Bakkt (BKKT-WT) Asset Utilization Ratio (2022 - 2026)
Bakkt (BKKT-WT) recorded quarterly Asset Utilization Ratio of 6.97 in Q1 2026, down 37.43% quarter-over-quarter from 11.14 in Q4 2025, and down 70.7% on a YoY basis from 23.78 in Q1 2025.
Bakkt (BKKT-WT) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
Bakkt's Asset Utilization Ratio history runs 5 years deep, the most recent figure standing at 6.97 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 70.7% year-over-year to 6.97; the TTM figure through Mar 2026 stood at 6.97 (down 70.7% YoY), while the FY2025 annual figure was 10.81, down 16.04% from the prior year.
- Asset Utilization Ratio was 6.97 for Q1 2026 at Bakkt, down from 11.14 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 29.3 in Q2 2025 to a low of 0.02 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 6.45 across 5 years, with a median of 1.31 in 2023.
- The sharpest annual moves came in 2023 and 2026: Asset Utilization Ratio jumped 2897.73% in 2023, then slumped 70.7% in 2026.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.08 in 2022, then soared by 1466.08% to 1.31 in 2023, then jumped by 436.14% to 7.01 in 2024, then soared by 58.9% to 11.14 in 2025, then slumped by 37.43% to 6.97 in 2026.
- The last three Asset Utilization Ratio figures came in at 6.97 (Q1 2026), 11.14 (Q4 2025), and 24.33 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 0.47 |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 0.00 |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 0.28 |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 0.55 |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 0.41 |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 0.46 |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 0.70 |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 0.17 |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 0.38 |
| 10 | Bakkt | - | - | -208.47 Mn | 6.97 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.97 |
| Dec 31, 2025 | 11.14 |
| Sep 30, 2025 | 24.33 |
| Jun 30, 2025 | 29.30 |
| Mar 31, 2025 | 23.78 |
| Dec 31, 2024 | 7.01 |
| Sep 30, 2024 | 1.52 |
| Jun 30, 2024 | 1.23 |
| Mar 31, 2024 | 1.70 |
| Dec 31, 2023 | 1.31 |
| Sep 30, 2023 | 0.62 |
| Jun 30, 2023 | 0.54 |
| Mar 31, 2023 | 0.13 |
| Dec 31, 2022 | 0.08 |
| Sep 30, 2022 | 0.03 |
| Jun 30, 2022 | 0.02 |
| Mar 31, 2022 | 0.02 |