Bitcoin Depot Inc. (BTM) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Cash from Operations | 945K | 6.63M | 10.15M | 16.25M | 5.29M | 5.78M | 10.13M | 1.35M | 7.53M | 6.97M | 16.59M | 10.01M | 9.26M | 10.87M | 9.48M | 1.64M |
| Operating CF Margin % | 0.81% | 4.08% | 5.9% | 9.89% | 3.87% | 4.27% | 6.21% | 0.97% | 5.07% | 3.88% | 8.4% | 6.12% | 6.19% | 6.22% | 5.65% | 1.06% |
| Operating CF Growth % | -82.14% | 14.75% | 0.25% | 1106.38% | -29.73% | -17.11% | -38.95% | -86.54% | -18.71% | -35.86% | 75.02% | 509.04% | - | - | - | - |
| Net Income | -24.86M | 5.49M | 12.32M | 12.18M | 5.39M | 2.42M | 4.35M | -1.54M | -1.67M | 1.07M | -4.01M | 6.08M | -525.91K | 3.31M | 4.14M | -3.37M |
| Depreciation & Amortization | 3.67M | -3.43M | 1.87M | 1.9M | 1.89M | 2.44M | 3.17M | 3M | 3.23M | 3.26M | 3.5M | 2.8M | 4.42M | 4.76M | 4.8M | 4.8M |
| Stock-Based Compensation | 1.61M | 2.19M | 704K | 368K | 363K | 412K | 1.73M | 897K | 1.2M | 944K | 1.81M | 191K | 321.12K | 302K | 304.01K | 302.99K |
| Deferred Taxes | -5.3M | 2.59M | -3.79M | 0 | -1.25M | -1.76M | 2K | 5K | 142K | -667K | -440K | -427K | 1.14M | -1.05M | -338K | 0 |
| Other Non-Cash Items | 2.38M | 5.35M | -2.31M | 2.06M | 836K | -529K | 596K | 878K | 4.44M | 427K | 10.43M | 1.09M | 639.45K | 1.98M | -1.2M | 668.38K |
| Working Capital Changes | 23.45M | -5.56M | 1.35M | -246K | -1.94M | 2.79M | 282K | -1.89M | 188K | 1.94M | 5.3M | 280K | 3.27M | 1.57M | 1.77M | -755.13K |
| Change in Receivables | 872K | -1.47M | -222K | 128K | 156K | 1.41M | 32K | -104K | 199K | 841K | -387K | -483K | -129.47K | -44K | 133.31K | -131.31K |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 766K | -184K | 886K | -2.36M | -408K | 1.5M | -106K | 2.24M | 1.14M | -3.25M | -209K | 84K | 555.85K | 845K | -1.06M | -2.24M |
| Cash from Investing | -634K | -4.08M | -950K | -8.21M | -864K | -7.32M | -2.63M | -558K | 1.98M | -1.99M | -18K | 0 | -143.13K | -2.27M | -328.06K | -371.94K |
| Capital Expenditures | -774K | 774K | -389K | -385K | -864K | -6.82M | -2.51M | -558K | -17K | 13K | -18K | 0 | -143.13K | -267K | -328.06K | -371.94K |
| CapEx % of Revenue | 0.67% | 0.48% | 0.23% | 0.23% | 0.63% | 5.04% | 1.54% | 0.4% | 0.01% | 0.01% | 0.01% | - | 0.1% | 0.15% | 0.2% | 0.24% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | 0 | 0 | 0 | 0 | -4.56M | 0 | 600K | 441K | 712K | 6.4M | 6.42M | 328.73M | 539.9K | 322.8M | 0 | 320.77M |
| Other Investing | 8.61M | -13.33M | 0 | 0 | 0 | 0 | 0 | 0 | 2M | 0 | 0 | 0 | -2M | -11.39B | 0 | 0 |
| Cash from Financing | 5.97M | 8.78M | 3.98M | -2.55M | -7.26M | -10.16M | -5.71M | 11.56M | -9.4M | -2.73M | -30.84M | -5.89M | -10.22M | -7.97M | -5.82M | -4.53M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 14.26M | 8.87M | 11M | 978K | 158K | 0 | 0 | -158K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -10.12M | -10.12M | -7.64M | -2.48M | -14.41M | -15M | -6.83M | -916K | -2.02M | -273K | -12.23M | -482K | -5.52M | -662K | -1.55M | -3.62M |
| Share Repurchases | 0 | 0 | 0 | 0 | 158K | 0 | 0 | -158K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 9.94M | 9.88M | -8.89M | -163K | -260K | 0 | 0 | -19K | -2.28M | -346K | 1.61M | 0 | 321 | -1K | 679 | -209.68K |
| Net Change in Cash | 6.37M | 11.23M | 13.08M | 5.49M | -2.76M | -11.71M | 1.79M | 12.39M | 93K | 2.25M | -14.25M | 4.13M | -787.66K | 464K | 3.07M | -3.23M |
| Free Cash Flow | 171K | 7.4M | 9.76M | 15.87M | 4.43M | -1.04M | 7.62M | 789K | 7.51M | 6.98M | 16.57M | 10.01M | 9.12M | 10.6M | 9.15M | 1.27M |
| FCF Margin % | 0.15% | 4.56% | 5.67% | 9.66% | 3.24% | -0.77% | 4.67% | 0.57% | 5.06% | 3.89% | 8.39% | 6.12% | 6.09% | 6.07% | 5.45% | 0.82% |
| FCF Growth % | -96.14% | 811.92% | 28.17% | 1910.77% | -41.08% | -114.89% | -54.03% | -92.12% | -17.62% | -34.13% | 81.1% | 687.18% | - | - | - | - |
| FCF per Share | 0.00 | 0.11 | 0.26 | 0.74 | 0.21 | -0.05 | 0.38 | 0.05 | 0.45 | 0.42 | 1.34 | 0.81 | 0.74 | 0.86 | 0.74 | 0.10 |
| FCF Conversion (FCF/Net Income) | -0.04x | 1.20x | 1.67x | 3.88x | -0.80x | -6.15x | -3.95x | -0.88x | -0.91x | -0.98x | -4.06x | 1.59x | 2.56x | 30.11x | -69.69x | -0.50x |
| Interest Paid | 0 | 2.74M | 3.37M | 2.85M | -4.18M | 2.74M | 2.36M | 1.81M | 995K | 2.08M | 4.53M | 2.51M | 2.55M | 2.65M | 2.84M | 2.8M |
| Taxes Paid | 0 | 4.15M | 5.01M | 137K | -3.65M | 225K | 3.39M | 40K | 9K | -1.85M | 2.21M | 3K | -232.39K | 345K | -250 | 4.25K |