Bakkt (BKKT-WT) Cash from Operations (2020 - 2026)
Bakkt (BKKT-WT) posted Cash from Operations of -$14.8 million for Q2 2026, down 22.53% on a QoQ basis from -$12.1 million in Q1 2026, and down 376.85% year-over-year from $5.4 million in Q2 2025.
Analysis
Bakkt (BKKT-WT) Cash from Operations (2020 - 2026) Analysis & Trends
Bakkt has reported Cash from Operations for 7 years, with the latest figure at -$14.8 million in Q2 2026.
- On a quarterly basis, Cash from Operations fell 376.85% year-over-year to -$14.8 million in Q2 2026; TTM through Jun 2026 was -$84.4 million, a 5.82% increase from a year earlier, with the FY2025 full-year figure at -$153.4 million, down 623.48% from the prior year.
- Cash from Operations was -$14.8 million for Q2 2026 at Bakkt, down from -$12.1 million in the prior quarter.
- The five-year high for Cash from Operations was $38.4 million in Q1 2024, with the low at -$101.3 million in Q1 2025.
- Average Cash from Operations over 5 years is -$21.1 million, with a median of -$24.4 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: Cash from Operations plunged 3304.11% in 2022, then surged 561.39% in 2024.
- Over 5 years, Cash from Operations stood at -$23.7 million in 2022, then soared by 71.27% to -$6.8 million in 2023, then soared by 561.39% to $31.4 million in 2024, then tumbled by 134.43% to -$10.8 million in 2025, then sank by 37.03% to -$14.8 million in 2026.
- The last three Cash from Operations figures came in at -$14.8 million (Q2 2026), -$12.1 million (Q1 2026), and -$10.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 47.22 Bn | 38.44 Bn | 1.16 Bn | 197.31 Mn |
| 2 | Bullish | 4.54 Bn | 4.44 Bn | 15.53 Mn | 16.89 Mn |
| 3 | Cypherpunk Technologies | 505.98 Mn | 505.98 Mn | - | - |
| 4 | Canton Strategic Holdings | 491.20 Mn | 491.20 Mn | - | -2.24 Mn |
| 5 | Coincheck | 271.17 Mn | 169.57 Mn | 11.20 Mn | -7.00 Mn |
| 6 | Wewards | 214.97 Mn | 214.97 Mn | - | -13,050.00 |
| 7 | Usbc | 194.85 Mn | 191.19 Mn | - | -15.23 Mn |
| 8 | TON Strategy | 191.22 Mn | 191.19 Mn | - | - |
| 9 | Universal Token | 174.68 Mn | 174.68 Mn | - | -35,619.00 |
| 10 | Bakkt | 663,025.70 | -50.03 Mn | 2.21 Mn | -14.82 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.82 Mn |
| Mar 31, 2026 | -12.09 Mn |
| Dec 31, 2025 | -10.81 Mn |
| Sep 30, 2025 | -46.66 Mn |
| Jun 30, 2025 | 5.35 Mn |
| Mar 31, 2025 | -101.28 Mn |
| Dec 31, 2024 | 31.40 Mn |
| Sep 30, 2024 | -25.07 Mn |
| Jun 30, 2024 | -65.89 Mn |
| Mar 31, 2024 | 38.35 Mn |
| Dec 31, 2023 | -6.81 Mn |
| Sep 30, 2023 | 24.60 Mn |
| Jun 30, 2023 | -31.25 Mn |
| Mar 31, 2023 | -47.24 Mn |
| Dec 31, 2022 | -23.69 Mn |
| Sep 30, 2022 | -33.48 Mn |
| Jun 30, 2022 | -27.27 Mn |
| Mar 31, 2022 | -33.16 Mn |
| Mar 31, 2021 | -974,000.00 |
| Dec 31, 2020 | -341,800.00 |