 | $43.9M | $2.8M | ||
| Q1 24 | $42.2M | $2.8M | ||
| Q4 23 | $29.8M | $100.0K |
| Q3 25 | $67.5M | — | ||
| Q2 25 | $66.5M | — | ||
| Q1 25 | $56.2M | — | ||
| Q4 24 | — | $270.6M | ||
| Q3 24 | $44.5M | — | ||
| Q2 24 | $41.2M | — | ||
| Q1 24 | $37.6M | — | ||
| Q4 23 | $22.5M | $264.6M |
| Q3 25 | $21.0M | $-32.7M | ||
| Q2 25 | $4.7M | $-34.6M | ||
| Q1 25 | $-4.6M | $-36.4M | ||
| Q4 24 | — | $-34.0M | ||
| Q3 24 | $-7.9M | $-54.5M | ||
| Q2 24 | $4.4M | $-53.2M | ||
| Q1 24 | $5.0M | $-55.7M | ||
| Q4 23 | — | $-62.7M |
| Q3 25 | $125.3M | $502.9M | ||
| Q2 25 | $109.1M | $491.1M | ||
| Q1 25 | $89.7M | $488.1M | ||
| Q4 24 | — | $496.3M | ||
| Q3 24 | $87.4M | $461.6M | ||
| Q2 24 | $97.5M | $459.9M | ||
| Q1 24 | $90.1M | $460.4M | ||
| Q4 23 | $74.3M | $464.8M |
| Q3 25 | 3.21× | — | ||
| Q2 25 | 14.18× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 9.27× | — | ||
| Q1 24 | 7.54× | — | ||
| Q4 23 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $6.6M | $16.0M |
| Free Cash FlowOCF − Capex | $2.5M | $16.0M |
| FCF MarginFCF / Revenue | 1.6% | 14.1% |
| Capex IntensityCapex / Revenue | 2.5% | 0.0% |
| Cash ConversionOCF / Net Profit | 1.20× | 25.28× |
| TTM Free Cash FlowTrailing 4 quarters | $27.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $6.6M | $16.0M | ||
| Q2 25 | $10.2M | $9.4M | ||
| Q1 25 | $16.3M | $5.0M | ||
| Q4 24 | — | $8.5M | ||
| Q3 24 | $5.8M | $6.6M | ||
| Q2 24 | $10.1M | $14.2M | ||
| Q1 24 | $1.3M | $215.0K | ||
| Q4 23 | $7.5M | $21.4M |
| Q3 25 | $2.5M | $16.0M | ||
| Q2 25 | $9.8M | — | ||
| Q1 25 | $15.9M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-1.0M | — | ||
| Q2 24 | $7.6M | — | ||
| Q1 24 | $789.0K | — | ||
| Q4 23 | — | — |
| Q3 25 | 1.6% | 14.1% | ||
| Q2 25 | 5.7% | — | ||
| Q1 25 | 9.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.8% | — | ||
| Q2 24 | 4.7% | — | ||
| Q1 24 | 0.6% | — | ||
| Q4 23 | — | — |
| Q3 25 | 2.5% | 0.0% | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 5.0% | 0.0% | ||
| Q2 24 | 1.5% | — | ||
| Q1 24 | 0.4% | — | ||
| Q4 23 | — | — |
| Q3 25 | 1.20× | 25.28× | ||
| Q2 25 | 1.67× | 3.79× | ||
| Q1 25 | 3.88× | 15.38× | ||
| Q4 24 | — | 1.26× | ||
| Q3 24 | — | 1.01× | ||
| Q2 24 | — | 3.97× | ||
| Q1 24 | — | 0.05× | ||
| Q4 23 | — | 7.36× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BTM
Segment breakdown not available.
DENN
| Franchisor Owned Outlet | $57.4M | 51% |
| Royalty | $27.7M | 25% |
| Advertising | $18.6M | 16% |
| Occupancy | $7.7M | 7% |
| Initial And Other Fees | $1.7M | 1% |
