Bakkt (BKKT-WT) Capital Expenditures (2021 - 2025)

Bakkt (BKKT-WT) posted quarterly Capital Expenditures of $149000.0 for Q2 2025, up 293.51% year-over-year from $37864.7 in Q2 2024, and down 95.17% on a QoQ basis from $3.1 million in Q4 2024.

Bakkt (BKKT-WT) Capital Expenditures (2021 - 2025) Analysis & Trends

Bakkt (BKKT-WT) has reported Capital Expenditures for 5 consecutive years, with $149000.0 the latest figure, recorded in Q2 2025.

  • In Q2 2025, Capital Expenditures rose 293.51% year-over-year to $149000.0; the TTM figure through Jun 2025 stood at $2.9 million (down 68.9% YoY), while the FY2025 annual figure was $1.2 million, down 62.2% from the prior year.
  • Capital Expenditures came in at $149000.0 for Q2 2025 at Bakkt, down from $3.1 million in the prior quarter.
  • The five-year high for Capital Expenditures was $27.8 million in Q4 2022, with the low at -$12.0 million in Q3 2022.
  • Average Capital Expenditures over 5 years is $3.2 million, with a median of $1.1 million recorded in 2021.
  • Across the five-year window, Capital Expenditures plunged 410.81% in 2024 and jumped 293.51% in 2025, its largest moves.
  • Year by year, Capital Expenditures stood at $1.8 million in 2021, then soared by 1435.19% to $27.8 million in 2022, then plunged by 68.02% to $8.9 million in 2023, then slumped by 65.26% to $3.1 million in 2024, then plunged by 95.17% to $149000.0 in 2025.
  • According to Business Quant data, Capital Expenditures over the past three periods registered $149000.0, $3.1 million, and -$378000.0 for Q2 2025, Q4 2024, and Q3 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 30.88 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 773.00 Mn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 7.40 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 170.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 102.47 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 56.00 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 65.23 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 35.32 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 30.57 Mn
10 Bakkt - - -208.47 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2025 149,000.00
Jun 30, 2025 149,000.00
Dec 31, 2024 3.09 Mn
Dec 31, 2024 3.09 Mn
Sep 30, 2024 -378,000.00
Sep 30, 2024 -378,000.00
Jun 30, 2024 -77,000.00
Jun 30, 2024 -77,000.00
Mar 31, 2024 455,000.00
Mar 31, 2024 455,000.00
Dec 31, 2023 8.89 Mn
Dec 31, 2023 8.89 Mn
Sep 30, 2023 -74,000.00
Sep 30, 2023 -74,000.00
Jun 30, 2023 -3.10 Mn
Jun 30, 2023 -3.10 Mn
Mar 31, 2023 3.72 Mn
Mar 31, 2023 3.72 Mn
Dec 31, 2022 27.79 Mn
Dec 31, 2022 27.79 Mn