Growth Metrics

Bitcoin Depot (BTMWW) Operating Income (2022 - 2025)

Bitcoin Depot recorded quarterly Operating Income of -$4.1 million in Q4 2025, down 134.93% quarter-over-quarter from $11.8 million in Q3 2025, and down 139.46% year-over-year from $10.4 million in Q4 2024.

Bitcoin Depot's Operating Income history runs 4 years deep, the most recent figure standing at -$4.1 million for Q4 2025.

  • In Q4 2025, Operating Income fell 139.46% year-over-year to -$4.1 million; the TTM figure through Dec 2025 stood at $41.2 million (up 70.23% YoY), while the FY2025 annual figure was $41.2 million, up 70.23% from the prior year.
  • Operating Income came in at -$4.1 million for Q4 2025 at Bitcoin Depot, down from $11.8 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $17.8 million in Q1 2025 to a low of -$4.1 million in Q4 2025.
  • A 4-year average of $7.0 million and a median of $7.0 million in 2022 frame the typical range for Operating Income.
  • Across the five-year window, Operating Income surged 4181.43% in 2023 and tumbled 139.46% in 2025, its largest moves.
  • Bitcoin Depot's Operating Income stood at $4.3 million in 2022, then dropped by 11.31% to $3.8 million in 2023, then soared by 174.71% to $10.4 million in 2024, then plunged by 139.46% to -$4.1 million in 2025.
  • According to Business Quant data, Operating Income over the past three periods registered -$4.1 million, $11.8 million, and $15.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - -
2 Goldman Sachs 318.59 Bn -618.96 Bn - -
3 Schwab Charles 154.74 Bn 109.76 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 - -
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 45.00 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - -
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn -233.52 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 287.25 Mn
10 Bitcoin Depot - - -368.45 Mn -4.12 Mn

Historic Data

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DateValue
Dec 31, 2025 -4.12 Mn
Sep 30, 2025 11.78 Mn
Jun 30, 2025 15.75 Mn
Mar 31, 2025 17.80 Mn
Dec 31, 2024 10.43 Mn
Sep 30, 2024 5.48 Mn
Jun 30, 2024 7.60 Mn
Mar 31, 2024 699,000.00
Dec 31, 2023 3.80 Mn
Sep 30, 2023 7.44 Mn
Jun 30, 2023 10.57 Mn
Mar 31, 2023 8.67 Mn
Dec 31, 2022 4.28 Mn
Sep 30, 2022 4.86 Mn
Jun 30, 2022 6.61 Mn
Mar 31, 2022 -212,450.00