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Side-by-side financial comparison of Bitcoin Depot Inc. (BTM) and STRATASYS LTD. (SSYS). Click either name above to swap in a different company.
Bitcoin Depot Inc. is the larger business by last-quarter revenue ($162.5M vs $137.0M, roughly 1.2× STRATASYS LTD.). Bitcoin Depot Inc. runs the higher net margin — 3.4% vs -40.6%, a 44.0% gap on every dollar of revenue. On growth, Bitcoin Depot Inc. posted the faster year-over-year revenue change (20.1% vs -2.2%). Bitcoin Depot Inc. produced more free cash flow last quarter ($2.5M vs $2.5M). Over the past eight quarters, Bitcoin Depot Inc.'s revenue compounded faster (-4.9% CAGR vs -7.4%).
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.
Stratasys, Ltd. is an American-Israeli manufacturer of 3D printers, software, and materials for polymer additive manufacturing as well as 3D-printed parts on-demand. The company is incorporated in Israel. Engineers use Stratasys systems to model complex geometries in a wide range of polymer materials, including: ABS, polyphenylsulfone (PPSF), polycarbonate (PC), polyetherimide and Nylon 12.
BTM vs SSYS — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $162.5M | $137.0M |
| Net Profit | $5.5M | $-55.6M |
| Gross Margin | — | 41.0% |
| Operating Margin | 7.3% | -16.6% |
| Net Margin | 3.4% | -40.6% |
| Revenue YoY | 20.1% | -2.2% |
| Net Profit YoY | 690.4% | -109.0% |
| EPS (diluted) | $0.08 | — |
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.
| Q3 25 | $162.5M | $137.0M | ||
| Q2 25 | $172.1M | $138.1M | ||
| Q1 25 | $164.2M | $136.0M | ||
| Q3 24 | $135.3M | $140.0M | ||
| Q2 24 | $163.1M | $138.0M | ||
| Q1 24 | $138.5M | $144.1M | ||
| Q4 23 | $148.4M | — | ||
| Q3 23 | $179.5M | $162.1M |
| Q3 25 | $5.5M | $-55.6M | ||
| Q2 25 | $6.1M | $-16.7M | ||
| Q1 25 | $4.2M | $-13.1M | ||
| Q3 24 | $-939.0K | $-26.6M | ||
| Q2 24 | $-2.6M | $-25.7M | ||
| Q1 24 | $-1.5M | $-26.0M | ||
| Q4 23 | $-8.3M | — | ||
| Q3 23 | $-7.1M | $-47.3M |
| Q3 25 | — | 41.0% | ||
| Q2 25 | — | 43.1% | ||
| Q1 25 | — | 44.3% | ||
| Q3 24 | — | 44.8% | ||
| Q2 24 | — | 43.8% | ||
| Q1 24 | — | 44.4% | ||
| Q4 23 | — | — | ||
| Q3 23 | — | 40.5% |
| Q3 25 | 7.3% | -16.6% | ||
| Q2 25 | 9.2% | -12.0% | ||
| Q1 25 | 10.8% | -9.1% | ||
| Q3 24 | 4.1% | -18.2% | ||
| Q2 24 | 4.7% | -18.9% | ||
| Q1 24 | 0.5% | -17.0% | ||
| Q4 23 | 2.6% | — | ||
| Q3 23 | 4.1% | -26.4% |
| Q3 25 | 3.4% | -40.6% | ||
| Q2 25 | 3.5% | -12.1% | ||
| Q1 25 | 2.6% | -9.6% | ||
| Q3 24 | -0.7% | -19.0% | ||
| Q2 24 | -1.6% | -18.6% | ||
| Q1 24 | -1.1% | -18.0% | ||
| Q4 23 | -5.6% | — | ||
| Q3 23 | -4.0% | -29.2% |
| Q3 25 | $0.08 | — | ||
| Q2 25 | $0.16 | — | ||
| Q1 25 | $0.20 | — | ||
| Q3 24 | $-0.05 | — | ||
| Q2 24 | $-0.13 | — | ||
| Q1 24 | $-0.25 | — | ||
| Q4 23 | — | — | ||
| Q3 23 | $-0.43 | $-0.68 |
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 | $71.5M |
| Total DebtLower is stronger | $67.5M | — |
| Stockholders' EquityBook value | $21.0M | $852.5M |
| Total Assets | $125.3M | $1.1B |
| Debt / EquityLower = less leverage | 3.21× | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $59.3M | $71.5M | ||
| Q2 25 | $48.0M | $71.1M | ||
| Q1 25 | $35.0M | $70.1M | ||
| Q3 24 | $32.2M | $64.0M | ||
| Q2 24 | $43.9M | $70.9M | ||
| Q1 24 | $42.2M | $91.1M | ||
| Q4 23 | $29.8M | — | ||
| Q3 23 | $29.7M | $104.6M |
| Q3 25 | $67.5M | — | ||
| Q2 25 | $66.5M | — | ||
| Q1 25 | $56.2M | — | ||
| Q3 24 | $44.5M | — | ||
| Q2 24 | $41.2M | — | ||
| Q1 24 | $37.6M | — | ||
| Q4 23 | $22.5M | — | ||
| Q3 23 | $20.8M | — |
| Q3 25 | $21.0M | $852.5M | ||
| Q2 25 | $4.7M | $902.4M | ||
| Q1 25 | $-4.6M | $784.8M | ||
| Q3 24 | $-7.9M | $831.8M | ||
| Q2 24 | $4.4M | $850.5M | ||
| Q1 24 | $5.0M | $866.1M | ||
| Q4 23 | — | — | ||
| Q3 23 | $6.6M | $883.1M |
| Q3 25 | $125.3M | $1.1B | ||
| Q2 25 | $109.1M | $1.1B | ||
| Q1 25 | $89.7M | $1.0B | ||
| Q3 24 | $87.4M | $1.1B | ||
| Q2 24 | $97.5M | $1.1B | ||
| Q1 24 | $90.1M | $1.1B | ||
| Q4 23 | $74.3M | — | ||
| Q3 23 | $78.5M | $1.2B |
| Q3 25 | 3.21× | — | ||
| Q2 25 | 14.18× | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 9.27× | — | ||
| Q1 24 | 7.54× | — | ||
| Q4 23 | — | — | ||
| Q3 23 | 3.15× | — |
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 | $6.9M |
| Free Cash FlowOCF − Capex | $2.5M | $2.5M |
| FCF MarginFCF / Revenue | 1.6% | 1.8% |
| Capex IntensityCapex / Revenue | 2.5% | 3.2% |
| Cash ConversionOCF / Net Profit | 1.20× | — |
| TTM Free Cash FlowTrailing 4 quarters | $27.1M | $-11.5M |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $6.6M | $6.9M | ||
| Q2 25 | $10.2M | $-1.1M | ||
| Q1 25 | $16.3M | $4.5M | ||
| Q3 24 | $5.8M | $-4.5M | ||
| Q2 24 | $10.1M | $-2.4M | ||
| Q1 24 | $1.3M | $7.3M | ||
| Q4 23 | $7.5M | — | ||
| Q3 23 | $7.0M | $-12.7M |
| Q3 25 | $2.5M | $2.5M | ||
| Q2 25 | $9.8M | $-8.4M | ||
| Q1 25 | $15.9M | $789.0K | ||
| Q3 24 | $-1.0M | $-6.3M | ||
| Q2 24 | $7.6M | $-4.9M | ||
| Q1 24 | $789.0K | $5.0M | ||
| Q4 23 | — | — | ||
| Q3 23 | $7.0M | $-15.0M |
| Q3 25 | 1.6% | 1.8% | ||
| Q2 25 | 5.7% | -6.1% | ||
| Q1 25 | 9.7% | 0.6% | ||
| Q3 24 | -0.8% | -4.5% | ||
| Q2 24 | 4.7% | -3.6% | ||
| Q1 24 | 0.6% | 3.5% | ||
| Q4 23 | — | — | ||
| Q3 23 | 3.9% | -9.3% |
| Q3 25 | 2.5% | 3.2% | ||
| Q2 25 | 0.2% | 5.3% | ||
| Q1 25 | 0.2% | 2.8% | ||
| Q3 24 | 5.0% | 1.3% | ||
| Q2 24 | 1.5% | 1.8% | ||
| Q1 24 | 0.4% | 1.6% | ||
| Q4 23 | — | — | ||
| Q3 23 | 0.0% | 1.4% |
| Q3 25 | 1.20× | — | ||
| Q2 25 | 1.67× | — | ||
| Q1 25 | 3.88× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
