Bakkt, Inc. (BKKT)
NYSE: BKKT · Real-Time Price · USD
7.69
-0.73 (-8.67%)
At close: Aug 28, 2026, 4:00 PM EDT
7.82
+0.13 (1.69%)
After-hours: Aug 28, 2026, 7:58 PM EDT
Bakkt Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 1,115 | 2,335 | 3,441 | 726.99 | 56.22 | 39.44 |
| 1,115 | 2,335 | 3,441 | 726.99 | 56.22 | 39.44 | |
Revenue Growth | -70.16% | -32.14% | 373.33% | 1193.02% | 42.57% | 38.40% |
Cost of Revenue | 1,225 | 2,437 | 3,489 | 790.43 | 169.27 | 175.1 |
Gross Profit | -109.9 | -101.48 | -48.17 | -63.44 | -113.04 | -135.67 |
Selling, General & Admin | 10.59 | 12.67 | 24.38 | 30.89 | 35.41 | 28.83 |
Other Operating Expenses | 0.06 | 0.08 | 0.63 | 4.27 | 3.51 | 3.88 |
Operating Expenses | 8.91 | 13.36 | 25.35 | 47.49 | 64.28 | 47.75 |
Operating Income | -118.8 | -114.84 | -73.52 | -110.93 | -177.32 | -183.42 |
Interest Expense | -0.2 | -0.2 | - | - | - | -0.25 |
Interest & Investment Income | 1.16 | 0.99 | 4.32 | 4.34 | 1.88 | 0.01 |
Earnings From Equity Investments | -0.83 | -0.32 | - | - | - | - |
Other Non Operating Income (Expenses) | 125.28 | 45.68 | -16.03 | -1.39 | 15.78 | -77.99 |
EBT Excluding Unusual Items | 6.61 | -68.7 | -85.24 | -107.99 | -159.66 | -261.64 |
Merger & Restructuring Charges | -5.16 | -5.39 | -8.32 | -8.55 | -8.01 | -26.4 |
Impairment of Goodwill | - | - | - | - | -1,390 | - |
Gain (Loss) on Sale of Investments | - | - | - | - | - | -0.06 |
Gain (Loss) on Sale of Assets | 0 | -2.3 | - | - | - | - |
Asset Writedown | -1.98 | -0.73 | -0.74 | -36.76 | -443.68 | -4.79 |
Other Unusual Items | -20.59 | -20.59 | - | - | - | - |
Pretax Income | -21.12 | -97.71 | -94.3 | -153.3 | -2,001 | -292.9 |
Income Tax Expense | -0.16 | -0.05 | 0.11 | 0.36 | -11.32 | 11.15 |
Earnings From Continuing Operations | -20.96 | -97.66 | -94.41 | -153.65 | -1,990 | -304.05 |
Earnings From Discontinued Operations | -28.17 | -34.57 | -9.04 | -72.16 | - | - |
Net Income to Company | -49.13 | -132.23 | -103.45 | -225.81 | -1,990 | -304.05 |
Minority Interest in Earnings | 18.13 | 25.02 | 56.79 | 150.96 | 1,412 | 120.83 |
Net Income | -31 | -107.21 | -46.66 | -74.85 | -578.11 | -183.21 |
Preferred Dividends & Other Adjustments | - | - | - | - | - | -139.22 |
Net Income to Common | -31 | -107.21 | -46.66 | -74.85 | -578.11 | -44 |
Net Income Growth | - | - | - | - | - | - |
Shares Outstanding (Basic) | 26 | 12 | 6 | 4 | 3 | 2 |
Shares Outstanding (Diluted) | 26 | 12 | 6 | 4 | 3 | 2 |
Shares Change | 299.22% | 106.49% | 64.31% | 25.17% | 31.75% | -99.75% |
EPS (Basic) | -1.18 | -8.87 | -7.97 | -21.01 | -203.08 | -20.36 |
EPS (Diluted) | -1.18 | -8.87 | -7.97 | -21.01 | -203.08 | -20.36 |
EPS Growth | - | - | - | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -87.39 | -154.57 | -24.29 | -70.13 | -148.14 | -149.99 |
Free Cash Flow Per Share | -3.34 | -12.79 | -4.15 | -19.68 | -52.04 | -69.42 |
Gross Margin | -9.86% | -4.35% | -1.40% | -8.73% | -201.06% | - |
Operating Margin | -10.65% | -4.92% | -2.14% | -15.26% | -315.38% | -465.09% |
Profit Margin | -2.78% | -4.59% | -1.36% | -10.30% | -1028.22% | -111.56% |
Free Cash Flow Margin | -7.84% | -6.62% | -0.71% | -9.65% | -263.48% | -380.33% |
EBITDA | -117.95 | -114.83 | -73.38 | -98.6 | -153.67 | -170.74 |
EBITDA Margin | -10.58% | -4.92% | -2.13% | -13.56% | -273.32% | - |
D&A For EBITDA | 0.85 | 0.01 | 0.14 | 12.33 | 23.65 | 12.68 |
EBIT | -118.8 | -114.84 | -73.52 | -110.93 | -177.32 | -183.42 |
EBIT Margin | -10.65% | -4.92% | -2.14% | -15.26% | - | - |
Revenue as Reported | 2,335 | 2,335 | 3,441 | 726.99 | 56.22 | - |
Advertising Expenses | - | 0.59 | 2.47 | 4.53 | 8.8 | 18.8 |