Bitcoin Depot Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Bitcoin Depot Inc (BTM) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Bitcoin Depot Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 615M vs -M combined for tracked competitors (100.0% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-24.5% annualized vs trailing 12 months).
- Peer revenue share: Bitcoin Depot Inc accounted for 100.0% of combined revenue among its tracked peer group, up from 100.0% a year earlier.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
BTM Sales vs. its Competitors, Q4 2025
Bitcoin Depot Inc generated 100.00 % of the combined sales of its peer group, up from 100.00 % a year earlier.
For context: the Miscellaneous Financial Services industry grew revenue 293.3% year over year, combined, vs -15.2% for Bitcoin Depot Inc. Bitcoin Depot Inc's share of combined industry revenue moved from 0.16% to 0.04%, a loss of 0.13 percentage points.
Bitcoin Depot Inc's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Bitcoin Depot Inc | Yes | Yes | Yes | No |
| High-Confidence Competitors (2) | ||||
| Similar Growth & Profitability (8) | 85.70 % (6 of 7) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 37.50 % (3 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
BTM Stock Performance relative to its Competitors
BTM Stock Performance relative to High-Confidence Competitors
BTM Stock Performance relative to Similar Growth & Profitability Competitors
Bitcoin Depot Inc's Comment on Competition and Industry Peers
Bitcoin Depot Inc's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Cumberland DRW | Named by the company | 85% |
| Circle K | Named by the company | 85% |
| Athena Bitcoin Inc. | Named by the company | 85% |
| Earlyworks Co Ltd | Named by the company | 85% |
| Coin ATM Radar | Named by the company | 85% |
| Bitcoin Well Inc. | Named by the company | 85% |
| Hashdex Nasdaq Cme Crypto Index Etf | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Bitcoin Depot Inc's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Bitcoin Depot Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Bitcoin Depot Inc | Reportable Segment 100.00 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).