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Side-by-side financial comparison of Bitcoin Depot Inc. (BTM) and Dine Brands Global, Inc. (DIN). Click either name above to swap in a different company.
Dine Brands Global, Inc. is the larger business by last-quarter revenue ($217.6M vs $162.5M, roughly 1.3× Bitcoin Depot Inc.). Bitcoin Depot Inc. runs the higher net margin — 3.4% vs -5.6%, a 9.0% gap on every dollar of revenue. On growth, Bitcoin Depot Inc. posted the faster year-over-year revenue change (20.1% vs 6.3%). Bitcoin Depot Inc. produced more free cash flow last quarter ($2.5M vs $-8.6M). Over the past eight quarters, Dine Brands Global, Inc.'s revenue compounded faster (2.7% 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.
Dine Brands Global Inc. is a publicly traded food and beverage company based in Pasadena, California. Founded in 1958 as IHOP, it operates franchised and corporate owned full-service restaurants including three restaurant concepts, Applebee's Neighborhood Grill & Bar, International House of Pancakes (IHOP), and Fuzzy's Taco Shop.
BTM vs DIN — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $162.5M | $217.6M |
| Net Profit | $5.5M | $-12.2M |
| Gross Margin | — | 42.4% |
| Operating Margin | 7.3% | -7.6% |
| Net Margin | 3.4% | -5.6% |
| Revenue YoY | 20.1% | 6.3% |
| Net Profit YoY | 690.4% | -336.1% |
| EPS (diluted) | $0.08 | $-0.79 |
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.
| Q4 25 | — | $217.6M | ||
| Q3 25 | $162.5M | $216.2M | ||
| Q2 25 | $172.1M | $230.8M | ||
| Q1 25 | $164.2M | $214.8M | ||
| Q4 24 | — | $204.8M | ||
| Q3 24 | $135.3M | $195.0M | ||
| Q2 24 | $163.1M | $206.3M | ||
| Q1 24 | $138.5M | $206.2M |
| Q4 25 | — | $-12.2M | ||
| Q3 25 | $5.5M | $7.3M | ||
| Q2 25 | $6.1M | $13.8M | ||
| Q1 25 | $4.2M | $8.2M | ||
| Q4 24 | — | $5.2M | ||
| Q3 24 | $-939.0K | $19.1M | ||
| Q2 24 | $-2.6M | $23.2M | ||
| Q1 24 | $-1.5M | $17.5M |
| Q4 25 | — | 42.4% | ||
| Q3 25 | — | 39.1% | ||
| Q2 25 | — | 40.0% | ||
| Q1 25 | — | 42.0% | ||
| Q4 24 | — | 41.7% | ||
| Q3 24 | — | 47.8% | ||
| Q2 24 | — | 48.1% | ||
| Q1 24 | — | 47.2% |
| Q4 25 | — | -7.6% | ||
| Q3 25 | 7.3% | 4.7% | ||
| Q2 25 | 9.2% | 8.2% | ||
| Q1 25 | 10.8% | 6.0% | ||
| Q4 24 | — | 3.8% | ||
| Q3 24 | 4.1% | 13.6% | ||
| Q2 24 | 4.7% | 15.1% | ||
| Q1 24 | 0.5% | 11.7% |
| Q4 25 | — | -5.6% | ||
| Q3 25 | 3.4% | 3.4% | ||
| Q2 25 | 3.5% | 6.0% | ||
| Q1 25 | 2.6% | 3.8% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | -0.7% | 9.8% | ||
| Q2 24 | -1.6% | 11.2% | ||
| Q1 24 | -1.1% | 8.5% |
| Q4 25 | — | $-0.79 | ||
| Q3 25 | $0.08 | $0.48 | ||
| Q2 25 | $0.16 | $0.89 | ||
| Q1 25 | $0.20 | $0.53 | ||
| Q4 24 | — | $0.35 | ||
| Q3 24 | $-0.05 | $1.24 | ||
| Q2 24 | $-0.13 | $1.50 | ||
| Q1 24 | $-0.25 | $1.13 |
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 | $128.2M |
| Total DebtLower is stronger | $67.5M | $1.2B |
| Stockholders' EquityBook value | $21.0M | $-273.9M |
| Total Assets | $125.3M | $1.7B |
| Debt / EquityLower = less leverage | 3.21× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $128.2M | ||
| Q3 25 | $59.3M | $167.9M | ||
| Q2 25 | $48.0M | $194.2M | ||
| Q1 25 | $35.0M | $186.5M | ||
| Q4 24 | — | $186.7M | ||
| Q3 24 | $32.2M | $169.6M | ||
| Q2 24 | $43.9M | $153.5M | ||
| Q1 24 | $42.2M | $145.0M |
| Q4 25 | — | $1.2B | ||
| Q3 25 | $67.5M | $1.2B | ||
| Q2 25 | $66.5M | $1.2B | ||
| Q1 25 | $56.2M | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $44.5M | $1.2B | ||
| Q2 24 | $41.2M | $1.2B | ||
| Q1 24 | $37.6M | $1.2B |
| Q4 25 | — | $-273.9M | ||
| Q3 25 | $21.0M | $-231.9M | ||
| Q2 25 | $4.7M | $-212.5M | ||
| Q1 25 | $-4.6M | $-215.7M | ||
| Q4 24 | — | $-216.0M | ||
| Q3 24 | $-7.9M | $-216.7M | ||
| Q2 24 | $4.4M | $-231.7M | ||
| Q1 24 | $5.0M | $-244.8M |
| Q4 25 | — | $1.7B | ||
| Q3 25 | $125.3M | $1.8B | ||
| Q2 25 | $109.1M | $1.8B | ||
| Q1 25 | $89.7M | $1.8B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | $87.4M | $1.7B | ||
| Q2 24 | $97.5M | $1.7B | ||
| Q1 24 | $90.1M | $1.7B |
| Q4 25 | — | — | ||
| Q3 25 | 3.21× | — | ||
| Q2 25 | 14.18× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 9.27× | — | ||
| Q1 24 | 7.54× | — |
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 | $5.7M |
| Free Cash FlowOCF − Capex | $2.5M | $-8.6M |
| FCF MarginFCF / Revenue | 1.6% | -3.9% |
| Capex IntensityCapex / Revenue | 2.5% | 6.6% |
| Cash ConversionOCF / Net Profit | 1.20× | — |
| TTM Free Cash FlowTrailing 4 quarters | $27.1M | $53.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $5.7M | ||
| Q3 25 | $6.6M | $30.2M | ||
| Q2 25 | $10.2M | $37.0M | ||
| Q1 25 | $16.3M | $16.1M | ||
| Q4 24 | — | $30.5M | ||
| Q3 24 | $5.8M | $25.5M | ||
| Q2 24 | $10.1M | $21.6M | ||
| Q1 24 | $1.3M | $30.6M |
| Q4 25 | — | $-8.6M | ||
| Q3 25 | $2.5M | $18.1M | ||
| Q2 25 | $9.8M | $31.0M | ||
| Q1 25 | $15.9M | $12.8M | ||
| Q4 24 | — | $26.7M | ||
| Q3 24 | $-1.0M | $22.0M | ||
| Q2 24 | $7.6M | $18.2M | ||
| Q1 24 | $789.0K | $27.2M |
| Q4 25 | — | -3.9% | ||
| Q3 25 | 1.6% | 8.4% | ||
| Q2 25 | 5.7% | 13.4% | ||
| Q1 25 | 9.7% | 6.0% | ||
| Q4 24 | — | 13.0% | ||
| Q3 24 | -0.8% | 11.3% | ||
| Q2 24 | 4.7% | 8.8% | ||
| Q1 24 | 0.6% | 13.2% |
| Q4 25 | — | 6.6% | ||
| Q3 25 | 2.5% | 5.6% | ||
| Q2 25 | 0.2% | 2.6% | ||
| Q1 25 | 0.2% | 1.5% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | 5.0% | 1.8% | ||
| Q2 24 | 1.5% | 1.7% | ||
| Q1 24 | 0.4% | 1.6% |
| Q4 25 | — | — | ||
| Q3 25 | 1.20× | 4.12× | ||
| Q2 25 | 1.67× | 2.68× | ||
| Q1 25 | 3.88× | 1.97× | ||
| Q4 24 | — | 5.88× | ||
| Q3 24 | — | 1.34× | ||
| Q2 24 | — | 0.93× | ||
| Q1 24 | — | 1.75× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BTM
Segment breakdown not available.
DIN
| Franchisor | $163.2M | 75% |
| Food And Beverage | $27.3M | 13% |
| Proprietary Product Sales And Other | $17.0M | 8% |
| Other | $8.1M | 4% |
| Franchise And Development Fees | $2.0M | 1% |
