Bitcoin Depot reported a gross margin of 14.92% and a net margin of -10.57% for the quarter ended Dec 2025. These financial ratios cover 17 quarters of results from Dec 2021 through Dec 2025, standardized by Business Quant from the company’s SEC filings.
| Ratios | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | |||||||||||||||||
| Gross Margin | 11.11% | 12.20% | 12.74% | 13.63% | 15.31% | 15.01% | 14.52% | 12.45% | 16.16% | 16.57% | 18.57% | 20.18% | 19.01% | 18.54% | 14.92% | ||
| EBT Margin | 2.51% | 1.18% | 3.05% | 3.34% | -2.38% | 0.78% | 0.03% | -3.15% | 2.83% | 1.96% | 6.16% | 8.30% | 7.84% | 5.25% | -7.76% | ||
| EBIT Margin | 3.94% | 2.78% | 2.86% | 5.30% | 5.35% | 4.14% | 2.56% | 0.50% | 4.66% | 4.05% | 7.62% | 10.84% | 9.15% | 7.25% | -3.55% | ||
| EBITDA Margin | 6.56% | 5.30% | 5.60% | 6.77% | 6.92% | 5.76% | 4.51% | 2.38% | 6.26% | 5.45% | 8.72% | 11.75% | 10.02% | 8.17% | -2.08% | ||
| Operating Margin | 3.94% | 2.78% | 2.86% | 5.30% | 5.35% | 4.14% | 2.56% | 0.50% | 4.66% | 4.05% | 7.62% | 10.84% | 9.15% | 7.25% | -3.55% | ||
| Net Margin | 2.45% | 1.89% | 2.05% | 3.72% | -2.03% | -3.95% | -5.60% | -3.05% | 2.67% | 1.70% | 3.79% | 7.41% | 7.16% | 3.38% | -10.57% | ||
| FCF Margin | 7.27% | 6.07% | 6.09% | 6.12% | 8.40% | 3.89% | 5.06% | 0.57% | 4.67% | -0.77% | 3.24% | 9.69% | 5.64% | 1.57% | 0.29% | ||
| Efficiency | |||||||||||||||||
| Assets AverageAssets Avg. | 161.92M | 323.46M | 323.94M | 208.90M | 211.13M | 203.41M | 78.22M | 76.40M | 82.20M | 93.80M | 92.49M | 83.78M | 84.91M | 99.39M | 117.17M | 127.93M | |
| Invested CapitalInvested Cap. | 19.06M | 47.02M | 24.66M | 25.30M | 30.46M | 44.28M | 47.60M | 38.86M | 31.85M | 50.89M | 70.70M | 88.19M | 72.75M | ||||
| Asset Utilization RatioAsset Util. | 3.11 | 3.37 | 8.82 | 9.02 | 8.08 | 6.71 | 6.33 | 6.85 | 7.06 | 6.12 | 5.43 | 4.81 | |||||
| Leverage & Solvency | |||||||||||||||||
| Interest Coverage RatioInterest Cover | 0.14 | 2.64 | 1.88 | 3.01 | 5.80 | 3.33 | 2.85 | -1.71 | |||||||||
| Debt Ratio | 0.20 | 0.40 | 0.25 | 0.24 | 0.28 | 0.44 | 0.44 | 0.53 | 0.69 | 0.62 | 0.61 | 0.54 | 0.46 | ||||
| Times Interest Earned | 0.14 | 2.64 | 1.88 | 3.01 | 5.80 | 3.33 | 2.85 | -1.71 | |||||||||
| Dividends & Payouts | |||||||||||||||||
| Dividend Coverage RatioDiv. Cover | 5.00 | 0.55 | 12.62 | -0.33 | -26.00 | -4.11 | -4.62 | 0.64 | 0.15 | 0.18 | 4.92 | 1.61 | 817.87 | ||||
| FCF Payout RatioFCF Cover | 0.06 | 0.61 | 0.05 | 0.74 | 0.04 | 0.27 | 1.16 | 0.90 | -14.42 | 6.55 | 0.16 | 0.79 | -0.05 | ||||
| Payout Ratio | 0.20 | 1.80 | 0.08 | -3.05 | -0.04 | -0.24 | -0.22 | 1.57 | 6.52 | 5.60 | 0.20 | 0.62 | 0.00 | ||||
| Return Ratios | |||||||||||||||||
| Return on Sales [ROS]ROS | 3.94% | 2.78% | 2.86% | 5.30% | 5.35% | 4.14% | 2.56% | 0.50% | 4.66% | 4.05% | 7.62% | 10.84% | 9.15% | 7.25% | -3.55% | ||
| Return on Capital Employed [ROCE]ROCE | 9.59% | 11.94% | 18.71% | 107.45% | 91.18% | 59.82% | 41.66% | 37.51% | 56.11% | 96.11% | 90.17% | 74.31% | 64.17% | ||||
| Return on Invested Capital [ROIC]ROIC | 114.17% | 43.19% | 74.61% | -26.93% | 2.12% | 45.97% | 81.76% | 68.13% | 56.01% | 34.07% | |||||||
| Return on Assets [ROA]ROA | 4.81% | 7.85% | 4.15% | 7.93% | 1.15% | -11.48% | -1.15% | 0.17% | 9.07% | 28.27% | 32.18% | 30.01% | 13.85% |