Growth Metrics

Bitcoin Depot (BTM) Operating Margin (2022 - 2025)

Bitcoin Depot's Operating Margin history spans 4 years, with the latest figure at 7.25% for Q3 2025.

  • For Q3 2025, Operating Margin rose 320.0% year-over-year to 7.25%; the TTM value through Sep 2025 reached 47.15%, down 5364.0%, while the annual FY2024 figure was 4.22%, 20.0% down from the prior year.
  • Operating Margin for Q3 2025 was 7.25% at Bitcoin Depot, down from 9.15% in the prior quarter.
  • Across five years, Operating Margin topped out at 10.84% in Q1 2025 and bottomed at 252.15% in Q4 2024.
  • The 4-year median for Operating Margin is 4.14% (2023), against an average of 18.68%.
  • The largest annual shift saw Operating Margin crashed -69bps in 2024 before it skyrocketed 1033bps in 2025.
  • A 4-year view of Operating Margin shows it stood at 2.86% in 2022, then skyrocketed by 45bps to 4.14% in 2023, then plummeted by -6186bps to 252.15% in 2024, then skyrocketed by 103bps to 7.25% in 2025.
  • Per Business Quant, the three most recent readings for BTM's Operating Margin are 7.25% (Q3 2025), 9.15% (Q2 2025), and 10.84% (Q1 2025).