Bitcoin Depot (BTMWW) EBITDA Margin (2023 - 2025)
Bitcoin Depot recorded quarterly EBITDA Margin of 2.08% in Q4 2025, down 125.46% quarter-over-quarter from 8.17% in Q3 2025, and down 1080.0% year-over-year from 0.21% in Q4 2024.
Bitcoin Depot's EBITDA Margin history runs 3 years deep, the most recent figure standing at 2.08% for Q4 2025.
- In Q4 2025, EBITDA Margin fell 1080.0% year-over-year to 2.08%; the TTM figure through Dec 2025 stood at 7.71% (up 284.0% YoY), while the FY2025 annual figure was 7.71%, up 199.0% from the prior year.
- EBITDA Margin came in at 2.08% for Q4 2025 at Bitcoin Depot, down from 8.17% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 11.75% in Q1 2025 to a low of 5.6% in Q4 2023.
- A 3-year average of 3.25% and a median of 5.86% in 2024 frame the typical range for EBITDA Margin.
- Across the five-year window, EBITDA Margin surged 1432 bps in 2024 and slumped 1080 bps in 2025, its largest moves.
- Bitcoin Depot's EBITDA Margin stood at 5.6% in 2023, then surged by 256 bps to 8.72% in 2024, then slumped by 124 bps to 2.08% in 2025.
- According to Business Quant data, EBITDA Margin over the past three periods registered 2.08%, 8.17%, and 10.02% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 95.15% |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 136.81% |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 61.80% |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 28.49% |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 14.74% |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 110.52% |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 11.84% |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -176.07% |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 47.66% |
| 10 | Bitcoin Depot | - | - | -368.45 Mn | -2.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -2.08% |
| Sep 30, 2025 | 8.17% |
| Jun 30, 2025 | 10.02% |
| Mar 31, 2025 | 11.75% |
| Dec 31, 2024 | 8.72% |
| Sep 30, 2024 | 5.45% |
| Jun 30, 2024 | 6.26% |
| Mar 31, 2024 | -1.11% |
| Dec 31, 2023 | -5.60% |
| Sep 30, 2023 | -3.95% |
| Jun 30, 2023 | -5.42% |
| Mar 31, 2023 | 6.77% |