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Side-by-side financial comparison of Bitcoin Depot Inc. (BTM) and Douglas Elliman Inc. (DOUG). Click either name above to swap in a different company.

Douglas Elliman Inc. is the larger business by last-quarter revenue ($245.4M vs $162.5M, roughly 1.5× Bitcoin Depot Inc.). Douglas Elliman Inc. runs the higher net margin — 27.9% vs 3.4%, a 24.5% gap on every dollar of revenue. On growth, Bitcoin Depot Inc. posted the faster year-over-year revenue change (20.1% vs 0.9%). Bitcoin Depot Inc. produced more free cash flow last quarter ($2.5M vs $-14.7M). Over the past eight quarters, Douglas Elliman Inc.'s revenue compounded faster (10.7% 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.

Douglas Elliman Inc. is a leading U.S.-based residential real estate brokerage firm. It offers luxury property sales, rentals, property management, and advisory solutions, serving high-net-worth clients across key metro markets including New York, California, Florida, and Texas.

BTM vs DOUG — Head-to-Head

Bigger by revenue
DOUG
DOUG
1.5× larger
DOUG
$245.4M
$162.5M
BTM
Growing faster (revenue YoY)
BTM
BTM
+19.2% gap
BTM
20.1%
0.9%
DOUG
Higher net margin
DOUG
DOUG
24.5% more per $
DOUG
27.9%
3.4%
BTM
More free cash flow
BTM
BTM
$17.2M more FCF
BTM
$2.5M
$-14.7M
DOUG
Faster 2-yr revenue CAGR
DOUG
DOUG
Annualised
DOUG
10.7%
-4.9%
BTM

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BTM
BTM
DOUG
DOUG
Revenue
$162.5M
$245.4M
Net Profit
$5.5M
$68.6M
Gross Margin
Operating Margin
7.3%
27.3%
Net Margin
3.4%
27.9%
Revenue YoY
20.1%
0.9%
Net Profit YoY
690.4%
1243.4%
EPS (diluted)
$0.08
$0.80

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
BTM
BTM
DOUG
DOUG
Q4 25
$245.4M
Q3 25
$162.5M
$262.8M
Q2 25
$172.1M
$271.4M
Q1 25
$164.2M
$253.4M
Q4 24
$243.3M
Q3 24
$135.3M
$266.3M
Q2 24
$163.1M
$285.8M
Q1 24
$138.5M
$200.2M
Net Profit
BTM
BTM
DOUG
DOUG
Q4 25
$68.6M
Q3 25
$5.5M
$-24.7M
Q2 25
$6.1M
$-22.7M
Q1 25
$4.2M
$-6.0M
Q4 24
$-6.0M
Q3 24
$-939.0K
$-27.2M
Q2 24
$-2.6M
$-1.7M
Q1 24
$-1.5M
$-41.5M
Operating Margin
BTM
BTM
DOUG
DOUG
Q4 25
27.3%
Q3 25
7.3%
-4.1%
Q2 25
9.2%
-2.0%
Q1 25
10.8%
-2.1%
Q4 24
-6.7%
Q3 24
4.1%
-2.8%
Q2 24
4.7%
-1.3%
Q1 24
0.5%
-20.7%
Net Margin
BTM
BTM
DOUG
DOUG
Q4 25
27.9%
Q3 25
3.4%
-9.4%
Q2 25
3.5%
-8.4%
Q1 25
2.6%
-2.4%
Q4 24
-2.5%
Q3 24
-0.7%
-10.2%
Q2 24
-1.6%
-0.6%
Q1 24
-1.1%
-20.7%
EPS (diluted)
BTM
BTM
DOUG
DOUG
Q4 25
$0.80
Q3 25
$0.08
$-0.29
Q2 25
$0.16
$-0.27
Q1 25
$0.20
$-0.07
Q4 24
$-0.06
Q3 24
$-0.05
$-0.33
Q2 24
$-0.13
$-0.02
Q1 24
$-0.25
$-0.50

Balance Sheet & Financial Strength

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

Metric
BTM
BTM
DOUG
DOUG
Cash + ST InvestmentsLiquidity on hand
$59.3M
$115.5M
Total DebtLower is stronger
$67.5M
Stockholders' EquityBook value
$21.0M
$183.9M
Total Assets
$125.3M
$444.4M
Debt / EquityLower = less leverage
3.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTM
BTM
DOUG
DOUG
Q4 25
$115.5M
Q3 25
$59.3M
$143.0M
Q2 25
$48.0M
$136.3M
Q1 25
$35.0M
$136.8M
Q4 24
$145.5M
Q3 24
$32.2M
$151.4M
Q2 24
$43.9M
$92.9M
Q1 24
$42.2M
$91.5M
Total Debt
BTM
BTM
DOUG
DOUG
Q4 25
Q3 25
$67.5M
Q2 25
$66.5M
Q1 25
$56.2M
Q4 24
Q3 24
$44.5M
Q2 24
$41.2M
Q1 24
$37.6M
Stockholders' Equity
BTM
BTM
DOUG
DOUG
Q4 25
$183.9M
Q3 25
$21.0M
$115.1M
Q2 25
$4.7M
$137.6M
Q1 25
$-4.6M
$158.2M
Q4 24
$162.2M
Q3 24
$-7.9M
$173.6M
Q2 24
$4.4M
$196.9M
Q1 24
$5.0M
$195.1M
Total Assets
BTM
BTM
DOUG
DOUG
Q4 25
$444.4M
Q3 25
$125.3M
$480.6M
Q2 25
$109.1M
$489.0M
Q1 25
$89.7M
$493.9M
Q4 24
$493.9M
Q3 24
$87.4M
$502.7M
Q2 24
$97.5M
$463.9M
Q1 24
$90.1M
$461.1M
Debt / Equity
BTM
BTM
DOUG
DOUG
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
BTM
BTM
DOUG
DOUG
Operating Cash FlowLast quarter
$6.6M
$-14.4M
Free Cash FlowOCF − Capex
$2.5M
$-14.7M
FCF MarginFCF / Revenue
1.6%
-6.0%
Capex IntensityCapex / Revenue
2.5%
0.1%
Cash ConversionOCF / Net Profit
1.20×
-0.21×
TTM Free Cash FlowTrailing 4 quarters
$27.1M
$-17.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTM
BTM
DOUG
DOUG
Q4 25
$-14.4M
Q3 25
$6.6M
$5.5M
Q2 25
$10.2M
$642.0K
Q1 25
$16.3M
$-5.6M
Q4 24
$-9.0M
Q3 24
$5.8M
$9.0M
Q2 24
$10.1M
$1.3M
Q1 24
$1.3M
$-27.3M
Free Cash Flow
BTM
BTM
DOUG
DOUG
Q4 25
$-14.7M
Q3 25
$2.5M
$4.7M
Q2 25
$9.8M
$-575.0K
Q1 25
$15.9M
$-6.7M
Q4 24
$-10.2M
Q3 24
$-1.0M
$7.7M
Q2 24
$7.6M
$432.0K
Q1 24
$789.0K
$-29.4M
FCF Margin
BTM
BTM
DOUG
DOUG
Q4 25
-6.0%
Q3 25
1.6%
1.8%
Q2 25
5.7%
-0.2%
Q1 25
9.7%
-2.6%
Q4 24
-4.2%
Q3 24
-0.8%
2.9%
Q2 24
4.7%
0.2%
Q1 24
0.6%
-14.7%
Capex Intensity
BTM
BTM
DOUG
DOUG
Q4 25
0.1%
Q3 25
2.5%
0.3%
Q2 25
0.2%
0.4%
Q1 25
0.2%
0.4%
Q4 24
0.5%
Q3 24
5.0%
0.5%
Q2 24
1.5%
0.3%
Q1 24
0.4%
1.0%
Cash Conversion
BTM
BTM
DOUG
DOUG
Q4 25
-0.21×
Q3 25
1.20×
Q2 25
1.67×
Q1 25
3.88×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BTM
BTM

Segment breakdown not available.

DOUG
DOUG

Commissions And Other Brokerage Income$240.3M98%
Property Management Income$2.8M1%
Property Management$2.2M1%

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