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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
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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% |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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 |
| 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 |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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
Segment breakdown not available.
ESE
| US Government | $98.0M | 34% |
| Utility Solutions Group | $87.5M | 30% |
| RF Shielding And Test | $58.3M | 20% |
| Commercial | $45.8M | 16% |
| Related Party | $1.3M | 0% |