NASDAQ$BTM

Bitcoin Depot Inc · Q1 2025 earnings

Q1 2025 earnings · · Before market open

Briefing

Bitcoin Depot Inc reported strong revenue growth and returned to profitability in Q1 2025.

Bitcoin Depot Inc achieved revenue of $164.2 million for the three months ended March 31, 2025, representing an 18.5% increase year-over-year. The company generated net income of $12.2 million and operating income of $17.8 million, driven by higher kiosk transaction volumes and improved margins. Cash and cash equivalents increased to $35.0 million as of quarter end.

  • Revenue grew 18.5% to $164.2 million compared to Q1 2024, primarily due to increased kiosk transaction volumes and larger median transaction sizes.
  • Net income reached $12.2 million, a significant turnaround from the $4.2 million net loss in the prior year period.
  • Operating income improved to $17.8 million from $0.7 million, reflecting higher gross margins and controlled operating expenses.
  • Cash position strengthened to $35.0 million with positive operating cash flow of $16.3 million during the quarter.

Headline financials

Total Revenue

$164M

Previous: $139M+18.5%
EPS (adj)

$0.20

Previous: -$0.25+180.0%
Capital Expenditures

-$385K

Previous: -$558K+31.0%
Net Income

$4.19M

Previous: -$1.54M+372.6%
Operating Income

$17.8M

Previous: $699K+2446.2%
Cash & Equivalents

$35M

Previous: $42.2M-17.1%
Total Assets

$89.7M

Previous: $90.1M-0.4%

Revenue & EPS history

Bitcoin Depot Inc · Revenue · Quarterly

$164M

Q1 2025+18.5%vs Q1 2024
Beat estimate in 3 of 3 quarters(100%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 9 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-3.1%

Avg return

Earnings day

-3.6%

Avg return

5 days after

+19.6%

Avg return

30 days after

44%

4 / 9 earnings

Positive

+22.9%

Q1 2025

Best reaction

-20.0%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-8.0%-28.8%-5.0%
Q3 2025-17.5%-26.7%-43.4%
Q2 2025-12.4%-15.6%-21.8%
Q1 2025+22.9%+72.9%+265.9%
Q3 2024-2.0%-17.7%-21.4%
Q2 2024+7.1%+14.1%+3.8%
Q1 2024+1.6%+1.6%-0.5%
Q3 2023+0.6%-13.5%+0.2%
Q2 2023-20.0%-18.6%-1.2%

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