Bitcoin Depot (BTMWW) EBITDA Margin (2023 - 2025)

Bitcoin Depot (BTMWW) posted EBITDA Margin of 2.08% for Q4 2025, down 125.46% sequentially from 8.17% in Q3 2025, and down 1080.0% YoY from 0.21% in Q4 2024.

Bitcoin Depot (BTMWW) EBITDA Margin (2023 - 2025) Analysis & Trends

Bitcoin Depot (BTMWW) has 3 years of EBITDA Margin data on file, last reported at 2.08% in Q4 2025.

  • Quarterly EBITDA Margin fell 1080.0% year-over-year to 2.08% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 7.71% (up 284.0% YoY) and the FY2025 annual result came in at 7.71%, up 199.0% from the prior year.
  • EBITDA Margin declined to 2.08% in Q4 2025 per BTMWW's latest filing, from 8.17% in the prior quarter.
  • The five-year high for EBITDA Margin was 11.75% in Q1 2025, with the low at 5.6% in Q4 2023.
  • Average EBITDA Margin over 3 years is 3.25%, with a median of 5.86% recorded in 2024.
  • Year-over-year, EBITDA Margin surged 1432 bps in 2024 and sank 1080 bps in 2025.
  • Bitcoin Depot's EBITDA Margin stood at 5.6% in 2023, then jumped by 256 bps to 8.72% in 2024, then plunged by 124 bps to 2.08% in 2025.
  • Business Quant data shows BTMWW's EBITDA Margin at 2.08% in Q4 2025, 8.17% in Q3 2025, and 10.02% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 95.15%
2 Goldman Sachs 309.79 Bn -627.76 Bn - 136.81%
3 Schwab Charles 167.21 Bn 122.24 Bn - 61.80%
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 124.07%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 28.49%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 11.84%
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 47.66%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 110.52%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -176.07%
10 Bitcoin Depot - - -368.45 Mn -2.08%

Historic Data

Download Data
DateValue
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%