Bitcoin Depot Inc. (BTM) Revenue History
Annual and quarterly revenue from 2020 to present
BTM Revenue Over Time (2020–2025)
BTM Revenue Growth History
4 of 5 years with positive growth- FY2020 revenue growth
- N/A
- FY2021 revenue growth
- +124.0%
- FY2022 revenue growth
- +17.8%
- FY2023 revenue growth
- +6.5%
- FY2024 revenue growth
- -16.7%
- FY2025 revenue growth
- +7.2%
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $116.0M | — |
| Q3 2025 | $162.5M | — |
| Q2 2025 | $172.1M | — |
| Q1 2025 | $164.2M | — |
| Q4 2024 | $136.8M | — |
| Q3 2024 | $135.3M | — |
| Q2 2024 | $163.1M | — |
| Q1 2024 | $138.5M | — |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2024)
BTM's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
BTM Revenue Analysis (2020–2025)
Current Revenue & Growth
As of June 23, 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.
Historical Growth Trajectory
BTM's 5-year compound annual growth rate (CAGR) stands at +20.2%, indicating outstanding long-term growth trajectory. The 3-year CAGR of -1.7% is below the 5-year average, signalling a growth deceleration in recent years. Bitcoin Depot Inc.'s highest annual revenue of $689.0 million was recorded in 2023.
Revenue by Segment
BTM's revenue is primarily driven by Software Services (59%), and Hardware (41%). With over half of revenue concentrated in Software Services, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Financial Services sector peers — including COIN, GREE, and FCFS — BTM has underperformed the peer group in 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% | 7.1% | |
 COIN | $7.2B | - | - | 20.0% | |
 GREE | $59M | - | - | -26.6% | |
 FCFS | $3.7B | - | - | 15.4% | |
 EVI | $390M | +17.5% | +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% | $43.8M | 7.1% |
| 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% |
Intrinsic Valuation
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Historical Returns
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Peer Comparison
Compare growth, multiples, and margins vs sector.
BTM — Frequently Asked Questions
Quick answers to the most common questions about buying BTM stock.
Is BTM's revenue growth accelerating or slowing?
BTM revenue is declining -15.2% year-over-year. TTM revenue fell to $615M, contrasting with the 5-year CAGR of +20.2%. The reversal reflects either macro headwinds or company-specific challenges.
What is BTM's revenue history from 2020 to 2026?
Bitcoin Depot Inc. (BTM) revenue history spans 2020 to 2026. TTM revenue as of 2026 is $615M, growing at -15.2% YoY. The 5-year CAGR is +20.2%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is BTM's long-term revenue growth rate (CAGR)?
Bitcoin Depot Inc.'s 5-year revenue CAGR of +20.2% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -15.2% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for BTM.
Why does BTM's quarterly revenue fluctuate?
BTM quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Bitcoin Depot Inc.'s revenue data from 2020 to 2026 shows full historical quarterly detail on this page.
How is BTM's revenue distributed by segment?
BTM reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does BTM's revenue compare to industry peers?
Bitcoin Depot Inc. (BTM) with TTM revenue of $615M and -15.2% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.