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Side-by-side financial comparison of Bitcoin Depot Inc. (BTM) and STURM RUGER & CO INC (RGR). Click either name above to swap in a different company.

Bitcoin Depot Inc. is the larger business by last-quarter revenue ($162.5M vs $151.1M, roughly 1.1× STURM RUGER & CO INC). On growth, Bitcoin Depot Inc. posted the faster year-over-year revenue change (20.1% vs 3.6%). STURM RUGER & CO INC produced more free cash flow last quarter ($12.3M vs $2.5M). Over the past eight quarters, STURM RUGER & CO INC's revenue compounded faster (5.1% 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.

Sturm, Ruger & Company, Inc., better known by the shortened name Ruger, is an American firearm manufacturing company based in Southport, Connecticut, with production facilities also in Newport, New Hampshire; Mayodan, North Carolina; and Prescott, Arizona. The company was founded in 1949 by Alexander McCormick Sturm and William B. Ruger and has been publicly traded since 1969.

BTM vs RGR — Head-to-Head

Bigger by revenue
BTM
BTM
1.1× larger
BTM
$162.5M
$151.1M
RGR
Growing faster (revenue YoY)
BTM
BTM
+16.5% gap
BTM
20.1%
3.6%
RGR
More free cash flow
RGR
RGR
$9.8M more FCF
RGR
$12.3M
$2.5M
BTM
Faster 2-yr revenue CAGR
RGR
RGR
Annualised
RGR
5.1%
-4.9%
BTM

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BTM
BTM
RGR
RGR
Revenue
$162.5M
$151.1M
Net Profit
$5.5M
Gross Margin
17.8%
Operating Margin
7.3%
2.3%
Net Margin
3.4%
Revenue YoY
20.1%
3.6%
Net Profit YoY
690.4%
EPS (diluted)
$0.08
$0.22

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.

Revenue
BTM
BTM
RGR
RGR
Q4 25
$151.1M
Q3 25
$162.5M
$126.8M
Q2 25
$172.1M
$132.5M
Q1 25
$164.2M
$135.7M
Q4 24
$145.8M
Q3 24
$135.3M
$122.3M
Q2 24
$163.1M
$130.8M
Q1 24
$138.5M
$136.8M
Net Profit
BTM
BTM
RGR
RGR
Q4 25
Q3 25
$5.5M
$1.6M
Q2 25
$6.1M
$-17.2M
Q1 25
$4.2M
$7.8M
Q4 24
Q3 24
$-939.0K
$4.7M
Q2 24
$-2.6M
$8.3M
Q1 24
$-1.5M
$7.1M
Gross Margin
BTM
BTM
RGR
RGR
Q4 25
17.8%
Q3 25
15.1%
Q2 25
3.9%
Q1 25
22.0%
Q4 24
22.8%
Q3 24
18.5%
Q2 24
22.3%
Q1 24
21.5%
Operating Margin
BTM
BTM
RGR
RGR
Q4 25
2.3%
Q3 25
7.3%
-2.7%
Q2 25
9.2%
-15.6%
Q1 25
10.8%
6.2%
Q4 24
7.8%
Q3 24
4.1%
3.1%
Q2 24
4.7%
6.9%
Q1 24
0.5%
5.5%
Net Margin
BTM
BTM
RGR
RGR
Q4 25
Q3 25
3.4%
1.2%
Q2 25
3.5%
-13.0%
Q1 25
2.6%
5.7%
Q4 24
Q3 24
-0.7%
3.9%
Q2 24
-1.6%
6.3%
Q1 24
-1.1%
5.2%
EPS (diluted)
BTM
BTM
RGR
RGR
Q4 25
$0.22
Q3 25
$0.08
$0.10
Q2 25
$0.16
$-1.05
Q1 25
$0.20
$0.46
Q4 24
$0.62
Q3 24
$-0.05
$0.28
Q2 24
$-0.13
$0.47
Q1 24
$-0.25
$0.40

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BTM
BTM
RGR
RGR
Cash + ST InvestmentsLiquidity on hand
$59.3M
$92.5M
Total DebtLower is stronger
$67.5M
Stockholders' EquityBook value
$21.0M
$283.8M
Total Assets
$125.3M
$342.0M
Debt / EquityLower = less leverage
3.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTM
BTM
RGR
RGR
Q4 25
$92.5M
Q3 25
$59.3M
$80.8M
Q2 25
$48.0M
$101.4M
Q1 25
$35.0M
$108.3M
Q4 24
$105.5M
Q3 24
$32.2M
$96.0M
Q2 24
$43.9M
$105.6M
Q1 24
$42.2M
$115.3M
Total Debt
BTM
BTM
RGR
RGR
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
Stockholders' Equity
BTM
BTM
RGR
RGR
Q4 25
$283.8M
Q3 25
$21.0M
$279.6M
Q2 25
$4.7M
$289.3M
Q1 25
$-4.6M
$321.5M
Q4 24
$319.6M
Q3 24
$-7.9M
$314.9M
Q2 24
$4.4M
$321.5M
Q1 24
$5.0M
$332.0M
Total Assets
BTM
BTM
RGR
RGR
Q4 25
$342.0M
Q3 25
$125.3M
$342.3M
Q2 25
$109.1M
$349.5M
Q1 25
$89.7M
$379.0M
Q4 24
$384.0M
Q3 24
$87.4M
$373.5M
Q2 24
$97.5M
$376.7M
Q1 24
$90.1M
$385.0M
Debt / Equity
BTM
BTM
RGR
RGR
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
BTM
BTM
RGR
RGR
Operating Cash FlowLast quarter
$6.6M
$15.5M
Free Cash FlowOCF − Capex
$2.5M
$12.3M
FCF MarginFCF / Revenue
1.6%
8.2%
Capex IntensityCapex / Revenue
2.5%
2.1%
Cash ConversionOCF / Net Profit
1.20×
TTM Free Cash FlowTrailing 4 quarters
$27.1M
$38.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTM
BTM
RGR
RGR
Q4 25
$15.5M
Q3 25
$6.6M
$12.9M
Q2 25
$10.2M
$14.7M
Q1 25
$16.3M
$11.1M
Q4 24
$20.0M
Q3 24
$5.8M
$9.4M
Q2 24
$10.1M
$18.7M
Q1 24
$1.3M
$7.3M
Free Cash Flow
BTM
BTM
RGR
RGR
Q4 25
$12.3M
Q3 25
$2.5M
$7.0M
Q2 25
$9.8M
$9.1M
Q1 25
$15.9M
$10.0M
Q4 24
$16.4M
Q3 24
$-1.0M
$2.6M
Q2 24
$7.6M
$10.1M
Q1 24
$789.0K
$5.6M
FCF Margin
BTM
BTM
RGR
RGR
Q4 25
8.2%
Q3 25
1.6%
5.5%
Q2 25
5.7%
6.9%
Q1 25
9.7%
7.4%
Q4 24
11.2%
Q3 24
-0.8%
2.1%
Q2 24
4.7%
7.7%
Q1 24
0.6%
4.1%
Capex Intensity
BTM
BTM
RGR
RGR
Q4 25
2.1%
Q3 25
2.5%
4.6%
Q2 25
0.2%
4.2%
Q1 25
0.2%
0.8%
Q4 24
2.5%
Q3 24
5.0%
5.5%
Q2 24
1.5%
6.6%
Q1 24
0.4%
1.3%
Cash Conversion
BTM
BTM
RGR
RGR
Q4 25
Q3 25
1.20×
8.15×
Q2 25
1.67×
Q1 25
3.88×
1.43×
Q4 24
Q3 24
1.98×
Q2 24
2.27×
Q1 24
1.04×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BTM
BTM

Segment breakdown not available.

RGR
RGR

Firearms$150.6M100%
Castings$7.3M5%

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