Bitcoin Depot (BTMCQ) Tax Rate (2022 - 2025)
Bitcoin Depot (BTMCQ) posted Tax Rate of 6.09% for Q4 2025, down 82.92% sequentially from 35.67% in Q3 2025, and down 1743.0% YoY from 0.37% in Q4 2024.
Bitcoin Depot (BTMCQ) Tax Rate (2022 - 2025) Analysis & Trends
Bitcoin Depot has reported Tax Rate for 4 years, with the latest figure at 6.09% in Q4 2025.
- Quarterly Tax Rate fell 1743.0% year-over-year to 6.09% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 11.65% (down 3314.0% YoY) and the FY2025 annual result came in at 11.65%, down 3314.0% from the prior year.
- Tax Rate eased to 6.09% in Q4 2025 per BTMCQ's latest filing, from 35.67% in the prior quarter.
- Over five years, Tax Rate peaked at 172.49% in Q4 2022 and troughed at 60.76% in Q3 2022.
- A 4-year average of 14.12% and a median of 8.62% in 2025 frame the typical range for Tax Rate.
- The widest YoY moves for Tax Rate: up 8479 bps in 2023, down 20834 bps in 2023.
- Over 4 years, Tax Rate stood at 172.49% in 2022, then plunged by 121 bps to 35.85% in 2023, then jumped by 166 bps to 23.53% in 2024, then sank by 74 bps to 6.09% in 2025.
- According to Business Quant data, Tax Rate over the past three periods registered 6.09%, 35.67%, and 8.62% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 23.07% |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 22.60% |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 23.68% |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 19.18% |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 8.10% |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 26.43% |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 23.50% |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 7.84% |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -16.38% |
| 10 | Bitcoin Depot | 330,711.39 | -65.30 Mn | 17.31 Mn | -36.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 6.09% |
| Dec 31, 2025 | 6.09% |
| Dec 31, 2025 | 6.09% |
| Sep 30, 2025 | 35.67% |
| Sep 30, 2025 | 35.67% |
| Sep 30, 2025 | 35.67% |
| Jun 30, 2025 | 8.62% |
| Jun 30, 2025 | 8.62% |
| Jun 30, 2025 | 8.62% |
| Mar 31, 2025 | 10.66% |
| Mar 31, 2025 | 10.66% |
| Mar 31, 2025 | 10.66% |
| Dec 31, 2024 | 23.53% |
| Dec 31, 2024 | 23.53% |
| Dec 31, 2024 | 23.53% |
| Sep 30, 2024 | 13.11% |
| Sep 30, 2024 | 13.11% |
| Sep 30, 2024 | 13.11% |
| Jun 30, 2024 | 5.84% |
| Jun 30, 2024 | 5.84% |