Growth Metrics

Bitcoin Depot (BTM) Cost of Revenue: 2022-2025

Historic Cost of Revenue for Bitcoin Depot (BTM) over the last 4 years, with Sep 2025 value amounting to $132.4 million.

  • Bitcoin Depot's Cost of Revenue rose 17.28% to $132.4 million in Q3 2025 from the same period last year, while for Sep 2025 it was $514.2 million, marking a year-over-year increase of 3.32%. This contributed to the annual value of $482.3 million for FY2024, which is 17.97% down from last year.
  • Bitcoin Depot's Cost of Revenue amounted to $132.4 million in Q3 2025, which was down 5.04% from $139.4 million recorded in Q2 2025.
  • In the past 5 years, Bitcoin Depot's Cost of Revenue ranged from a high of $153.5 million in Q3 2022 and a low of $111.4 million during Q4 2024.
  • Over the past 3 years, Bitcoin Depot's median Cost of Revenue value was $131.7 million (recorded in 2025), while the average stood at $130.6 million.
  • Its Cost of Revenue has fluctuated over the past 5 years, first fell by 26.02% in 2024, then grew by 17.28% in 2025.
  • Quarterly analysis of 4 years shows Bitcoin Depot's Cost of Revenue stood at $130.6 million in 2022, then fell by 2.87% to $126.9 million in 2023, then dropped by 12.17% to $111.4 million in 2024, then grew by 17.28% to $132.4 million in 2025.
  • Its Cost of Revenue stands at $132.4 million for Q3 2025, versus $139.4 million for Q2 2025 and $131.1 million for Q1 2025.