Bitcoin Depot (BTMCQ) Change in Accured Expenses (2022 - 2025)
Bitcoin Depot's (BTMCQ) quarterly Change in Accured Expenses came in at $21.7 million in Q4 2025, up 765.02% year-over-year from $2.5 million in Q4 2024, and up 787.15% quarter-over-quarter from $2.4 million in Q3 2025.
Analysis
Bitcoin Depot (BTMCQ) Change in Accured Expenses (2022 - 2025) Analysis & Trends
Bitcoin Depot has disclosed Change in Accured Expenses across 4 years of filings, most recently posting $21.7 million for Q4 2025.
- In Q4 2025, Change in Accured Expenses rose 765.02% year-over-year to $21.7 million; the TTM figure through Dec 2025 stood at $26.8 million (up 730.85% YoY), while the FY2025 annual figure was $26.8 million, up 730.85% from the prior year.
- Change in Accured Expenses came in at $21.7 million for Q4 2025 at Bitcoin Depot, up from $2.4 million in the prior quarter.
- In the past five years, Change in Accured Expenses ranged from a high of $21.7 million in Q4 2025 to a low of -$4.8 million in Q4 2023.
- Average Change in Accured Expenses over 4 years is $2.0 million, with a median of $1.6 million recorded in 2022.
- The largest YoY upside for Change in Accured Expenses was 26650.0% in 2023 against a maximum downside of 616.72% in 2023.
- Over 4 years, Change in Accured Expenses stood at $927000.0 in 2022, then tumbled by 616.72% to -$4.8 million in 2023, then jumped by 31.96% to -$3.3 million in 2024, then jumped by 765.02% to $21.7 million in 2025.
- Per Business Quant data, the three most recent Change in Accured Expenses figures were $21.7 million in Q4 2025, $2.4 million in Q3 2025, and $2.9 million in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 21.42 Bn | 19.69 Bn | 288.85 Mn | 317.56 Mn |
| 2 | Galaxy Digital | 9.65 Bn | 8.99 Bn | 8.38 Bn | 5.70 Mn |
| 3 | Gemini Space Station | 747.56 Mn | 558.94 Mn | - | 9.56 Mn |
| 4 | CEA Industries | 316.43 Mn | 309.34 Mn | 1.96 Mn | -275,000.00 |
| 5 | Solana | 220.13 Mn | 216.48 Mn | 2.45 Mn | -239,000.00 |
| 6 | Empery Digital | 88.27 Mn | 88.27 Mn | -68,184.00 | -221,359.00 |
| 7 | Amber International Holding | 52.85 Mn | 19.43 Mn | 11.06 Mn | - |
| 8 | Metalpha Technology Holding | 47.58 Mn | 43.65 Mn | - | - |
| 9 | Fold Holdings | 31.36 Mn | 2.96 Mn | 5.36 Mn | 200,413.00 |
| 10 | Bitcoin Depot | 317,293.93 | -65.31 Mn | 17.31 Mn | 21.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 21.67 Mn |
| Sep 30, 2025 | 2.44 Mn |
| Jun 30, 2025 | 2.87 Mn |
| Mar 31, 2025 | -198,000.00 |
| Dec 31, 2024 | -3.26 Mn |
| Sep 30, 2024 | -1.20 Mn |
| Jun 30, 2024 | 4.73 Mn |
| Mar 31, 2024 | -4.52 Mn |
| Dec 31, 2023 | -4.79 Mn |
| Sep 30, 2023 | 1.85 Mn |
| Jun 30, 2023 | 5.68 Mn |
| Mar 31, 2023 | 2.66 Mn |
| Dec 31, 2022 | 927,000.00 |
| Sep 30, 2022 | 1.80 Mn |
| Jun 30, 2022 | 1.33 Mn |
| Mar 31, 2022 | -10,000.00 |