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Side-by-side financial comparison of Bitcoin Depot Inc. (BTM) and GRID DYNAMICS HOLDINGS, INC. (GDYN). Click either name above to swap in a different company.
Bitcoin Depot Inc. is the larger business by last-quarter revenue ($162.5M vs $104.1M, roughly 1.6× GRID DYNAMICS HOLDINGS, INC.). Bitcoin Depot Inc. runs the higher net margin — 3.4% vs -1.4%, a 4.8% gap on every dollar of revenue. On growth, Bitcoin Depot Inc. posted the faster year-over-year revenue change (20.1% vs 3.7%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (12.0% 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.
Escape Dynamics, Inc. was a Colorado-based technology company that operated 2010–2015 focused on bringing to market single-stage-to-orbit reusable electromagnetically powered spaceplanes.
BTM vs GDYN — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $162.5M | $104.1M |
| Net Profit | $5.5M | $-1.5M |
| Gross Margin | — | 34.8% |
| Operating Margin | 7.3% | 61.7% |
| Net Margin | 3.4% | -1.4% |
| Revenue YoY | 20.1% | 3.7% |
| Net Profit YoY | 690.4% | -150.6% |
| EPS (diluted) | $0.08 | $-0.02 |
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 | — | $104.1M | ||
| Q4 25 | — | $106.2M | ||
| Q3 25 | $162.5M | $104.2M | ||
| Q2 25 | $172.1M | $101.1M | ||
| Q1 25 | $164.2M | $100.4M | ||
| Q4 24 | — | $100.3M | ||
| Q3 24 | $135.3M | $87.4M | ||
| Q2 24 | $163.1M | $83.0M |
| Q1 26 | — | $-1.5M | ||
| Q4 25 | — | $306.0K | ||
| Q3 25 | $5.5M | $1.2M | ||
| Q2 25 | $6.1M | $5.3M | ||
| Q1 25 | $4.2M | $2.9M | ||
| Q4 24 | — | $4.5M | ||
| Q3 24 | $-939.0K | $4.3M | ||
| Q2 24 | $-2.6M | $-817.0K |
| Q1 26 | — | 34.8% | ||
| Q4 25 | — | 34.0% | ||
| Q3 25 | — | 33.3% | ||
| Q2 25 | — | 34.1% | ||
| Q1 25 | — | 36.8% | ||
| Q4 24 | — | 36.9% | ||
| Q3 24 | — | 37.4% | ||
| Q2 24 | — | 35.6% |
| Q1 26 | — | 61.7% | ||
| Q4 25 | — | 0.5% | ||
| Q3 25 | 7.3% | -0.2% | ||
| Q2 25 | 9.2% | -0.1% | ||
| Q1 25 | 10.8% | -2.0% | ||
| Q4 24 | — | 1.3% | ||
| Q3 24 | 4.1% | 2.4% | ||
| Q2 24 | 4.7% | 0.0% |
| Q1 26 | — | -1.4% | ||
| Q4 25 | — | 0.3% | ||
| Q3 25 | 3.4% | 1.1% | ||
| Q2 25 | 3.5% | 5.2% | ||
| Q1 25 | 2.6% | 2.9% | ||
| Q4 24 | — | 4.5% | ||
| Q3 24 | -0.7% | 4.9% | ||
| Q2 24 | -1.6% | -1.0% |
| Q1 26 | — | $-0.02 | ||
| Q4 25 | — | $0.01 | ||
| Q3 25 | $0.08 | $0.01 | ||
| Q2 25 | $0.16 | $0.06 | ||
| Q1 25 | $0.20 | $0.03 | ||
| Q4 24 | — | $0.06 | ||
| Q3 24 | $-0.05 | $0.05 | ||
| Q2 24 | $-0.13 | $-0.01 |
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 | $327.5M |
| Total DebtLower is stronger | $67.5M | — |
| Stockholders' EquityBook value | $21.0M | $530.1M |
| Total Assets | $125.3M | $605.0M |
| Debt / EquityLower = less leverage | 3.21× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $327.5M | ||
| Q4 25 | — | $342.1M | ||
| Q3 25 | $59.3M | $338.6M | ||
| Q2 25 | $48.0M | $336.8M | ||
| Q1 25 | $35.0M | $325.5M | ||
| Q4 24 | — | $334.7M | ||
| Q3 24 | $32.2M | $231.3M | ||
| Q2 24 | $43.9M | $256.0M |
| Q1 26 | — | — | ||
| 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 26 | — | $530.1M | ||
| Q4 25 | — | $542.1M | ||
| Q3 25 | $21.0M | $537.7M | ||
| Q2 25 | $4.7M | $532.2M | ||
| Q1 25 | $-4.6M | $517.4M | ||
| Q4 24 | — | $517.8M | ||
| Q3 24 | $-7.9M | $400.2M | ||
| Q2 24 | $4.4M | $388.4M |
| Q1 26 | — | $605.0M | ||
| Q4 25 | — | $612.9M | ||
| Q3 25 | $125.3M | $613.2M | ||
| Q2 25 | $109.1M | $608.9M | ||
| Q1 25 | $89.7M | $590.9M | ||
| Q4 24 | — | $592.2M | ||
| Q3 24 | $87.4M | $477.3M | ||
| Q2 24 | $97.5M | $443.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 3.21× | — | ||
| Q2 25 | 14.18× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 9.27× | — |
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 | — | $9.9M | ||
| Q3 25 | $6.6M | $7.0M | ||
| Q2 25 | $10.2M | $14.4M | ||
| Q1 25 | $16.3M | $9.4M | ||
| Q4 24 | — | $7.1M | ||
| Q3 24 | $5.8M | $9.2M | ||
| Q2 24 | $10.1M | $10.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | $6.1M | ||
| Q3 25 | $2.5M | $2.9M | ||
| Q2 25 | $9.8M | $10.2M | ||
| Q1 25 | $15.9M | $6.0M | ||
| Q4 24 | — | $4.4M | ||
| Q3 24 | $-1.0M | $5.9M | ||
| Q2 24 | $7.6M | $8.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 5.7% | ||
| Q3 25 | 1.6% | 2.8% | ||
| Q2 25 | 5.7% | 10.1% | ||
| Q1 25 | 9.7% | 6.0% | ||
| Q4 24 | — | 4.4% | ||
| Q3 24 | -0.8% | 6.8% | ||
| Q2 24 | 4.7% | 9.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.6% | ||
| Q3 25 | 2.5% | 3.9% | ||
| Q2 25 | 0.2% | 4.1% | ||
| Q1 25 | 0.2% | 3.3% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | 5.0% | 3.7% | ||
| Q2 24 | 1.5% | 3.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 32.34× | ||
| Q3 25 | 1.20× | 5.92× | ||
| Q2 25 | 1.67× | 2.73× | ||
| Q1 25 | 3.88× | 3.21× | ||
| Q4 24 | — | 1.56× | ||
| Q3 24 | — | 2.15× | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
