Bakkt (BKKT-WT) Asset Utilization Ratio (2022 - 2026)

Bakkt (BKKT-WT) posted quarterly Asset Utilization Ratio of 6.97 for Q1 2026, down 70.7% year-over-year from 23.78 in Q1 2025, and down 37.43% on a QoQ basis from 11.14 in Q4 2025.

Bakkt (BKKT-WT) Asset Utilization Ratio (2022 - 2026) Analysis & Trends

Bakkt (BKKT-WT) has reported Asset Utilization Ratio for 5 consecutive years, with 6.97 the latest figure, recorded in 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 came in at 6.97 for Q1 2026 at Bakkt, down from 11.14 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 29.3 in Q2 2025, with the low at 0.02 in Q1 2022.
  • Average Asset Utilization Ratio over 5 years is 6.45, with a median of 1.31 recorded in 2023.
  • Across the five-year window, Asset Utilization Ratio jumped 2897.73% in 2023 and tumbled 70.7% in 2026, its largest moves.
  • Year by year, Asset Utilization Ratio 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 tumbled by 37.43% to 6.97 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 6.97, 11.14, and 24.33 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 0.47
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 0.27
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 0.55
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 0.41
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 0.46
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 0.70
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 0.38
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 0.17
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 0.62
10 Bakkt - - -208.47 Mn 6.97

Historic Data

Download Data
DateValue
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