Bakkt (BKKT-WT) Cost of Revenue (2021 - 2026)

Bakkt (BKKT-WT) has reported Cost of Revenue for 6 consecutive years, with $240.0 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue rose 2999525.0% year-over-year to $240.0 million; the TTM figure through Mar 2026 stood at $2.9 billion (down 20.75% YoY), while the FY2025 annual figure was $2.3 billion, down 32.17% from the prior year.
• Cost of Revenue came in at $240.0 million for Q1 2026 at Bakkt, down from $2.3 billion in the prior quarter.
• The five-year high for Cost of Revenue was $3.4 billion in Q4 2024, with the low at -$521.2 million in Q4 2023.
• Average Cost of Revenue over 5 years is $421.5 million, with a median of $637000.0 recorded in 2022.
• Across the five-year window, Cost of Revenue tumbled 81926.06% in 2023 and soared 2999525.0% in 2026, its largest moves.
• Year by year, Cost of Revenue stood at $637000.0 in 2022, then sank by 81926.06% to -$521.2 million in 2023, then jumped by 752.9% to $3.4 billion in 2024, then tumbled by 32.17% to $2.3 billion in 2025, then sank by 89.6% to $240.0 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $240.0 million, $2.3 billion, and $396.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.