Bitcoin Depot FY2025 rev $615M (+7% YoY), net income $5.1M; Q4 revenue down 15% YoY; acquires Kutt

Bitcoin Depot Inc.

Full year 2025 revenue $614.9M, +7% YoY; net income $5.1M vs $7.8M in 2024; adjusted EBITDA $56.4M, +42% YoY.
Q4 2025 revenue $116.0M, down from $136.8M Q4 2024; gross profit margin 13.2% vs 17.2%.
Adjusted gross profit Q4 was $17.3M vs $25.4M a year ago; adjusted gross margin 14.9% vs 18.6%.
CEO cites state regulations (transaction size caps) and compliance enhancements as Q4 headwinds.
Post-year-end acquisition of Kutt, a peer-to-peer social betting platform, for undisclosed amount.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Bitcoin Depot Inc. reported financial results for fourth quarter and full year ended December 31, 2025.

Period: fourth quarter and full year ended December 31, 2025
Result: reported results

Exact text from the filing

On May 16, 2026, Bitcoin Depot Inc. (the “Company”) issued a press release announcing its financial and operational results for the quarter ended December 31, 2025.

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Bitcoin Depot Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-107410

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