Bitcoin Depot (BTMCQ) Tax Rate (2022 - 2025)
Bitcoin Depot's (BTMCQ) quarterly Tax Rate came in at 36.19% in Q4 2025, down 7469.0% year-over-year from 0.49% in Q4 2024, and down 201.47% quarter-over-quarter from 35.67% in Q3 2025.
Analysis
Bitcoin Depot (BTMCQ) Tax Rate (2022 - 2025) Analysis & Trends
Bitcoin Depot has disclosed Tax Rate across 4 years of filings, most recently posting 36.19% for Q4 2025.
- In Q4 2025, Tax Rate fell 7469.0% year-over-year to 36.19%; the TTM figure through Dec 2025 stood at 33.48% (up 61.0% YoY), while the FY2025 annual figure was 33.48%, up 61.0% from the prior year.
- Tax Rate came in at 36.19% for Q4 2025 at Bitcoin Depot, down from 35.67% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 4726.53% in Q4 2023 to a low of 60.76% in Q3 2022.
- Average Tax Rate over 4 years is 320.52%, with a median of 10.66% recorded in 2025.
- Year-over-year, Tax Rate jumped 469358 bps in 2023 and sank 468803 bps in 2024.
- Over 4 years, Tax Rate stood at 32.95% in 2022, then jumped by 14243 bps to 4726.53% in 2023, then slumped by 99 bps to 38.5% in 2024, then sank by 194 bps to 36.19% in 2025.
- Per Business Quant data, the three most recent Tax Rate figures were 36.19% in Q4 2025, 35.67% in Q3 2025, and 8.62% in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 21.42 Bn | 19.69 Bn | 288.85 Mn | 7.84% |
| 2 | Galaxy Digital | 9.65 Bn | 8.99 Bn | 8.38 Bn | 33.44% |
| 3 | Gemini Space Station | 747.56 Mn | 558.94 Mn | - | -0.02% |
| 4 | CEA Industries | 316.43 Mn | 309.34 Mn | 1.96 Mn | -0.84% |
| 5 | Solana | 220.13 Mn | 216.48 Mn | 2.45 Mn | - |
| 6 | Empery Digital | 88.27 Mn | 88.27 Mn | -68,184.00 | - |
| 7 | Amber International Holding | 52.85 Mn | 19.43 Mn | 11.06 Mn | 99.41% |
| 8 | Metalpha Technology Holding | 47.58 Mn | 43.65 Mn | - | - |
| 9 | Fold Holdings | 31.36 Mn | 2.96 Mn | 5.36 Mn | - |
| 10 | Bitcoin Depot | 317,293.93 | -65.31 Mn | 17.31 Mn | -36.19% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -36.19% |
| Sep 30, 2025 | 35.67% |
| Jun 30, 2025 | 8.62% |
| Mar 31, 2025 | 10.66% |
| Dec 31, 2024 | 38.50% |
| Sep 30, 2024 | 13.11% |
| Jun 30, 2024 | 5.84% |
| Mar 31, 2024 | 3.16% |
| Dec 31, 2023 | 4,726.53% |
| Sep 30, 2023 | 24.04% |
| Jun 30, 2023 | 14.73% |
| Mar 31, 2023 | -11.39% |
| Dec 31, 2022 | 32.95% |
| Sep 30, 2022 | -60.76% |
| Jun 30, 2022 | 2.37% |