Bitcoin Depot (BTMCQ) EBITDA (2022 - 2025)
Bitcoin Depot (BTMCQ) posted EBITDA of -$4.1 million for Q4 2025, down 134.93% sequentially from $11.8 million in Q3 2025, and down 139.46% YoY from $10.4 million in Q4 2024.
Bitcoin Depot (BTMCQ) EBITDA (2022 - 2025) Analysis & Trends
Bitcoin Depot has reported EBITDA for 4 years, with the latest figure at -$4.1 million in Q4 2025.
- Quarterly EBITDA fell 139.46% year-over-year to -$4.1 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $41.2 million (up 70.23% YoY) and the FY2025 annual result came in at $41.2 million, up 70.23% from the prior year.
- EBITDA retreated to -$4.1 million in Q4 2025 per BTMCQ's latest filing, from $11.8 million in the prior quarter.
- Over five years, EBITDA peaked at $17.8 million in Q1 2025 and troughed at -$4.1 million in Q4 2025.
- A 4-year average of $7.0 million and a median of $7.0 million in 2022 frame the typical range for EBITDA.
- The sharpest annual moves came in 2023 and 2025: EBITDA soared 4181.43% in 2023, then plunged 139.46% in 2025.
- Over 4 years, EBITDA stood at $4.3 million in 2022, then declined by 11.31% to $3.8 million in 2023, then jumped by 174.71% to $10.4 million in 2024, then sank by 139.46% to -$4.1 million in 2025.
- According to Business Quant data, EBITDA over the past three periods registered -$4.1 million, $11.8 million, and $15.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 20.47 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 26.66 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 4.46 Bn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 470.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 2.64 Bn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 617.01 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 252.46 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 35.36 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 532.81 Mn |
| 10 | Bitcoin Depot | 330,711.39 | -65.30 Mn | 17.31 Mn | -2.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -4.12 Mn |
| Sep 30, 2025 | 11.78 Mn |
| Jun 30, 2025 | 15.75 Mn |
| Mar 31, 2025 | 17.80 Mn |
| Dec 31, 2024 | 10.43 Mn |
| Sep 30, 2024 | 5.48 Mn |
| Jun 30, 2024 | 7.60 Mn |
| Mar 31, 2024 | 699,000.00 |
| Dec 31, 2023 | 3.80 Mn |
| Sep 30, 2023 | 7.44 Mn |
| Jun 30, 2023 | 10.57 Mn |
| Mar 31, 2023 | 8.67 Mn |
| Dec 31, 2022 | 4.28 Mn |
| Sep 30, 2022 | 4.86 Mn |
| Jun 30, 2022 | 6.61 Mn |
| Mar 31, 2022 | -212,450.00 |