---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-275484"
form_type: "8-K"
ticker: "BTM"
cik: "0001901799"
company_name: "Bitcoin Depot Inc."
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T05:44:04.938598+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Bitcoin Depot Q3 revenue $179.5M (+3%); Adj EBITDA $13.9M (+21% YoY)

## Summary
- Revenue of $179.5M, up 3% from $174.8M in Q3 2022.
- Net income of $1.1M vs $3.3M in Q3 2022; improved from net loss of $4.0M in Q2 2023.
- Adjusted EBITDA (non-GAAP) of $13.9M, up 21% YoY.
- Adjusted Gross Profit margin (non-GAAP) expanded to 15.0% from 12.2% YoY.
- Company reiterates full-year 2023 revenue and Adjusted EBITDA guidance.

## SEC filing metadata
- accession: 0001193125-23-275484
- form_type: 8-K
- ticker: BTM
- cik: 0001901799
- company_name: Bitcoin Depot Inc.
- filed_at: 2023-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1901799/000119312523275484/0001193125-23-275484-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1901799/000119312523275484/d34764d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-275484
- JSON: https://secwatch.observer/filing/0001193125-23-275484.json
- Plain text: https://secwatch.observer/filing/0001193125-23-275484.txt

## Key facts
- Earnings Releases
  Bitcoin Depot Inc. reported the third quarter ended September 30, 2023 results: revenue $179.5 million, net income $1.1 million. Guidance reaffirmed.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $179.5 million
  - Net income: $1.1 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Bitcoin Depot Reports Third Quarter 2023 Financial Results Revenue of $179.5 Million, Up 3% Year-over-Year Net Income of $1.1 Million, Down 68% Year-over-Year Adjusted EBITDA (non-GAAP) of $13.9 Million, Up 21% Year-over-Year Reiterates Full Year 2023 Guidance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1901799/000119312523275484/0001193125-23-275484-index.htm

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