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
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