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| 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 |