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Side-by-side financial comparison of Bitcoin Depot Inc. (BTM) and USANA HEALTH SCIENCES INC (USNA). Click either name above to swap in a different company.

USANA HEALTH SCIENCES INC is the larger business by last-quarter revenue ($226.2M vs $162.5M, roughly 1.4× Bitcoin Depot Inc.). Bitcoin Depot Inc. runs the higher net margin — 3.4% vs 0.1%, a 3.3% gap on every dollar of revenue. On growth, Bitcoin Depot Inc. posted the faster year-over-year revenue change (20.1% vs -10.0%). Over the past eight quarters, USANA HEALTH SCIENCES INC's revenue compounded faster (3.1% 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.

Usana Health Sciences, Inc., or USANA, is an American multi-level marketing company based in Salt Lake City, Utah. As of 2021, Usana was the 14th largest direct-selling company in the world by revenue. The company manufactures most of its nutritional products, dietary supplements, and skincare products at a Salt Lake City facility. Its products are sold in 24 countries via a network of independent distributors.

BTM vs USNA — Head-to-Head

Bigger by revenue
USNA
USNA
1.4× larger
USNA
$226.2M
$162.5M
BTM
Growing faster (revenue YoY)
BTM
BTM
+30.1% gap
BTM
20.1%
-10.0%
USNA
Higher net margin
BTM
BTM
3.3% more per $
BTM
3.4%
0.1%
USNA
Faster 2-yr revenue CAGR
USNA
USNA
Annualised
USNA
3.1%
-4.9%
BTM

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BTM
BTM
USNA
USNA
Revenue
$162.5M
$226.2M
Net Profit
$5.5M
$180.0K
Gross Margin
78.2%
Operating Margin
7.3%
1.7%
Net Margin
3.4%
0.1%
Revenue YoY
20.1%
-10.0%
Net Profit YoY
690.4%
-74.0%
EPS (diluted)
$0.08
$-0.10

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
USNA
USNA
Q4 25
$226.2M
Q3 25
$162.5M
$213.7M
Q2 25
$172.1M
$235.8M
Q1 25
$164.2M
$249.5M
Q4 24
$213.6M
Q3 24
$135.3M
$200.2M
Q2 24
$163.1M
$212.9M
Q1 24
$138.5M
Net Profit
BTM
BTM
USNA
USNA
Q4 25
$180.0K
Q3 25
$5.5M
$-6.5M
Q2 25
$6.1M
$9.7M
Q1 25
$4.2M
$9.4M
Q4 24
$4.5M
Q3 24
$-939.0K
$10.6M
Q2 24
$-2.6M
$10.4M
Q1 24
$-1.5M
Gross Margin
BTM
BTM
USNA
USNA
Q4 25
78.2%
Q3 25
77.2%
Q2 25
78.7%
Q1 25
79.0%
Q4 24
82.0%
Q3 24
80.4%
Q2 24
81.1%
Q1 24
Operating Margin
BTM
BTM
USNA
USNA
Q4 25
1.7%
Q3 25
7.3%
0.6%
Q2 25
9.2%
7.1%
Q1 25
10.8%
6.3%
Q4 24
3.8%
Q3 24
4.1%
7.8%
Q2 24
4.7%
8.4%
Q1 24
0.5%
Net Margin
BTM
BTM
USNA
USNA
Q4 25
0.1%
Q3 25
3.4%
-3.1%
Q2 25
3.5%
4.1%
Q1 25
2.6%
3.8%
Q4 24
2.1%
Q3 24
-0.7%
5.3%
Q2 24
-1.6%
4.9%
Q1 24
-1.1%
EPS (diluted)
BTM
BTM
USNA
USNA
Q4 25
$-0.10
Q3 25
$0.08
$-0.36
Q2 25
$0.16
$0.52
Q1 25
$0.20
$0.49
Q4 24
$0.23
Q3 24
$-0.05
$0.56
Q2 24
$-0.13
$0.54
Q1 24
$-0.25

Balance Sheet & Financial Strength

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

Metric
BTM
BTM
USNA
USNA
Cash + ST InvestmentsLiquidity on hand
$59.3M
$158.4M
Total DebtLower is stronger
$67.5M
Stockholders' EquityBook value
$21.0M
Total Assets
$125.3M
$742.9M
Debt / EquityLower = less leverage
3.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTM
BTM
USNA
USNA
Q4 25
$158.4M
Q3 25
$59.3M
$145.3M
Q2 25
$48.0M
$151.3M
Q1 25
$35.0M
$179.6M
Q4 24
$181.8M
Q3 24
$32.2M
$364.9M
Q2 24
$43.9M
$332.4M
Q1 24
$42.2M
Total Debt
BTM
BTM
USNA
USNA
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
USNA
USNA
Q4 25
Q3 25
$21.0M
$528.1M
Q2 25
$4.7M
$531.1M
Q1 25
$-4.6M
$529.8M
Q4 24
$532.1M
Q3 24
$-7.9M
$533.1M
Q2 24
$4.4M
$512.2M
Q1 24
$5.0M
Total Assets
BTM
BTM
USNA
USNA
Q4 25
$742.9M
Q3 25
$125.3M
$726.6M
Q2 25
$109.1M
$734.5M
Q1 25
$89.7M
$746.6M
Q4 24
$748.2M
Q3 24
$87.4M
$671.3M
Q2 24
$97.5M
$631.4M
Q1 24
$90.1M
Debt / Equity
BTM
BTM
USNA
USNA
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
USNA
USNA
Operating Cash FlowLast quarter
$6.6M
Free Cash FlowOCF − Capex
$2.5M
FCF MarginFCF / Revenue
1.6%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
1.20×
TTM Free Cash FlowTrailing 4 quarters
$27.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTM
BTM
USNA
USNA
Q4 25
Q3 25
$6.6M
$-2.0M
Q2 25
$10.2M
$12.2M
Q1 25
$16.3M
$15.5M
Q4 24
$5.8M
Q3 24
$5.8M
$29.5M
Q2 24
$10.1M
$8.0M
Q1 24
$1.3M
Free Cash Flow
BTM
BTM
USNA
USNA
Q4 25
Q3 25
$2.5M
$-5.2M
Q2 25
$9.8M
$7.2M
Q1 25
$15.9M
$12.7M
Q4 24
$4.0M
Q3 24
$-1.0M
$27.1M
Q2 24
$7.6M
$5.3M
Q1 24
$789.0K
FCF Margin
BTM
BTM
USNA
USNA
Q4 25
Q3 25
1.6%
-2.4%
Q2 25
5.7%
3.0%
Q1 25
9.7%
5.1%
Q4 24
1.9%
Q3 24
-0.8%
13.6%
Q2 24
4.7%
2.5%
Q1 24
0.6%
Capex Intensity
BTM
BTM
USNA
USNA
Q4 25
Q3 25
2.5%
1.5%
Q2 25
0.2%
2.1%
Q1 25
0.2%
1.1%
Q4 24
0.8%
Q3 24
5.0%
1.2%
Q2 24
1.5%
1.3%
Q1 24
0.4%
Cash Conversion
BTM
BTM
USNA
USNA
Q4 25
Q3 25
1.20×
Q2 25
1.67×
1.27×
Q1 25
3.88×
1.65×
Q4 24
1.29×
Q3 24
2.78×
Q2 24
0.77×
Q1 24

Financial Flow Comparison

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

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