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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | 25.46% |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 31.46% |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | 36.98% |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | 122.40% |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 42.89% |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | -171.16% |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | 16.00% |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 7.31% |
| 10 | Bitcoin Depot | 142,950.68 | -65.49 Mn | 496.20 Mn | -44.74% |
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% |