Bakkt Holdings, Inc. (BKKT) — Financial statements
Income statement, balance sheet, and cash flow for Bakkt Holdings, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,335↓33.1% | 3,490↑347.4% | 780↑1287.5% | 56↑50.9% | 37 | |
| Cost of Revenue | 2,308↓32.2% | 3,403↑373.6% | 719↑43262.2% | 2 | 0.00 | |
| Gross Profit | 27↓69.1% | 87↑41.2% | 62↑12.9% | 55↑46.5% | 37 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 123↓15.0% | 144↓13.4% | 167↓17.9% | 203↑20.5% | 169 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 123↓15.0% | 144↓13.4% | 167↓17.9% | 203↑20.5% | 169 | |
| Other Expenses | 46↑28.9% | 36↓70.9% | 123↓93.4% | 1,870↑5592.2% | 33 | |
| Operating Expenses | 169↓6.3% | 180↓37.9% | 290↓86.0% | 2,073↑929.5% | 201 | |
| Total Costs & Expenses | 2,477↓30.9% | 3,583↑255.5% | 1,008↓51.4% | 2,075↑930.4% | 201 | |
| Operating Results | ||||||
| Operating Income | -142↓52.5% | -93↑59.2% | -228↑88.7% | -2,019↓1130.0% | -164 | |
| Depreciation & Amortization | 0.61↑77.0% | 0.34↓97.5% | 14↓45.0% | 25↑74.6% | 15 | |
| EBITDA | -141↓69.3% | -83↑27.1% | -114↑24.8% | -152↓12.8% | -135 | |
| EBIT | -142↓69.3% | -84↑34.7% | -128↑27.7% | -177↓18.8% | -149 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.00↓100.0% | 4↓0.5% | 4↑131.1% | 2↑895.3% | -0.24 | |
| Interest Income | 0.00↓100.0% | 4↓0.5% | 4↑131.1% | 2↑16963.6% | 0.01 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 0.25 | |
| Non-Operating Income | 0.00↑100.0% | -9↑90.8% | -100↑94.6% | -1,842↓12281.3% | -15 | |
| Other Income / Expenses | 44↑524.7% | -10↓510.8% | 3↓85.7% | 18↑122.6% | -78 | |
| Income Before Tax | -98↑5.4% | -103↑54.2% | -225↑88.7% | -2,001↓725.5% | -242 | |
| Income Tax Expense | -0.05↓128.8% | 0.17↓61.7% | 0.44↑103.9% | -11↓194.8% | 12 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -98↑5.6% | -103↑54.2% | -226↑88.7% | -1,990↓682.3% | -254 | |
| Net Income from Discontinued Operations | -35 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -107↓129.8% | -47↑37.7% | -75↑87.1% | -578↓332.9% | -134 | |
| Bottom-Line Net Income | -107↓129.8% | -47↑37.7% | -75↑87.1% | -578↓332.9% | -134 | |
| EPS (Basic) | -15.71↓97.1% | -7.97↑62.1% | -21.01↑89.7% | -203.08↓4689.6% | -4.24 | |
| EPS (Diluted) | -15.71↓97.1% | -7.97↑62.1% | -21.01↑89.7% | -203.08↓4689.6% | -4.24 | |
| Weighted Average Shares | 7↑16.6% | 6↑64.3% | 4↑25.2% | 3↓95.0% | 57 | |
| Weighted Average Diluted Shares | 7↑16.6% | 6↑64.3% | 4↑25.2% | 3↓95.0% | 57 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.