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Side-by-side financial comparison of Bitcoin Depot Inc. (BTM) and Lovesac Co (LOVE). Click either name above to swap in a different company.
Bitcoin Depot Inc. is the larger business by last-quarter revenue ($162.5M vs $150.2M, roughly 1.1× Lovesac Co). Bitcoin Depot Inc. runs the higher net margin — 3.4% vs -7.0%, a 10.4% gap on every dollar of revenue. On growth, Bitcoin Depot Inc. posted the faster year-over-year revenue change (20.1% vs 0.2%). Bitcoin Depot Inc. produced more free cash flow last quarter ($2.5M vs $-10.2M). Over the past eight quarters, Bitcoin Depot Inc.'s revenue compounded faster (-4.9% CAGR vs -22.6%).
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.
The Lovesac Company is an American furniture retailer, specializing in a patented modular furniture system called Sactionals. Sactionals consist of two combinable pieces, “Seats” and “Sides,” as well as custom-fit covers and associated accessories. Lovesac also sells Sacs, a bag seat filled with a proprietary foam mixture.
BTM vs LOVE — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $162.5M | $150.2M |
| Net Profit | $5.5M | $-10.6M |
| Gross Margin | — | 56.1% |
| Operating Margin | 7.3% | -10.5% |
| Net Margin | 3.4% | -7.0% |
| Revenue YoY | 20.1% | 0.2% |
| Net Profit YoY | 690.4% | -114.0% |
| EPS (diluted) | $0.08 | $-0.72 |
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 | — | $150.2M | ||
| Q3 25 | $162.5M | $160.5M | ||
| Q2 25 | $172.1M | $138.4M | ||
| Q1 25 | $164.2M | $241.5M | ||
| Q4 24 | — | $149.9M | ||
| Q3 24 | $135.3M | $156.6M | ||
| Q2 24 | $163.1M | $132.6M | ||
| Q1 24 | $138.5M | $250.5M |
| Q4 25 | — | $-10.6M | ||
| Q3 25 | $5.5M | $-6.7M | ||
| Q2 25 | $6.1M | $-10.8M | ||
| Q1 25 | $4.2M | $35.3M | ||
| Q4 24 | — | $-4.9M | ||
| Q3 24 | $-939.0K | $-5.9M | ||
| Q2 24 | $-2.6M | $-13.0M | ||
| Q1 24 | $-1.5M | $31.0M |
| Q4 25 | — | 56.1% | ||
| Q3 25 | — | 56.4% | ||
| Q2 25 | — | 53.7% | ||
| Q1 25 | — | 60.4% | ||
| Q4 24 | — | 58.5% | ||
| Q3 24 | — | 59.0% | ||
| Q2 24 | — | 54.3% | ||
| Q1 24 | — | 59.7% |
| Q4 25 | — | -10.5% | ||
| Q3 25 | 7.3% | -5.5% | ||
| Q2 25 | 9.2% | -10.8% | ||
| Q1 25 | 10.8% | 19.7% | ||
| Q4 24 | — | -5.2% | ||
| Q3 24 | 4.1% | -5.3% | ||
| Q2 24 | 4.7% | -13.5% | ||
| Q1 24 | 0.5% | 16.1% |
| Q4 25 | — | -7.0% | ||
| Q3 25 | 3.4% | -4.1% | ||
| Q2 25 | 3.5% | -7.8% | ||
| Q1 25 | 2.6% | 14.6% | ||
| Q4 24 | — | -3.3% | ||
| Q3 24 | -0.7% | -3.7% | ||
| Q2 24 | -1.6% | -9.8% | ||
| Q1 24 | -1.1% | 12.4% |
| Q4 25 | — | $-0.72 | ||
| Q3 25 | $0.08 | $-0.45 | ||
| Q2 25 | $0.16 | $-0.73 | ||
| Q1 25 | $0.20 | $2.22 | ||
| Q4 24 | — | $-0.32 | ||
| Q3 24 | $-0.05 | $-0.38 | ||
| Q2 24 | $-0.13 | $-0.83 | ||
| Q1 24 | $-0.25 | $1.91 |
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 | $23.7M |
| Total DebtLower is stronger | $67.5M | — |
| Stockholders' EquityBook value | $21.0M | $189.3M |
| Total Assets | $125.3M | $495.5M |
| Debt / EquityLower = less leverage | 3.21× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $23.7M | ||
| Q3 25 | $59.3M | $34.2M | ||
| Q2 25 | $48.0M | $26.9M | ||
| Q1 25 | $35.0M | $83.7M | ||
| Q4 24 | — | $61.7M | ||
| Q3 24 | $32.2M | $72.1M | ||
| Q2 24 | $43.9M | $72.4M | ||
| Q1 24 | $42.2M | $87.0M |
| 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 | — |
| Q4 25 | — | $189.3M | ||
| Q3 25 | $21.0M | $197.5M | ||
| Q2 25 | $4.7M | $201.2M | ||
| Q1 25 | $-4.6M | $216.4M | ||
| Q4 24 | — | $196.5M | ||
| Q3 24 | $-7.9M | $202.1M | ||
| Q2 24 | $4.4M | $205.3M | ||
| Q1 24 | $5.0M | $217.5M |
| Q4 25 | — | $495.5M | ||
| Q3 25 | $125.3M | $493.7M | ||
| Q2 25 | $109.1M | $483.7M | ||
| Q1 25 | $89.7M | $532.3M | ||
| Q4 24 | — | $499.7M | ||
| Q3 24 | $87.4M | $481.1M | ||
| Q2 24 | $97.5M | $477.2M | ||
| Q1 24 | $90.1M | $482.2M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $6.6M | $-4.9M |
| Free Cash FlowOCF − Capex | $2.5M | $-10.2M |
| FCF MarginFCF / Revenue | 1.6% | -6.8% |
| Capex IntensityCapex / Revenue | 2.5% | 3.5% |
| Cash ConversionOCF / Net Profit | 1.20× | — |
| TTM Free Cash FlowTrailing 4 quarters | $27.1M | $-13.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-4.9M | ||
| Q3 25 | $6.6M | $12.2M | ||
| Q2 25 | $10.2M | $-41.4M | ||
| Q1 25 | $16.3M | $44.0M | ||
| Q4 24 | — | $-4.2M | ||
| Q3 24 | $5.8M | $6.2M | ||
| Q2 24 | $10.1M | $-7.0M | ||
| Q1 24 | $1.3M | $56.3M |
| Q4 25 | — | $-10.2M | ||
| Q3 25 | $2.5M | $7.8M | ||
| Q2 25 | $9.8M | $-50.0M | ||
| Q1 25 | $15.9M | $38.7M | ||
| Q4 24 | — | $-6.6M | ||
| Q3 24 | $-1.0M | $119.0K | ||
| Q2 24 | $7.6M | $-14.3M | ||
| Q1 24 | $789.0K | $49.5M |
| Q4 25 | — | -6.8% | ||
| Q3 25 | 1.6% | 4.9% | ||
| Q2 25 | 5.7% | -36.1% | ||
| Q1 25 | 9.7% | 16.0% | ||
| Q4 24 | — | -4.4% | ||
| Q3 24 | -0.8% | 0.1% | ||
| Q2 24 | 4.7% | -10.8% | ||
| Q1 24 | 0.6% | 19.8% |
| Q4 25 | — | 3.5% | ||
| Q3 25 | 2.5% | 2.7% | ||
| Q2 25 | 0.2% | 6.2% | ||
| Q1 25 | 0.2% | 2.2% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | 5.0% | 3.9% | ||
| Q2 24 | 1.5% | 5.5% | ||
| Q1 24 | 0.4% | 2.7% |
| Q4 25 | — | — | ||
| Q3 25 | 1.20× | — | ||
| Q2 25 | 1.67× | — | ||
| Q1 25 | 3.88× | 1.25× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.82× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BTM
Segment breakdown not available.
LOVE
| Showrooms | $102.7M | 68% |
| Internet | $37.3M | 25% |
| Other | $10.2M | 7% |
