Bitcoin Depot (BTMWW) EBITDA (2022 - 2025)
Bitcoin Depot recorded quarterly EBITDA of -$2.4 million in Q4 2025, down 118.18% quarter-over-quarter from $13.3 million in Q3 2025, and down 120.25% year-over-year from $11.9 million in Q4 2024.
Bitcoin Depot's EBITDA history runs 4 years deep, the most recent figure standing at -$2.4 million for Q4 2025.
- In Q4 2025, EBITDA fell 120.25% year-over-year to -$2.4 million; the TTM figure through Dec 2025 stood at $47.4 million (up 69.5% YoY), while the FY2025 annual figure was $47.4 million, up 44.51% from the prior year.
- EBITDA came in at -$2.4 million for Q4 2025 at Bitcoin Depot, down from $13.3 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $19.3 million in Q1 2025 to a low of -$10.7 million in Q2 2023.
- A 4-year average of $4.6 million and a median of $7.4 million in 2024 frame the typical range for EBITDA.
- Across the five-year window, EBITDA soared 5311.11% in 2023 and tumbled 120.25% in 2025, its largest moves.
- Bitcoin Depot's EBITDA stood at -$212450.0 in 2022, then tumbled by 3810.57% to -$8.3 million in 2023, then jumped by 243.57% to $11.9 million in 2024, then slumped by 120.25% to -$2.4 million in 2025.
- According to Business Quant data, EBITDA over the past three periods registered -$2.4 million, $13.3 million, and $17.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 19.58 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 23.57 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 4.01 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 304.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 246.00 Mn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 46.00 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 584.88 Mn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -254.94 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 294.45 Mn |
| 10 | Bitcoin Depot | - | - | -368.45 Mn | -2.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -2.42 Mn |
| Sep 30, 2025 | 13.28 Mn |
| Jun 30, 2025 | 17.25 Mn |
| Mar 31, 2025 | 19.30 Mn |
| Dec 31, 2024 | 11.93 Mn |
| Sep 30, 2024 | 7.38 Mn |
| Jun 30, 2024 | 10.20 Mn |
| Mar 31, 2024 | -1.54 Mn |
| Dec 31, 2023 | -8.31 Mn |
| Sep 30, 2023 | -7.10 Mn |
| Jun 30, 2023 | -10.70 Mn |
| Mar 31, 2023 | 11.07 Mn |
| Mar 31, 2022 | -212,450.00 |