Bakkt, Inc. (BKKT)

Bakkt Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	49.98	26.96	39.05	52.88	98.33	391.36
Short-Term Investments	1.87	2.94	1.24	18.34	147.51	-
Cash & Short-Term Investments	51.85	29.9	40.29	71.22	245.84	391.36
Cash Growth	15.06%	-25.79%	-43.43%	-71.03%	-37.18%	407.05%
Accounts Receivable	4.37	4.13	5.19	24.5	16.07	16.64
Other Receivables	5.35	5.23	1.25	4.22	2.79	1.5
Receivables	14.86	14.42	6.44	28.73	18.86	18.14
Prepaid Expenses	2.22	4.96	5.99	16.36	28.88	32.21
Restricted Cash	0.72	0.58	24.89	31.84	16.5	16.5
Other Current Assets	27.75	22.35	106.24	32.95	16.38	5.34
Total Current Assets	97.4	72.2	183.85	181.09	326.47	463.55
Property, Plant & Equipment	2.16	1.66	10.01	11.52	39.38	17.36
Long-Term Investments	10.65	11.15	-	-	-	-
Goodwill	156.69	64.66	68	68	15.85	1,527
Other Intangible Assets	22.86	5.55	2.9	2.9	55.83	388.47
Other Long-Term Assets	113.85	7.57	4.62	1.81	17.98	17.79
Total Assets	403.6	162.79	269.38	265.31	455.5	2,414

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1.38	3.72	3.06	14.93	25.98	10.65
Accrued Expenses	5.7	5.99	3.32	20.41	29.46	34.1
Current Portion of Leases	0.02	0.55	3.79	3.64	3.01	0.62
Current Unearned Revenue	-	0.79	-	4.28	3.97	4.63
Other Current Liabilities	23.92	21.99	127.55	57.26	29.71	23.62
Total Current Liabilities	31.02	33.03	137.72	100.52	92.13	73.6
Long-Term Leases	0.04	-	16.1	23.53	23.4	10.65
Long-Term Unearned Revenue	-	-	-	3.2	3.11	4.82
Long-Term Deferred Tax Liabilities	-	-	-	-	-	11.59
Other Long-Term Liabilities	18.15	16.98	52.7	2.36	0.79	19.45
Total Liabilities	49.21	50.01	206.52	129.6	119.43	120.11

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0	0	0	0	0.03	0.03
Additional Paid-In Capital	1,189	1,017	832.69	799.68	772.97	566.77
Retained Earnings	-835.98	-905.17	-797.96	-751.3	-676.45	-98.34
Comprehensive Income & Other	1	0.95	-0.84	-0.1	-0.29	-0.06
Total Common Equity	354.39	112.78	33.89	48.28	96.26	468.4
Minority Interest	-	-	28.96	87.43	239.81	1,826
Shareholders' Equity	354.39	112.78	62.85	135.71	336.07	2,294
Total Liabilities & Equity	403.6	162.79	269.38	265.31	455.5	2,414

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	0.06	0.55	19.9	27.16	26.42	11.26
Net Cash (Debt)	51.79	29.35	20.39	44.06	219.42	380.1
Net Cash Growth	802.56%	43.92%	-53.71%	-79.92%	-42.27%	407.57%
Net Cash Per Share	1.98	2.43	3.48	12.36	77.08	175.91
Filing Date Shares Outstanding	45.07	30.56	6.53	5.67	3.29	2.29
Total Common Shares Outstanding	45.06	25.52	6.51	3.79	3.24	2.29
Working Capital	66.38	39.17	46.13	80.57	234.34	389.94
Book Value Per Share	7.86	4.42	5.21	12.73	29.74	204.85
Tangible Book Value	174.84	42.57	-37.01	-22.62	24.58	-1,447
Tangible Book Value Per Share	3.88	1.67	-5.68	-5.96	7.59	-632.91
Machinery	-	-	0.87	0.8	7.04	3.01
Leasehold Improvements	0.25	-	0.28	-	10.1	0.28

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 10, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 26, 2026

Data Sources Report a data error