Bakkt, Inc. (BKKT-WT) Cost of Revenue (2021 - 2026)

Bakkt's (BKKT-WT) quarterly Cost of Revenue came in at $5000.0 in Q1 2026, down 100.0% year-on-year from $1.1 billion in Q1 2025, and up 100.0% quarter-over-quarter from -$2.0 billion in Q4 2025.

Bakkt, Inc. (BKKT-WT) Cost of Revenue (2021 - 2026) Analysis & Trends

Bakkt's Cost of Revenue history runs 6 years deep, the most recent figure standing at $5000.0 for Q1 2026.

  • On a quarterly basis, Cost of Revenue fell 100.0% year-over-year to $5000.0 in Q1 2026; TTM through Mar 2026 was -$1.5 billion, a 193.86% decrease from a year earlier, with the FY2025 full-year figure at $84000.0, up 180.0% from the prior year.
  • Cost of Revenue improved to $5000.0 in Q1 2026 per BKKT-WT's latest filing, from -$2.0 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $1.1 billion in Q1 2025 and bottomed at -$2.0 billion in Q4 2025.
  • The 5-year median for Cost of Revenue is $463000.0 (2022), against an average of $96.9 million.
  • Across the five-year window, Cost of Revenue jumped 401957.14% in 2023 and slumped 3003541.79% in 2025, its largest moves.
  • Year by year, Cost of Revenue stood at -$49000.0 in 2022, then soared by 401957.14% to $196.9 million in 2023, then slumped by 100.03% to -$67000.0 in 2024, then slumped by 3003541.79% to -$2.0 billion in 2025, then soared by 100.0% to $5000.0 in 2026.
  • Per Business Quant, the three latest BKKT-WT Cost of Revenue figures stand at $5000.0 (Q1 2026), -$2.0 billion (Q4 2025), and $85000.0 (Q3 2025).

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 5,000.00
Mar 31, 2026 5,000.00
Dec 31, 2025 -2.01 Bn
Dec 31, 2025 -2.01 Bn
Sep 30, 2025 85,000.00
Sep 30, 2025 85,000.00
Jun 30, 2025 561.07 Mn
Jun 30, 2025 561.07 Mn
Mar 31, 2025 1.05 Bn
Mar 31, 2025 1.05 Bn
Dec 31, 2024 -67,000.00
Dec 31, 2024 -67,000.00
Sep 30, 2024 1,000.00
Sep 30, 2024 1,000.00
Jun 30, 2024 491.70 Mn
Jun 30, 2024 491.70 Mn
Mar 31, 2024 831.97 Mn
Mar 31, 2024 831.97 Mn
Dec 31, 2023 196.91 Mn
Dec 31, 2023 196.91 Mn