Bitcoin Depot (BTMCQ) Net Margin (2022 - 2025)
Bitcoin Depot (BTMCQ) posted Net Margin of 44.74% for Q4 2025, down 1424.72% sequentially from 3.38% in Q3 2025, and down 4868.0% YoY from 0.94% in Q4 2024.
Bitcoin Depot (BTMCQ) Net Margin (2022 - 2025) Analysis & Trends
Bitcoin Depot has reported Net Margin for 4 years, with the latest figure at 44.74% in Q4 2025.
- Quarterly Net Margin fell 4868.0% year-over-year to 44.74% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 3.57% (down 493.0% YoY) and the FY2025 annual result came in at 1.01%, up 103.0% from the prior year.
- Net Margin slipped to 44.74% in Q4 2025 per BTMCQ's latest filing, from 3.38% in the prior quarter.
- Over five years, Net Margin peaked at 7.41% in Q1 2025 and troughed at 44.74% in Q4 2025.
- A 4-year average of 1.69% and a median of 1.89% in 2022 frame the typical range for Net Margin.
- The widest YoY moves for Net Margin: up 1047 bps in 2025, down 4868 bps in 2025.
- Over 4 years, Net Margin stood at 0.35% in 2022, then slumped by 1490 bps to 5.6% in 2023, then jumped by 170 bps to 3.94% in 2024, then slumped by 1235 bps to 44.74% in 2025.
- According to Business Quant data, Net Margin over the past three periods registered 44.74%, 3.38%, and 7.16% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 25.46% |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 31.46% |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 37.91% |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 42.89% |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 16.46% |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 7.31% |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 36.98% |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 6.87% |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 52.66% |
| 10 | Bitcoin Depot | 330,711.39 | -65.30 Mn | 17.31 Mn | -10.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -44.74% |
| Sep 30, 2025 | 3.38% |
| Jun 30, 2025 | 7.16% |
| Mar 31, 2025 | 7.41% |
| Dec 31, 2024 | 3.94% |
| Sep 30, 2024 | 1.70% |
| Jun 30, 2024 | 2.67% |
| Mar 31, 2024 | -3.05% |
| Dec 31, 2023 | -5.60% |
| Sep 30, 2023 | -3.95% |
| Jun 30, 2023 | -2.03% |
| Mar 31, 2023 | 3.72% |
| Dec 31, 2022 | -0.35% |
| Sep 30, 2022 | 1.89% |
| Jun 30, 2022 | 2.46% |