Bitcoin Depot (BTM) Payables (2021 - 2025)
Bitcoin Depot's (BTM) quarterly Payables came in at $17.6 million in Q4 2025, little changed year-on-year from $17.6 million in Q4 2024, and up 1.59% quarter-over-quarter from $17.4 million in Q3 2025.
Bitcoin Depot (BTM) Payables (2021 - 2025) Analysis & Trends
Bitcoin Depot has disclosed Payables across 5 years of filings, most recently posting $17.6 million for Q4 2025.
- Payables for Q4 2025 came in at $17.6 million, changed 0.34% year-over-year; the trailing twelve-month figure through Dec 2025 was $17.6 million (changed 0.34% YoY), and the FY2025 annual result was $17.6 million, changed 0.34% from the prior year.
- Payables came in at $17.6 million for Q4 2025 at Bitcoin Depot, up from $17.4 million in the prior quarter.
- In the past five years, Payables ranged from a high of $28.9 million in Q2 2023 to a low of $8215.0 in Q1 2022.
- The 5-year median for Payables is $14.7 million (2024), against an average of $11.9 million.
- Across the five-year window, Payables surged 53406.35% in 2023 and tumbled 49.1% in 2024, its largest moves.
- Bitcoin Depot's Payables stood at $80000.0 in 2021, then soared by 20111.25% to $16.2 million in 2022, then declined by 23.79% to $12.3 million in 2023, then soared by 42.66% to $17.6 million in 2024, then increased by 0.34% to $17.6 million in 2025.
- The last three Payables figures came in at $17.6 million (Q4 2025), $17.4 million (Q3 2025), and $18.8 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 96,012.83 Bn | 96,012.83 Bn | - | 1.29 Mn |
| 2 | Morgan Stanley | 328.23 Bn | 194.70 Bn | - | 427.97 Bn |
| 3 | Goldman Sachs | 313.22 Bn | -624.33 Bn | - | 642.14 Bn |
| 4 | Schwab Charles | 154.90 Bn | 109.92 Bn | - | 40.59 Bn |
| 5 | Robinhood Markets | 75.17 Bn | 70.53 Bn | 960.00 Mn | 522.00 Mn |
| 6 | Interactive Brokers | 38.41 Bn | 49.00 Bn | - | 676.00 Mn |
| 7 | LPL Financial Holdings | 23.13 Bn | 22.10 Bn | - | 307.68 Mn |
| 8 | Tradeweb Markets | 21.12 Bn | 19.87 Bn | - | 130.70 Mn |
| 9 | Circle Internet | 19.75 Bn | 18.24 Bn | 35.01 Mn | 262.22 Mn |
| 10 | Bitcoin Depot | 3.52 Mn | -62.08 Mn | -368.45 Mn | 17.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 17.64 Mn |
| Sep 30, 2025 | 17.36 Mn |
| Jun 30, 2025 | 18.84 Mn |
| Mar 31, 2025 | 17.74 Mn |
| Dec 31, 2024 | 17.58 Mn |
| Sep 30, 2024 | 16.83 Mn |
| Jun 30, 2024 | 14.69 Mn |
| Mar 31, 2024 | 14.01 Mn |
| Dec 31, 2023 | 12.32 Mn |
| Sep 30, 2023 | 9.51 Mn |
| Jun 30, 2023 | 28.86 Mn |
| Mar 31, 2023 | 254,704.00 |
| Dec 31, 2022 | 16.17 Mn |
| Sep 30, 2022 | 24,023.00 |
| Jun 30, 2022 | 53,945.00 |
| Mar 31, 2022 | 8,215.00 |
| Dec 31, 2021 | 80,000.00 |