Bakkt, Inc. (BKKT)
NYSE: BKKT · Real-Time Price · USD
8.58
-0.42 (-4.67%)
At close: Apr 28, 2026, 4:00 PM EDT
8.55
-0.03 (-0.35%)
After-hours: Apr 28, 2026, 7:56 PM EDT

Bakkt Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2019
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2019
Operating Revenue
2,3353,441726.9956.2239.44
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Revenue
2,3353,441726.9956.2239.44
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Revenue Growth (YoY)
-32.14%373.33%1193.02%42.57%38.40%
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Cost of Revenue
2,4373,489790.43169.27175.1
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Gross Profit
-101.48-48.17-63.44-113.04-135.67
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Selling, General & Admin
12.6724.3830.8935.4128.83
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Other Operating Expenses
0.080.634.273.513.88
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Operating Expenses
13.3625.3547.4964.2847.75
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Operating Income
-114.84-73.52-110.93-177.32-183.42
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Interest Expense
-0.2----0.25
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Interest & Investment Income
0.994.324.341.880.01
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Earnings From Equity Investments
-0.32----
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Other Non Operating Income (Expenses)
45.68-16.03-1.3915.78-77.99
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EBT Excluding Unusual Items
-68.7-85.24-107.99-159.66-261.64
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Merger & Restructuring Charges
-5.39-8.32-8.55-8.01-26.4
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Impairment of Goodwill
----1,390-
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Gain (Loss) on Sale of Investments
-----0.06
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Gain (Loss) on Sale of Assets
-2.3----
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Asset Writedown
-0.73-0.74-36.76-443.68-4.79
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Other Unusual Items
-20.59----
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Pretax Income
-97.71-94.3-153.3-2,001-292.9
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Income Tax Expense
-0.050.110.36-11.3211.15
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Earnings From Continuing Operations
-97.66-94.41-153.65-1,990-304.05
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Earnings From Discontinued Operations
-34.57-9.04-72.16--
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Net Income to Company
-132.23-103.45-225.81-1,990-304.05
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Minority Interest in Earnings
25.0256.79150.961,412120.83
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Net Income
-107.21-46.66-74.85-578.11-183.21
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Preferred Dividends & Other Adjustments
-----139.22
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Net Income to Common
-107.21-46.66-74.85-578.11-44
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Shares Outstanding (Basic)
126432
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Shares Outstanding (Diluted)
126432
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Shares Change (YoY)
106.49%64.31%25.17%31.75%-99.75%
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EPS (Basic)
-8.87-7.97-21.01-203.08-20.36
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EPS (Diluted)
-8.87-7.97-21.01-203.08-20.36
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Free Cash Flow
-154.57-24.29-70.13-148.14-149.99
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Free Cash Flow Per Share
-12.79-4.15-19.68-52.04-69.42
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Gross Margin
-4.35%-1.40%-8.73%-201.06%-
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Operating Margin
-4.92%-2.14%-15.26%-315.38%-465.09%
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Profit Margin
-4.59%-1.36%-10.30%-1028.22%-111.56%
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Free Cash Flow Margin
-6.62%-0.71%-9.65%-263.48%-380.33%
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EBITDA
-114.83-73.38-98.6-153.67-170.74
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EBITDA Margin
-4.92%-2.13%-13.56%-273.32%-
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D&A For EBITDA
0.010.1412.3323.6512.68
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EBIT
-114.84-73.52-110.93-177.32-183.42
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EBIT Margin
-4.92%-2.14%-15.26%--
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Revenue as Reported
2,3353,441726.9956.22-
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Advertising Expenses
0.592.474.538.818.8
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Source: S&P Capital IQ. Standard template. Financial Sources.