Bitcoin Depot (BTM) EBT Margin (2022 - 2025)
Bitcoin Depot's (BTM) quarterly EBT Margin came in at 7.76% in Q4 2025, down 464.0% year-on-year from 2.13% in Q4 2024, and down 247.89% quarter-over-quarter from 5.25% in Q3 2025.
Bitcoin Depot (BTM) EBT Margin (2022 - 2025) Analysis & Trends
Bitcoin Depot has disclosed EBT Margin across 4 years of filings, most recently posting 7.76% for Q4 2025.
- EBT Margin for Q4 2025 came in at 7.76%, down 464.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 4.33% (up 457.0% YoY), and the FY2025 annual result was 4.33%, up 457.0% from the prior year.
- EBT Margin came in at 7.76% for Q4 2025 at Bitcoin Depot, down from 5.25% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 8.3% in Q1 2025 to a low of 7.76% in Q4 2025.
- The 4-year median for EBT Margin is 1.18% (2022), against an average of 0.73%.
- Across the five-year window, EBT Margin slumped 649 bps in 2024 and surged 1145 bps in 2025, its largest moves.
- Bitcoin Depot's EBT Margin stood at 4.72% in 2022, then jumped by 59 bps to 1.93% in 2023, then plunged by 62 bps to 3.12% in 2024, then tumbled by 149 bps to 7.76% in 2025.
- The last three EBT Margin figures came in at 7.76% (Q4 2025), 5.25% (Q3 2025), and 7.84% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 34.07% |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 37.65% |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 49.18% |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 38.52% |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 77.17% |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 9.81% |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 49.04% |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 136.18% |
| 10 | Bitcoin Depot | 3.52 Mn | -62.08 Mn | -368.45 Mn | -7.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -7.76% |
| Sep 30, 2025 | 5.25% |
| Jun 30, 2025 | 7.84% |
| Mar 31, 2025 | 8.30% |
| Dec 31, 2024 | -3.12% |
| Sep 30, 2024 | 1.96% |
| Jun 30, 2024 | 2.83% |
| Mar 31, 2024 | -3.15% |
| Dec 31, 2023 | -1.93% |
| Sep 30, 2023 | 0.78% |
| Jun 30, 2023 | -2.38% |
| Mar 31, 2023 | 3.34% |
| Dec 31, 2022 | -4.72% |
| Sep 30, 2022 | 1.18% |
| Jun 30, 2022 | 2.51% |