Bitcoin Depot (BTMCQ) EBITDA (2022 - 2025)
Bitcoin Depot's (BTMCQ) quarterly EBITDA came in at -$2.4 million in Q4 2025, down 120.25% year-over-year from $11.9 million in Q4 2024, and down 118.18% quarter-over-quarter from $13.3 million in Q3 2025.
Analysis
Bitcoin Depot (BTMCQ) EBITDA (2022 - 2025) Analysis & Trends
Bitcoin Depot has disclosed EBITDA across 4 years of filings, most recently posting -$2.4 million for Q4 2025.
- In Q4 2025, EBITDA fell 120.25% year-over-year to -$2.4 million; the TTM figure through Dec 2025 stood at $47.4 million (up 44.51% YoY), while the FY2025 annual figure was $47.4 million, up 44.51% from the prior year.
- EBITDA came in at -$2.4 million for Q4 2025 at Bitcoin Depot, down from $13.3 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $19.3 million in Q1 2025 to a low of -$2.4 million in Q4 2025.
- Average EBITDA over 4 years is $9.4 million, with a median of $10.3 million recorded in 2023.
- Year-over-year, EBITDA soared 5311.11% in 2023 and tumbled 120.25% in 2025.
- Over 4 years, EBITDA stood at $8.4 million in 2022, then decreased by 20.1% to $6.7 million in 2023, then jumped by 78.14% to $11.9 million in 2024, then sank by 120.25% to -$2.4 million in 2025.
- Per Business Quant data, the three most recent EBITDA figures were -$2.4 million in Q4 2025, $13.3 million in Q3 2025, and $17.2 million in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 21.42 Bn | 19.69 Bn | 288.85 Mn | 35.36 Mn |
| 2 | Galaxy Digital | 9.65 Bn | 8.99 Bn | 8.38 Bn | -462.79 Mn |
| 3 | Gemini Space Station | 747.56 Mn | 558.94 Mn | - | -76.94 Mn |
| 4 | CEA Industries | 316.43 Mn | 309.34 Mn | 1.96 Mn | -21.23 Mn |
| 5 | Solana | 220.13 Mn | 216.48 Mn | 2.45 Mn | -32.67 Mn |
| 6 | Empery Digital | 88.27 Mn | 88.27 Mn | -68,184.00 | -42.07 Mn |
| 7 | Amber International Holding | 52.85 Mn | 19.43 Mn | 11.06 Mn | 1.04 Mn |
| 8 | Metalpha Technology Holding | 47.58 Mn | 43.65 Mn | - | - |
| 9 | Fold Holdings | 31.36 Mn | 2.96 Mn | 5.36 Mn | -8.50 Mn |
| 10 | Bitcoin Depot | 317,293.93 | -65.31 Mn | 17.31 Mn | -2.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -2.42 Mn |
| Sep 30, 2025 | 13.28 Mn |
| Jun 30, 2025 | 17.25 Mn |
| Mar 31, 2025 | 19.30 Mn |
| Dec 31, 2024 | 11.93 Mn |
| Sep 30, 2024 | 7.38 Mn |
| Jun 30, 2024 | 10.20 Mn |
| Mar 31, 2024 | 3.30 Mn |
| Dec 31, 2023 | 6.70 Mn |
| Sep 30, 2023 | 10.34 Mn |
| Jun 30, 2023 | 13.67 Mn |
| Mar 31, 2023 | 11.07 Mn |
| Dec 31, 2022 | 8.38 Mn |
| Sep 30, 2022 | 9.26 Mn |
| Jun 30, 2022 | 11.01 Mn |
| Mar 31, 2022 | -212,450.00 |