Growth Metrics

Bitcoin Depot (BTMWW) Tax Rate (2022 - 2025)

Bitcoin Depot recorded quarterly Tax Rate of 62.79% in Q4 2025, up 76.04% quarter-over-quarter from 35.67% in Q3 2025, and up 10162.0% year-over-year from N/an in Q4 2024.

Bitcoin Depot's Tax Rate history runs 4 years deep, the most recent figure standing at 62.79% for Q4 2025.

  • In Q4 2025, Tax Rate rose 10162.0% year-over-year to 62.79%; the TTM figure through Dec 2025 stood at 5.45% (up 15038.0% YoY), while the FY2024 annual figure was 155.83%, down 14879.0% from the prior year.
  • Tax Rate came in at 62.79% for Q4 2025 at Bitcoin Depot, up from 35.67% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 62.79% in Q4 2025 to a low of 60.76% in Q3 2022.
  • A 4-year average of 0.41% and a median of 4.5% in 2024 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate slumped 1808 bps in 2023 and soared 10162 bps in 2025, its largest moves.
  • Bitcoin Depot's Tax Rate stood at 17.77% in 2022, then tumbled by 102 bps to 35.85% in 2023, then slipped by 8 bps to 38.83% in 2024, then soared by 262 bps to 62.79% in 2025.
  • According to Business Quant data, Tax Rate over the past three periods registered 62.79%, 35.67%, and 8.62% for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 19.58
2 Goldman Sachs 318.59 Bn -618.96 Bn - 13.20
3 Schwab Charles 154.74 Bn 109.76 Bn - 22.24
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 15.82
5 Interactive Brokers 39.54 Bn 50.13 Bn - 9.08
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 2.47
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 26.45
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 2.46
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 23.03
10 Bitcoin Depot - - -368.45 Mn 62.79

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 62.79
Dec 31, 2025 62.79
Sep 30, 2025 35.67
Sep 30, 2025 35.67
Jun 30, 2025 8.62
Jun 30, 2025 8.62
Dec 31, 2024 -38.83
Dec 31, 2024 -38.83
Sep 30, 2024 13.11
Sep 30, 2024 13.11
Jun 30, 2024 5.84
Jun 30, 2024 5.84
Mar 31, 2024 3.16
Mar 31, 2024 3.16
Dec 31, 2023 -35.85
Dec 31, 2023 -35.85
Sep 30, 2023 24.04
Sep 30, 2023 24.04
Jun 30, 2023 14.73
Jun 30, 2023 14.73
Mar 31, 2023 -11.39
Mar 31, 2023 -11.39
Dec 31, 2022 -17.77
Dec 31, 2022 -17.77
Sep 30, 2022 -60.76
Sep 30, 2022 -60.76
Jun 30, 2022 2.37
Jun 30, 2022 2.37