Bitcoin Depot (BTMWW) Tax Rate (2022 - 2025)
Bitcoin Depot's (BTMWW) quarterly Tax Rate came in at 62.79% in Q4 2025, up 10162.0% year-on-year from N/an in Q4 2024, and up 76.04% quarter-over-quarter from 35.67% in Q3 2025.
Bitcoin Depot (BTMWW) Tax Rate (2022 - 2025) Analysis & Trends
Bitcoin Depot has disclosed Tax Rate across 4 years of filings, most recently posting 62.79% for Q4 2025.
- Tax Rate for Q4 2025 came in at 62.79%, up 10162.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 5.45% (up 15038.0% YoY), and the FY2024 annual result 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.
- The 4-year median for Tax Rate is 4.5% (2024), against an average of 0.41%.
- Across the five-year window, Tax Rate tumbled 1808 bps in 2023 and surged 10162 bps in 2025, its largest moves.
- Bitcoin Depot's Tax Rate stood at 17.77% in 2022, then plunged by 102 bps to 35.85% in 2023, then decreased by 8 bps to 38.83% in 2024, then surged by 262 bps to 62.79% in 2025.
- The last three Tax Rate figures came in at 62.79% (Q4 2025), 35.67% (Q3 2025), and 8.62% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 19.58 |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 13.20 |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 22.24 |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 15.82 |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 9.08 |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 26.45 |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 23.03 |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | 2.46 |
| 10 | Bitcoin Depot | - | - | -368.45 Mn | 62.79 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |