Bitcoin Depot Inc. (BTM) Revenue History
Annual and quarterly revenue from 2020 to 2025
Compound Annual Growth Rate (CAGR)
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BTM Revenue Growth
Revenue Breakdown (FY 2024)
BTM's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
BTM Revenue Analysis (2020–2025)
As of May 9, 2026, Bitcoin Depot Inc. (BTM) generated trailing twelve-month (TTM) revenue of $614.9 million, reflecting significant decline in growth of -15.2% year-over-year. The most recent quarter (Q4 2025) recorded $116.0 million in revenue, down 28.6% sequentially.
Looking at the longer-term picture, BTM's 5-year compound annual growth rate (CAGR) stands at +20.2%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $689.0 million in 2023.
Revenue diversification analysis shows BTM's business is primarily driven by Software Services (59%), and Hardware (41%). With over half of revenue concentrated in Software Services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including COIN, GREE, and FCFS, BTM has underperformed the peer group in terms of revenue growth. Compare BTM vs COIN →
BTM Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BTMCurrent | $615M | -15.2% | +20.2% | 6.7% | |
 COIN | $7.2B | - | - | 20.0% | |
 GREE | $60M | - | - | -19.2% | |
 FCFS | $3.7B | - | - | 15.4% | |
 EVI | $390M | +18.5% | +10.6% | 3.5% | |
 EVTC | $932M | +9.4% | +12.8% | 20.0% |
BTM Historical Revenue Data (2020–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $614.9M | - | $113.3M | 18.4% | $41.2M | 6.7% |
| 2024 | $573.7M | - | $91.4M | 15.9% | $24.2M | 4.2% |
| 2023 | $689.0M | - | $101.0M | 14.7% | $30.5M | 4.4% |
| 2022 | $646.8M | - | $72.3M | 11.2% | $16.5M | 2.6% |
| 2021 | $549.0M | - | $56.0M | 10.2% | $13.8M | 2.5% |
| 2020 | $245.1M | - | $31.1M | 12.7% | $14.8M | 6.0% |
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Start ComparisonBTM — Frequently Asked Questions
Quick answers to the most common questions about buying BTM stock.
Is BTM's revenue growth accelerating or slowing?
BTM revenue declined -15.2% year-over-year, contrasting with the 5-year CAGR of +20.2%. TTM revenue fell to $615M. This reverses the prior growth trend.
What is BTM's long-term revenue growth rate?
Bitcoin Depot Inc.'s 5-year revenue CAGR of +20.2% reflects the variable expansion pattern. Current YoY growth of -15.2% is below this long-term average.
How is BTM's revenue distributed by segment?
BTM reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2020-2025 are available for download. Segment mix reveals concentration and diversification trends.