Here are the 10-Q quarterly reports from Athena Bitcoin Global (ABIT) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ABIT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ABIT filings page.
Athena Bitcoin Global reported sharply weaker results for the three months ended March 31, 2026. Revenue fell to $37.2M from $72.6M a year earlier, mainly from lower Bitcoin ATM and OTC trading volumes. Gross profit dropped to $2.2M from $8.1M, and the company posted a net loss of $0.5M versus net income of $2.6M in 2025.
Operating expenses declined but not enough to offset the revenue contraction, leading to a small operating loss. Cash, cash equivalents and restricted cash were $14.8M, with $1.4M provided by operating activities and $1.7M used in financing, including repayments on insurance financing and obligations tied to prior equipment and service agreements.
Total assets decreased to $58.1M from $69.5M at year-end, largely as property, equipment and right-of-use assets continued to amortize and short-term debt was reduced to $2.7M. The company remains highly equity-financed, with 4.10 billion common shares outstanding and stockholders’ equity of $14.8M. It continues to depend heavily on Bitcoin ATM revenues, exposure to crypto price volatility and a concentrated receivable from El Salvador’s Chivo program, while also managing ongoing legal proceedings and a structured settlement related to marketing texts.
Athena Bitcoin Global reported third-quarter results showing lower activity and a swing to loss. Revenue was $57.4 million for Q3 2025, down from $69.4 million a year earlier, as gross profit slipped to $7.2 million from $8.1 million. Operating income was $2.9 million versus $4.1 million last year.
The company recorded a $4.6 million loss on extinguishment of debt, contributing to a net loss of $2.5 million in Q3 2025 compared with net income of $2.3 million in Q3 2024. For the nine months, revenue totaled $192.9 million (prior year $221.7 million) and net income was $1.6 million (prior year $12.2 million).
Cash from operations for the nine months was $7.7 million, with cash and equivalents of $14.6 million and restricted cash held for customers of $2.8 million as of September 30, 2025. Bitcoin ATMs remained the core business, generating $56.6 million of Q3 revenue, mostly in the U.S. The company adopted fair value accounting for crypto assets in 2025, recording an unrealized loss of $14 thousand in Q3. Shares outstanding were 4,095,009,545 as of November 13, 2025.