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Side-by-side financial comparison of Bitcoin Depot Inc. (BTM) and QUINSTREET, INC (QNST). Click either name above to swap in a different company.
QUINSTREET, INC is the larger business by last-quarter revenue ($287.8M vs $162.5M, roughly 1.8× Bitcoin Depot Inc.). QUINSTREET, INC runs the higher net margin — 17.4% vs 3.4%, a 14.0% gap on every dollar of revenue. On growth, Bitcoin Depot Inc. posted the faster year-over-year revenue change (20.1% vs 1.9%). QUINSTREET, INC produced more free cash flow last quarter ($20.7M vs $2.5M). Over the past eight quarters, QUINSTREET, INC's revenue compounded faster (53.2% 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.
QUINSTREET, INCQNSTEarnings & Financial Report
QuinStreet, Inc. is a publicly traded online marketing company based in Foster City, California. The company helps generate web traffic for clients by acquiring popular domain names.
BTM vs QNST — Head-to-Head
Income Statement — Q3 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $162.5M | $287.8M |
| Net Profit | $5.5M | $50.2M |
| Gross Margin | — | 9.6% |
| Operating Margin | 7.3% | 0.4% |
| Net Margin | 3.4% | 17.4% |
| Revenue YoY | 20.1% | 1.9% |
| Net Profit YoY | 690.4% | 3342.5% |
| EPS (diluted) | $0.08 | $0.87 |
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 | — | $287.8M | ||
| Q3 25 | $162.5M | $285.9M | ||
| Q2 25 | $172.1M | — | ||
| Q1 25 | $164.2M | $269.8M | ||
| Q4 24 | — | $282.6M | ||
| Q3 24 | $135.3M | $279.2M | ||
| Q2 24 | $163.1M | $198.3M | ||
| Q1 24 | $138.5M | $168.6M |
| Q4 25 | — | $50.2M | ||
| Q3 25 | $5.5M | $4.5M | ||
| Q2 25 | $6.1M | — | ||
| Q1 25 | $4.2M | $4.4M | ||
| Q4 24 | — | $-1.5M | ||
| Q3 24 | $-939.0K | $-1.4M | ||
| Q2 24 | $-2.6M | $-2.2M | ||
| Q1 24 | $-1.5M | $-7.0M |
| Q4 25 | — | 9.6% | ||
| Q3 25 | — | 9.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 10.3% | ||
| Q4 24 | — | 9.5% | ||
| Q3 24 | — | 10.2% | ||
| Q2 24 | — | 8.8% | ||
| Q1 24 | — | 8.5% |
| Q4 25 | — | 0.4% | ||
| Q3 25 | 7.3% | 1.7% | ||
| Q2 25 | 9.2% | — | ||
| Q1 25 | 10.8% | 1.8% | ||
| Q4 24 | — | -0.5% | ||
| Q3 24 | 4.1% | -0.4% | ||
| Q2 24 | 4.7% | -0.7% | ||
| Q1 24 | 0.5% | -3.2% |
| Q4 25 | — | 17.4% | ||
| Q3 25 | 3.4% | 1.6% | ||
| Q2 25 | 3.5% | — | ||
| Q1 25 | 2.6% | 1.6% | ||
| Q4 24 | — | -0.5% | ||
| Q3 24 | -0.7% | -0.5% | ||
| Q2 24 | -1.6% | -1.1% | ||
| Q1 24 | -1.1% | -4.2% |
| Q4 25 | — | $0.87 | ||
| Q3 25 | $0.08 | $0.08 | ||
| Q2 25 | $0.16 | — | ||
| Q1 25 | $0.20 | $0.08 | ||
| Q4 24 | — | $-0.03 | ||
| Q3 24 | $-0.05 | $-0.02 | ||
| Q2 24 | $-0.13 | $-0.04 | ||
| Q1 24 | $-0.25 | $-0.13 |
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 | $107.0M |
| Total DebtLower is stronger | $67.5M | — |
| Stockholders' EquityBook value | $21.0M | $294.4M |
| Total Assets | $125.3M | $493.0M |
| Debt / EquityLower = less leverage | 3.21× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $107.0M | ||
| Q3 25 | $59.3M | $101.3M | ||
| Q2 25 | $48.0M | — | ||
| Q1 25 | $35.0M | $81.8M | ||
| Q4 24 | — | $57.8M | ||
| Q3 24 | $32.2M | $25.0M | ||
| Q2 24 | $43.9M | $50.5M | ||
| Q1 24 | $42.2M | $39.6M |
| 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 | — | $294.4M | ||
| Q3 25 | $21.0M | $246.7M | ||
| Q2 25 | $4.7M | — | ||
| Q1 25 | $-4.6M | $235.5M | ||
| Q4 24 | — | $224.3M | ||
| Q3 24 | $-7.9M | $219.8M | ||
| Q2 24 | $4.4M | $216.8M | ||
| Q1 24 | $5.0M | $215.0M |
| Q4 25 | — | $493.0M | ||
| Q3 25 | $125.3M | $442.6M | ||
| Q2 25 | $109.1M | — | ||
| Q1 25 | $89.7M | $417.2M | ||
| Q4 24 | — | $409.6M | ||
| Q3 24 | $87.4M | $401.2M | ||
| Q2 24 | $97.5M | $368.5M | ||
| Q1 24 | $90.1M | $349.3M |
| 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 | $21.6M |
| Free Cash FlowOCF − Capex | $2.5M | $20.7M |
| FCF MarginFCF / Revenue | 1.6% | 7.2% |
| Capex IntensityCapex / Revenue | 2.5% | 0.3% |
| Cash ConversionOCF / Net Profit | 1.20× | 0.43× |
| TTM Free Cash FlowTrailing 4 quarters | $27.1M | $106.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $21.6M | ||
| Q3 25 | $6.6M | $19.6M | ||
| Q2 25 | $10.2M | — | ||
| Q1 25 | $16.3M | $30.1M | ||
| Q4 24 | — | $38.7M | ||
| Q3 24 | $5.8M | $-13.7M | ||
| Q2 24 | $10.1M | $16.6M | ||
| Q1 24 | $1.3M | $4.1M |
| Q4 25 | — | $20.7M | ||
| Q3 25 | $2.5M | $18.4M | ||
| Q2 25 | $9.8M | — | ||
| Q1 25 | $15.9M | $29.5M | ||
| Q4 24 | — | $38.2M | ||
| Q3 24 | $-1.0M | $-14.1M | ||
| Q2 24 | $7.6M | $15.4M | ||
| Q1 24 | $789.0K | $2.9M |
| Q4 25 | — | 7.2% | ||
| Q3 25 | 1.6% | 6.4% | ||
| Q2 25 | 5.7% | — | ||
| Q1 25 | 9.7% | 10.9% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | -0.8% | -5.1% | ||
| Q2 24 | 4.7% | 7.8% | ||
| Q1 24 | 0.6% | 1.7% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | 2.5% | 0.4% | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | 0.2% | 0.2% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | 5.0% | 0.2% | ||
| Q2 24 | 1.5% | 0.6% | ||
| Q1 24 | 0.4% | 0.7% |
| Q4 25 | — | 0.43× | ||
| Q3 25 | 1.20× | 4.32× | ||
| Q2 25 | 1.67× | — | ||
| Q1 25 | 3.88× | 6.82× | ||
| 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.
QNST
| Financial Service | $216.8M | 75% |
| Home Services And Other Revenue | $71.0M | 25% |
