---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-211499"
form_type: "8-K"
ticker: "BTM"
cik: "0001901799"
company_name: "Bitcoin Depot Inc."
filed_at: "2023-08-14T23:59:59+00:00"
generated_at: "2026-06-11T13:00:37.731146+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bitcoin Depot Q2 revenue $197.5M (+18% YoY); net loss $6.1M vs prior-year income $4.1M

## Summary
- Record revenue of $197.5M, up 18% from $167.5M in Q2 2022.
- Net loss of $6.1M; net income was $4.1M in Q2 2022 (down 249% YoY).
- Adjusted EBITDA $19.8M (+54% YoY); margin improved to 10% from 8%.
- Gross profit margin expanded to 13% from 8% YoY; gross profit up 87%.
- Reiterates full-year 2023 revenue and adjusted EBITDA guidance.

## SEC filing metadata
- accession: 0001193125-23-211499
- form_type: 8-K
- ticker: BTM
- cik: 0001901799
- company_name: Bitcoin Depot Inc.
- filed_at: 2023-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1901799/000119312523211499/0001193125-23-211499-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1901799/000119312523211499/d477324d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-211499
- JSON: https://secwatch.observer/filing/0001193125-23-211499.json
- Plain text: https://secwatch.observer/filing/0001193125-23-211499.txt

## Key facts
- Earnings Releases
  Bitcoin Depot Inc. reported the second quarter ended June 30, 2023 results: revenue $197.5 million, net income $6.1 million. Guidance reaffirmed.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $197.5 million
  - Net income: $6.1 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Bitcoin Depot Reports Second Quarter 2023 Financial Results Record Revenue of $197.5 Million, Up 18% Year-over-Year Net loss of $6.1 million, Down 249% Year-over-Year Adjusted EBITDA (non-GAAP) of $19.8 Million, Up 54% Year-over-Year Reiterates Full Year 2023 Guidance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1901799/000119312523211499/0001193125-23-211499-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.