Bitcoin Depot (BTM) Gross Profit (2022 - 2025)
Bitcoin Depot's (BTM) quarterly Gross Profit came in at -$368.4 million in Q4 2025, down 11.64% year-on-year from -$417.0 million in Q4 2024, and down 1323.07% quarter-over-quarter from $30.1 million in Q3 2025.
Bitcoin Depot (BTM) Gross Profit (2022 - 2025) Analysis & Trends
Bitcoin Depot has disclosed Gross Profit across 4 years of filings, most recently posting -$368.4 million for Q4 2025.
- Gross Profit for Q4 2025 came in at -$368.4 million, down 11.64% year-over-year; the trailing twelve-month figure through Dec 2025 was -$272.5 million (down 74.17% YoY), and the FY2025 annual result was $113.3 million, up 23.9% from the prior year.
- Gross Profit came in at -$368.4 million for Q4 2025 at Bitcoin Depot, down from $30.1 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $159.0 million in Q1 2023 to a low of -$368.4 million in Q4 2025.
- The 4-year median for Gross Profit is $26.9 million (2023), against an average of -$349266.7.
- Peak annual rise in Gross Profit reached 382.52% in 2024, while the deepest fall reached 1631.1% in 2024.
- Bitcoin Depot's Gross Profit stood at $146.0 million in 2022, then plunged by 85.23% to $21.6 million in 2023, then slumped by 1631.1% to -$330.0 million in 2024, then slipped by 11.64% to -$368.4 million in 2025.
- The last three Gross Profit figures came in at -$368.4 million (Q4 2025), $30.1 million (Q3 2025), and $32.7 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn |
| 10 | Bitcoin Depot | 3.52 Mn | -62.08 Mn | -368.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -368.45 Mn |
| Dec 31, 2025 | -368.45 Mn |
| Sep 30, 2025 | 30.13 Mn |
| Sep 30, 2025 | 30.13 Mn |
| Jun 30, 2025 | 32.73 Mn |
| Jun 30, 2025 | 32.73 Mn |
| Mar 31, 2025 | 33.14 Mn |
| Mar 31, 2025 | 33.14 Mn |
| Dec 31, 2024 | -330.03 Mn |
| Dec 31, 2024 | -330.03 Mn |
| Sep 30, 2024 | 129.98 Mn |
| Sep 30, 2024 | 129.98 Mn |
| Jun 30, 2024 | 26.36 Mn |
| Jun 30, 2024 | 26.36 Mn |
| Mar 31, 2024 | 17.25 Mn |
| Mar 31, 2024 | 17.25 Mn |
| Dec 31, 2023 | 21.56 Mn |
| Dec 31, 2023 | 21.56 Mn |
| Sep 30, 2023 | 26.94 Mn |
| Sep 30, 2023 | 26.94 Mn |