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

Bakkt has reported Cost of Revenue for 6 years, with the latest figure at $167.9 million in Q2 2026.

• On a quarterly basis, Cost of Revenue fell 70.07% year-over-year to $167.9 million in Q2 2026; TTM through Jun 2026 was $1.1 billion, a 70.22% decrease from a year earlier, with the FY2025 full-year figure at $2.3 billion, down 32.17% from the prior year.
• Cost of Revenue was $167.9 million for Q2 2026 at Bakkt, down from $240.0 million in the prior quarter.
• The five-year high for Cost of Revenue was $1.8 billion in Q4 2024, with the low at $487000.0 in Q3 2022.
• Average Cost of Revenue over 5 years is $380.0 million, with a median of $267.9 million recorded in 2025.
• The sharpest annual moves came in 2024 and 2025: Cost of Revenue jumped 125008.57% in 2024, then slumped 83.25% in 2025.
• Over 5 years, Cost of Revenue stood at $637000.0 in 2022, then surged by 30812.09% to $196.9 million in 2023, then soared by 797.21% to $1.8 billion in 2024, then plunged by 83.25% to $295.9 million in 2025, then slumped by 43.24% to $167.9 million in 2026.
• The last three Cost of Revenue figures came in at $167.9 million (Q2 2026), $240.0 million (Q1 2026), and $295.9 million (Q4 2025), per Business Quant data.