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Side-by-side financial comparison of Bitcoin Depot Inc. (BTM) and PagerDuty, Inc. (PD). Click either name above to swap in a different company.
Bitcoin Depot Inc. is the larger business by last-quarter revenue ($162.5M vs $124.5M, roughly 1.3× PagerDuty, Inc.). PagerDuty, Inc. runs the higher net margin — 129.7% vs 3.4%, a 126.3% gap on every dollar of revenue. On growth, Bitcoin Depot Inc. posted the faster year-over-year revenue change (20.1% vs 4.7%). PagerDuty, Inc. produced more free cash flow last quarter ($24.1M vs $2.5M). Over the past eight quarters, PagerDuty, Inc.'s revenue compounded faster (5.9% 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.
PagerDuty, Inc. is an American cloud computing company specializing in a SaaS incident management platform for IT operations departments.
BTM vs PD — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $162.5M | $124.5M |
| Net Profit | $5.5M | $161.6M |
| Gross Margin | — | 85.3% |
| Operating Margin | 7.3% | 6.5% |
| Net Margin | 3.4% | 129.7% |
| Revenue YoY | 20.1% | 4.7% |
| Net Profit YoY | 690.4% | 2827.7% |
| EPS (diluted) | $0.08 | $1.69 |
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 | — | $124.5M | ||
| Q3 25 | $162.5M | $123.4M | ||
| Q2 25 | $172.1M | $119.8M | ||
| Q1 25 | $164.2M | $121.4M | ||
| Q4 24 | — | $118.9M | ||
| Q3 24 | $135.3M | $115.9M | ||
| Q2 24 | $163.1M | $111.2M | ||
| Q1 24 | $138.5M | $111.1M |
| Q4 25 | — | $161.6M | ||
| Q3 25 | $5.5M | $9.6M | ||
| Q2 25 | $6.1M | $-7.2M | ||
| Q1 25 | $4.2M | $-8.8M | ||
| Q4 24 | — | $-5.9M | ||
| Q3 24 | $-939.0K | $-10.9M | ||
| Q2 24 | $-2.6M | $-17.1M | ||
| Q1 24 | $-1.5M | $-28.2M |
| Q4 25 | — | 85.3% | ||
| Q3 25 | — | 84.6% | ||
| Q2 25 | — | 84.0% | ||
| Q1 25 | — | 83.6% | ||
| Q4 24 | — | 83.0% | ||
| Q3 24 | — | 82.7% | ||
| Q2 24 | — | 82.6% | ||
| Q1 24 | — | 81.7% |
| Q4 25 | — | 6.5% | ||
| Q3 25 | 7.3% | 2.9% | ||
| Q2 25 | 9.2% | -8.6% | ||
| Q1 25 | 10.8% | -9.6% | ||
| Q4 24 | — | -8.7% | ||
| Q3 24 | 4.1% | -13.8% | ||
| Q2 24 | 4.7% | -19.5% | ||
| Q1 24 | 0.5% | -30.1% |
| Q4 25 | — | 129.7% | ||
| Q3 25 | 3.4% | 7.8% | ||
| Q2 25 | 3.5% | -6.0% | ||
| Q1 25 | 2.6% | -7.2% | ||
| Q4 24 | — | -5.0% | ||
| Q3 24 | -0.7% | -9.4% | ||
| Q2 24 | -1.6% | -15.4% | ||
| Q1 24 | -1.1% | -25.3% |
| Q4 25 | — | $1.69 | ||
| Q3 25 | $0.08 | $0.10 | ||
| Q2 25 | $0.16 | $-0.07 | ||
| Q1 25 | $0.20 | $-0.12 | ||
| Q4 24 | — | $-0.07 | ||
| Q3 24 | $-0.05 | $-0.14 | ||
| Q2 24 | $-0.13 | $-0.26 | ||
| Q1 24 | $-0.25 | $-0.34 |
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 | $547.8M |
| Total DebtLower is stronger | $67.5M | — |
| Stockholders' EquityBook value | $21.0M | $320.5M |
| Total Assets | $125.3M | $1.0B |
| Debt / EquityLower = less leverage | 3.21× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $547.8M | ||
| Q3 25 | $59.3M | $567.9M | ||
| Q2 25 | $48.0M | $597.1M | ||
| Q1 25 | $35.0M | $570.8M | ||
| Q4 24 | — | $542.2M | ||
| Q3 24 | $32.2M | $599.3M | ||
| Q2 24 | $43.9M | $592.8M | ||
| Q1 24 | $42.2M | $571.2M |
| Q4 25 | — | — | ||
| Q3 25 | $67.5M | — | ||
| Q2 25 | $66.5M | — | ||
| Q1 25 | $56.2M | $484.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | $44.5M | — | ||
| Q2 24 | $41.2M | — | ||
| Q1 24 | $37.6M | $489.5M |
| Q4 25 | — | $320.5M | ||
| Q3 25 | $21.0M | $180.7M | ||
| Q2 25 | $4.7M | $145.7M | ||
| Q1 25 | $-4.6M | $129.8M | ||
| Q4 24 | — | $111.6M | ||
| Q3 24 | $-7.9M | $164.7M | ||
| Q2 24 | $4.4M | $174.0M | ||
| Q1 24 | $5.0M | $171.6M |
| Q4 25 | — | $1.0B | ||
| Q3 25 | $125.3M | $891.5M | ||
| Q2 25 | $109.1M | $926.8M | ||
| Q1 25 | $89.7M | $927.3M | ||
| Q4 24 | — | $866.8M | ||
| Q3 24 | $87.4M | $916.0M | ||
| Q2 24 | $97.5M | $924.0M | ||
| Q1 24 | $90.1M | $925.3M |
| Q4 25 | — | — | ||
| Q3 25 | 3.21× | — | ||
| Q2 25 | 14.18× | — | ||
| Q1 25 | — | 3.73× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 9.27× | — | ||
| Q1 24 | 7.54× | 2.85× |
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 | $24.8M |
| Free Cash FlowOCF − Capex | $2.5M | $24.1M |
| FCF MarginFCF / Revenue | 1.6% | 19.3% |
| Capex IntensityCapex / Revenue | 2.5% | 0.6% |
| Cash ConversionOCF / Net Profit | 1.20× | 0.15× |
| TTM Free Cash FlowTrailing 4 quarters | $27.1M | $117.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $24.8M | ||
| Q3 25 | $6.6M | $34.0M | ||
| Q2 25 | $10.2M | $30.7M | ||
| Q1 25 | $16.3M | $31.4M | ||
| Q4 24 | — | $22.1M | ||
| Q3 24 | $5.8M | $35.8M | ||
| Q2 24 | $10.1M | $28.6M | ||
| Q1 24 | $1.3M | $22.2M |
| Q4 25 | — | $24.1M | ||
| Q3 25 | $2.5M | $33.1M | ||
| Q2 25 | $9.8M | $30.2M | ||
| Q1 25 | $15.9M | $30.3M | ||
| Q4 24 | — | $21.5M | ||
| Q3 24 | $-1.0M | $35.1M | ||
| Q2 24 | $7.6M | $28.2M | ||
| Q1 24 | $789.0K | $21.2M |
| Q4 25 | — | 19.3% | ||
| Q3 25 | 1.6% | 26.8% | ||
| Q2 25 | 5.7% | 25.2% | ||
| Q1 25 | 9.7% | 24.9% | ||
| Q4 24 | — | 18.1% | ||
| Q3 24 | -0.8% | 30.3% | ||
| Q2 24 | 4.7% | 25.4% | ||
| Q1 24 | 0.6% | 19.1% |
| Q4 25 | — | 0.6% | ||
| Q3 25 | 2.5% | 0.7% | ||
| Q2 25 | 0.2% | 0.4% | ||
| Q1 25 | 0.2% | 0.9% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | 5.0% | 0.5% | ||
| Q2 24 | 1.5% | 0.4% | ||
| Q1 24 | 0.4% | 0.9% |
| Q4 25 | — | 0.15× | ||
| Q3 25 | 1.20× | 3.55× | ||
| Q2 25 | 1.67× | — | ||
| Q1 25 | 3.88× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BTM
Segment breakdown not available.
PD
| US | $88.8M | 71% |
| Non Us | $35.7M | 29% |
