Bitcoin Depot (BTM) EBITDA (2022 - 2025)

Bitcoin Depot's (BTM) quarterly EBITDA came in at -$2.4 million in Q4 2025, down 120.25% year-on-year from $11.9 million in Q4 2024, and down 118.18% quarter-over-quarter from $13.3 million in Q3 2025.

Bitcoin Depot (BTM) EBITDA (2022 - 2025) Analysis & Trends

Bitcoin Depot has disclosed EBITDA across 4 years of filings, most recently posting -$2.4 million for Q4 2025.

  • EBITDA for Q4 2025 came in at -$2.4 million, down 120.25% year-over-year; the trailing twelve-month figure through Dec 2025 was $47.4 million (up 69.5% YoY), and the FY2025 annual result was $47.4 million, up 44.51% from the prior year.
  • EBITDA came in at -$2.4 million for Q4 2025 at Bitcoin Depot, down from $13.3 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $19.3 million in Q1 2025 to a low of -$10.7 million in Q2 2023.
  • The 4-year median for EBITDA is $7.4 million (2024), against an average of $4.6 million.
  • Across the five-year window, EBITDA surged 5311.11% in 2023 and plunged 120.25% in 2025, its largest moves.
  • Bitcoin Depot's EBITDA stood at -$212450.0 in 2022, then plunged by 3810.57% to -$8.3 million in 2023, then soared by 243.57% to $11.9 million in 2024, then tumbled by 120.25% to -$2.4 million in 2025.
  • The last three EBITDA figures came in at -$2.4 million (Q4 2025), $13.3 million (Q3 2025), and $17.2 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -35.15 Mn
2 Morgan Stanley 331.35 Bn 197.82 Bn - 19.58 Bn
3 Goldman Sachs 317.73 Bn -619.82 Bn - 23.57 Bn
4 Schwab Charles 153.74 Bn 108.77 Bn - 4.01 Bn
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 304.00 Mn
6 Interactive Brokers 38.91 Bn 49.50 Bn - 246.00 Mn
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 584.88 Mn
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 294.45 Mn
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 46.00 Mn
10 Bitcoin Depot 3.52 Mn -62.08 Mn -368.45 Mn -2.42 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -2.42 Mn
Sep 30, 2025 13.28 Mn
Jun 30, 2025 17.25 Mn
Mar 31, 2025 19.30 Mn
Dec 31, 2024 11.93 Mn
Sep 30, 2024 7.38 Mn
Jun 30, 2024 10.20 Mn
Mar 31, 2024 -1.54 Mn
Dec 31, 2023 -8.31 Mn
Sep 30, 2023 -7.10 Mn
Jun 30, 2023 -10.70 Mn
Mar 31, 2023 11.07 Mn
Mar 31, 2022 -212,450.00