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Side-by-side financial comparison of Bitcoin Depot Inc. (BTM) and ESCO TECHNOLOGIES INC (ESE). Click either name above to swap in a different company.

ESCO TECHNOLOGIES INC is the larger business by last-quarter revenue ($289.7M vs $162.5M, roughly 1.8× Bitcoin Depot Inc.). ESCO TECHNOLOGIES INC runs the higher net margin — 9.9% vs 3.4%, a 6.5% gap on every dollar of revenue. On growth, Bitcoin Depot Inc. posted the faster year-over-year revenue change (20.1% vs 17.3%). ESCO TECHNOLOGIES INC produced more free cash flow last quarter ($63.0M vs $2.5M). Over the past eight quarters, ESCO TECHNOLOGIES INC's revenue compounded faster (7.8% 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.

Esco is a Singaporean brand that develops, manufactures, and sells products and services for laboratories.

BTM vs ESE — Head-to-Head

Bigger by revenue
ESE
ESE
1.8× larger
ESE
$289.7M
$162.5M
BTM
Growing faster (revenue YoY)
BTM
BTM
+2.9% gap
BTM
20.1%
17.3%
ESE
Higher net margin
ESE
ESE
6.5% more per $
ESE
9.9%
3.4%
BTM
More free cash flow
ESE
ESE
$60.4M more FCF
ESE
$63.0M
$2.5M
BTM
Faster 2-yr revenue CAGR
ESE
ESE
Annualised
ESE
7.8%
-4.9%
BTM

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
BTM
BTM
ESE
ESE
Revenue
$162.5M
$289.7M
Net Profit
$5.5M
$28.7M
Gross Margin
41.4%
Operating Margin
7.3%
13.2%
Net Margin
3.4%
9.9%
Revenue YoY
20.1%
17.3%
Net Profit YoY
690.4%
22.2%
EPS (diluted)
$0.08
$1.11

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
ESE
ESE
Q4 25
$289.7M
Q3 25
$162.5M
$286.5M
Q2 25
$172.1M
$296.3M
Q1 25
$164.2M
$265.5M
Q4 24
$247.0M
Q3 24
$135.3M
$298.5M
Q2 24
$163.1M
$260.8M
Q1 24
$138.5M
$249.1M
Net Profit
BTM
BTM
ESE
ESE
Q4 25
$28.7M
Q3 25
$5.5M
$218.7M
Q2 25
$6.1M
$26.1M
Q1 25
$4.2M
$31.0M
Q4 24
$23.5M
Q3 24
$-939.0K
$34.3M
Q2 24
$-2.6M
$29.2M
Q1 24
$-1.5M
$23.2M
Gross Margin
BTM
BTM
ESE
ESE
Q4 25
41.4%
Q3 25
45.9%
Q2 25
41.2%
Q1 25
41.1%
Q4 24
39.8%
Q3 24
40.1%
Q2 24
39.6%
Q1 24
38.8%
Operating Margin
BTM
BTM
ESE
ESE
Q4 25
13.2%
Q3 25
7.3%
17.2%
Q2 25
9.2%
11.2%
Q1 25
10.8%
15.3%
Q4 24
11.4%
Q3 24
4.1%
14.8%
Q2 24
4.7%
14.3%
Q1 24
0.5%
11.7%
Net Margin
BTM
BTM
ESE
ESE
Q4 25
9.9%
Q3 25
3.4%
76.3%
Q2 25
3.5%
8.8%
Q1 25
2.6%
11.7%
Q4 24
9.5%
Q3 24
-0.7%
11.5%
Q2 24
-1.6%
11.2%
Q1 24
-1.1%
9.3%
EPS (diluted)
BTM
BTM
ESE
ESE
Q4 25
$1.11
Q3 25
$0.08
$8.43
Q2 25
$0.16
$1.01
Q1 25
$0.20
$1.20
Q4 24
$0.91
Q3 24
$-0.05
$1.32
Q2 24
$-0.13
$1.13
Q1 24
$-0.25
$0.90

Balance Sheet & Financial Strength

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

Metric
BTM
BTM
ESE
ESE
Cash + ST InvestmentsLiquidity on hand
$59.3M
$103.8M
Total DebtLower is stronger
$67.5M
$145.5M
Stockholders' EquityBook value
$21.0M
$1.6B
Total Assets
$125.3M
$2.4B
Debt / EquityLower = less leverage
3.21×
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTM
BTM
ESE
ESE
Q4 25
$103.8M
Q3 25
$59.3M
$101.3M
Q2 25
$48.0M
$78.7M
Q1 25
$35.0M
$57.4M
Q4 24
$71.3M
Q3 24
$32.2M
$66.0M
Q2 24
$43.9M
$63.0M
Q1 24
$42.2M
$59.4M
Total Debt
BTM
BTM
ESE
ESE
Q4 25
$145.5M
Q3 25
$67.5M
$186.0M
Q2 25
$66.5M
$525.0M
Q1 25
$56.2M
$88.0M
Q4 24
$112.0M
Q3 24
$44.5M
$122.0M
Q2 24
$41.2M
$173.0M
Q1 24
$37.6M
$191.0M
Stockholders' Equity
BTM
BTM
ESE
ESE
Q4 25
$1.6B
Q3 25
$21.0M
$1.5B
Q2 25
$4.7M
$1.3B
Q1 25
$-4.6M
$1.3B
Q4 24
$1.2B
Q3 24
$-7.9M
$1.2B
Q2 24
$4.4M
$1.2B
Q1 24
$5.0M
$1.2B
Total Assets
BTM
BTM
ESE
ESE
Q4 25
$2.4B
Q3 25
$125.3M
$2.4B
Q2 25
$109.1M
$2.5B
Q1 25
$89.7M
$1.8B
Q4 24
$1.8B
Q3 24
$87.4M
$1.8B
Q2 24
$97.5M
$1.8B
Q1 24
$90.1M
$1.8B
Debt / Equity
BTM
BTM
ESE
ESE
Q4 25
0.09×
Q3 25
3.21×
0.12×
Q2 25
14.18×
0.40×
Q1 25
0.07×
Q4 24
0.09×
Q3 24
0.10×
Q2 24
9.27×
0.14×
Q1 24
7.54×
0.16×

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
ESE
ESE
Operating Cash FlowLast quarter
$6.6M
$68.9M
Free Cash FlowOCF − Capex
$2.5M
$63.0M
FCF MarginFCF / Revenue
1.6%
21.7%
Capex IntensityCapex / Revenue
2.5%
2.0%
Cash ConversionOCF / Net Profit
1.20×
2.40×
TTM Free Cash FlowTrailing 4 quarters
$27.1M
$239.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTM
BTM
ESE
ESE
Q4 25
$68.9M
Q3 25
$6.6M
$109.9M
Q2 25
$10.2M
$73.7M
Q1 25
$16.3M
$24.1M
Q4 24
$34.2M
Q3 24
$5.8M
$72.1M
Q2 24
$10.1M
$36.2M
Q1 24
$1.3M
$10.5M
Free Cash Flow
BTM
BTM
ESE
ESE
Q4 25
$63.0M
Q3 25
$2.5M
$97.8M
Q2 25
$9.8M
$64.9M
Q1 25
$15.9M
$14.0M
Q4 24
$29.0M
Q3 24
$-1.0M
$60.9M
Q2 24
$7.6M
$27.6M
Q1 24
$789.0K
$2.0M
FCF Margin
BTM
BTM
ESE
ESE
Q4 25
21.7%
Q3 25
1.6%
34.1%
Q2 25
5.7%
21.9%
Q1 25
9.7%
5.3%
Q4 24
11.7%
Q3 24
-0.8%
20.4%
Q2 24
4.7%
10.6%
Q1 24
0.6%
0.8%
Capex Intensity
BTM
BTM
ESE
ESE
Q4 25
2.0%
Q3 25
2.5%
4.2%
Q2 25
0.2%
3.0%
Q1 25
0.2%
3.8%
Q4 24
2.1%
Q3 24
5.0%
3.8%
Q2 24
1.5%
3.3%
Q1 24
0.4%
3.4%
Cash Conversion
BTM
BTM
ESE
ESE
Q4 25
2.40×
Q3 25
1.20×
0.50×
Q2 25
1.67×
2.83×
Q1 25
3.88×
0.78×
Q4 24
1.46×
Q3 24
2.10×
Q2 24
1.24×
Q1 24
0.45×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BTM
BTM

Segment breakdown not available.

ESE
ESE

US Government$98.0M34%
Utility Solutions Group$87.5M30%
RF Shielding And Test$58.3M20%
Commercial$45.8M16%
Related Party$1.3M0%

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