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Side-by-side financial comparison of Bitcoin Depot Inc. (BTM) and Evolus, Inc. (EOLS). Click either name above to swap in a different company.
Bitcoin Depot Inc. is the larger business by last-quarter revenue ($162.5M vs $73.1M, roughly 2.2× Evolus, Inc.). Bitcoin Depot Inc. runs the higher net margin — 3.4% vs -14.6%, a 18.0% gap on every dollar of revenue. On growth, Bitcoin Depot Inc. posted the faster year-over-year revenue change (20.1% vs 6.7%). Over the past eight quarters, Evolus, Inc.'s revenue compounded faster (4.6% 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.
Evolus, Inc. is a medical aesthetics company focused on developing and commercializing non-surgical cosmetic treatment solutions. Its flagship product is a prescription neuromodulator designed to reduce moderate to severe glabellar frown lines, serving licensed aesthetic healthcare providers and consumers across North America, Europe, and key Asia-Pacific regional markets.
BTM vs EOLS — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $162.5M | $73.1M |
| Net Profit | $5.5M | $-10.7M |
| Gross Margin | — | 66.9% |
| Operating Margin | 7.3% | 23.8% |
| Net Margin | 3.4% | -14.6% |
| Revenue YoY | 20.1% | 6.7% |
| Net Profit YoY | 690.4% | — |
| EPS (diluted) | $0.08 | $-0.16 |
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.
| Q1 26 | — | $73.1M | ||
| Q4 25 | — | $90.3M | ||
| Q3 25 | $162.5M | $69.0M | ||
| Q2 25 | $172.1M | $69.4M | ||
| Q1 25 | $164.2M | $68.5M | ||
| Q4 24 | — | $78.9M | ||
| Q3 24 | $135.3M | $61.1M | ||
| Q2 24 | $163.1M | $66.9M |
| Q1 26 | — | $-10.7M | ||
| Q4 25 | — | $130.0K | ||
| Q3 25 | $5.5M | $-15.7M | ||
| Q2 25 | $6.1M | $-17.1M | ||
| Q1 25 | $4.2M | $-18.9M | ||
| Q4 24 | — | $-6.8M | ||
| Q3 24 | $-939.0K | $-19.2M | ||
| Q2 24 | $-2.6M | $-11.3M |
| Q1 26 | — | 66.9% | ||
| Q4 25 | — | 65.7% | ||
| Q3 25 | — | 66.5% | ||
| Q2 25 | — | 65.3% | ||
| Q1 25 | — | 68.1% | ||
| Q4 24 | — | 66.7% | ||
| Q3 24 | — | 68.9% | ||
| Q2 24 | — | 70.3% |
| Q1 26 | — | 23.8% | ||
| Q4 25 | — | 4.7% | ||
| Q3 25 | 7.3% | -16.7% | ||
| Q2 25 | 9.2% | -14.7% | ||
| Q1 25 | 10.8% | -22.1% | ||
| Q4 24 | — | -2.9% | ||
| Q3 24 | 4.1% | -25.3% | ||
| Q2 24 | 4.7% | -11.5% |
| Q1 26 | — | -14.6% | ||
| Q4 25 | — | 0.1% | ||
| Q3 25 | 3.4% | -22.8% | ||
| Q2 25 | 3.5% | -24.7% | ||
| Q1 25 | 2.6% | -27.6% | ||
| Q4 24 | — | -8.6% | ||
| Q3 24 | -0.7% | -31.4% | ||
| Q2 24 | -1.6% | -17.0% |
| Q1 26 | — | $-0.16 | ||
| Q4 25 | — | $0.01 | ||
| Q3 25 | $0.08 | $-0.24 | ||
| Q2 25 | $0.16 | $-0.27 | ||
| Q1 25 | $0.20 | $-0.30 | ||
| Q4 24 | — | $-0.11 | ||
| Q3 24 | $-0.05 | $-0.30 | ||
| Q2 24 | $-0.13 | $-0.18 |
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 | $49.8M |
| Total DebtLower is stronger | $67.5M | $156.4M |
| Stockholders' EquityBook value | $21.0M | — |
| Total Assets | $125.3M | $220.6M |
| Debt / EquityLower = less leverage | 3.21× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $49.8M | ||
| Q4 25 | — | $53.8M | ||
| Q3 25 | $59.3M | $43.5M | ||
| Q2 25 | $48.0M | $61.7M | ||
| Q1 25 | $35.0M | $67.9M | ||
| Q4 24 | — | $87.0M | ||
| Q3 24 | $32.2M | $85.0M | ||
| Q2 24 | $43.9M | $93.7M |
| Q1 26 | — | $156.4M | ||
| Q4 25 | — | $146.1M | ||
| Q3 25 | $67.5M | — | ||
| Q2 25 | $66.5M | — | ||
| Q1 25 | $56.2M | $121.8M | ||
| Q4 24 | — | $121.5M | ||
| Q3 24 | $44.5M | $121.2M | ||
| Q2 24 | $41.2M | $120.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-23.1M | ||
| Q3 25 | $21.0M | $-28.8M | ||
| Q2 25 | $4.7M | $-18.7M | ||
| Q1 25 | $-4.6M | $-6.6M | ||
| Q4 24 | — | $5.5M | ||
| Q3 24 | $-7.9M | $5.9M | ||
| Q2 24 | $4.4M | $19.3M |
| Q1 26 | — | $220.6M | ||
| Q4 25 | — | $225.9M | ||
| Q3 25 | $125.3M | $219.0M | ||
| Q2 25 | $109.1M | $228.8M | ||
| Q1 25 | $89.7M | $213.4M | ||
| Q4 24 | — | $232.6M | ||
| Q3 24 | $87.4M | $229.6M | ||
| Q2 24 | $97.5M | $233.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 3.21× | — | ||
| Q2 25 | 14.18× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 22.00× | ||
| Q3 24 | — | 20.58× | ||
| Q2 24 | 9.27× | 6.26× |
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 | — |
| Free Cash FlowOCF − Capex | $2.5M | — |
| FCF MarginFCF / Revenue | 1.6% | — |
| Capex IntensityCapex / Revenue | 2.5% | — |
| Cash ConversionOCF / Net Profit | 1.20× | — |
| TTM Free Cash FlowTrailing 4 quarters | $27.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $12.8M | ||
| Q3 25 | $6.6M | $-14.7M | ||
| Q2 25 | $10.2M | $-24.8M | ||
| Q1 25 | $16.3M | $-15.6M | ||
| Q4 24 | — | $4.8M | ||
| Q3 24 | $5.8M | $-5.7M | ||
| Q2 24 | $10.1M | $-6.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $11.3M | ||
| Q3 25 | $2.5M | $-15.6M | ||
| Q2 25 | $9.8M | $-25.5M | ||
| Q1 25 | $15.9M | $-16.0M | ||
| Q4 24 | — | $4.4M | ||
| Q3 24 | $-1.0M | $-6.0M | ||
| Q2 24 | $7.6M | $-6.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 12.6% | ||
| Q3 25 | 1.6% | -22.7% | ||
| Q2 25 | 5.7% | -36.7% | ||
| Q1 25 | 9.7% | -23.3% | ||
| Q4 24 | — | 5.5% | ||
| Q3 24 | -0.8% | -9.9% | ||
| Q2 24 | 4.7% | -10.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.6% | ||
| Q3 25 | 2.5% | 1.4% | ||
| Q2 25 | 0.2% | 1.0% | ||
| Q1 25 | 0.2% | 0.5% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | 5.0% | 0.5% | ||
| Q2 24 | 1.5% | 0.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 98.67× | ||
| Q3 25 | 1.20× | — | ||
| Q2 25 | 1.67× | — | ||
| Q1 25 | 3.88× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BTM
Segment breakdown not available.
EOLS
| Product revenue, net | $72.7M | 99% |
| Service revenue | $390.0K | 1% |