Bitcoin Depot (BTMWW) Cost of Revenue (2022 - 2025)

Bitcoin Depot's Cost of Revenue history runs 4 years deep, the most recent figure standing at $484.5 million for Q4 2025.

• In Q4 2025, Cost of Revenue rose 3.78% year-over-year to $484.5 million; the TTM figure through Dec 2025 stood at $887.3 million (up 21.53% YoY), while the FY2025 annual figure was $501.6 million, up 4.0% from the prior year.
• Cost of Revenue came in at $484.5 million for Q4 2025 at Bitcoin Depot, up from $132.4 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $484.5 million in Q4 2025 to a low of $3.7 million in Q4 2022.
• A 4-year average of $158.3 million and a median of $136.7 million in 2024 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue soared 3334.9% in 2023 and plunged 96.53% in 2024, its largest moves.
• Bitcoin Depot's Cost of Revenue stood at $3.7 million in 2022, then jumped by 3334.9% to $126.9 million in 2023, then soared by 268.03% to $466.9 million in 2024, then grew by 3.78% to $484.5 million in 2025.
• According to Business Quant data, Cost of Revenue over the past three periods registered $484.5 million, $132.4 million, and $139.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

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