Bakkt (BKKT-WT) EBIT (2020 - 2026)
Bakkt (BKKT-WT) posted EBIT of -$19.6 million for Q2 2026, down 15.89% on a QoQ basis from -$16.9 million in Q1 2026, and down 21.66% year-over-year from -$25.0 million in Q2 2025.
Analysis
Bakkt (BKKT-WT) EBIT (2020 - 2026) Analysis & Trends
Bakkt has reported EBIT for 7 years, with the latest figure at -$19.6 million in Q2 2026.
- On a quarterly basis, EBIT fell 21.66% year-over-year to -$19.6 million in Q2 2026; TTM through Jun 2026 was -$152.8 million, a 129.15% decrease from a year earlier, with the FY2025 full-year figure at -$147.8 million, down 79.01% from the prior year.
- EBIT was -$19.6 million for Q2 2026 at Bakkt, down from -$16.9 million in the prior quarter.
- The five-year high for EBIT was -$6.8 million in Q4 2023, with the low at -$1.6 billion in Q3 2022.
- Average EBIT over 5 years is -$136.0 million, with a median of -$28.6 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: EBIT tumbled 5240.9% in 2022, then jumped 97.94% in 2023.
- Over 5 years, EBIT stood at -$332.0 million in 2022, then surged by 97.94% to -$6.8 million in 2023, then sank by 45.93% to -$10.0 million in 2024, then plunged by 810.8% to -$91.0 million in 2025, then jumped by 78.45% to -$19.6 million in 2026.
- The last three EBIT figures came in at -$19.6 million (Q2 2026), -$16.9 million (Q1 2026), and -$91.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 47.48 Bn | 38.69 Bn | 1.16 Bn | -113.49 Mn |
| 2 | Bullish | 4.46 Bn | 4.36 Bn | 15.53 Mn | 71.79 Mn |
| 3 | Canton Strategic Holdings | 497.71 Mn | 497.71 Mn | - | -1.20 Mn |
| 4 | Cypherpunk Technologies | 493.08 Mn | 493.08 Mn | - | -4.69 Mn |
| 5 | Coincheck | 271.17 Mn | 169.57 Mn | 11.20 Mn | -8.40 Mn |
| 6 | Wewards | 214.97 Mn | 214.97 Mn | - | -14,393.00 |
| 7 | Usbc | 197.72 Mn | 194.06 Mn | - | -28.10 Mn |
| 8 | TON Strategy | 189.76 Mn | 189.74 Mn | - | - |
| 9 | Universal Token | 174.68 Mn | 174.68 Mn | - | -17,725.00 |
| 10 | Bakkt | 450,598.01 | -50.25 Mn | 2.21 Mn | -19.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -19.61 Mn |
| Mar 31, 2026 | -16.92 Mn |
| Dec 31, 2025 | -91.02 Mn |
| Sep 30, 2025 | -25.26 Mn |
| Jun 30, 2025 | -16.12 Mn |
| Mar 31, 2025 | -15.44 Mn |
| Dec 31, 2024 | -9.99 Mn |
| Sep 30, 2024 | -25.14 Mn |
| Jun 30, 2024 | -22.02 Mn |
| Mar 31, 2024 | -31.84 Mn |
| Dec 31, 2023 | -6.85 Mn |
| Sep 30, 2023 | -52.86 Mn |
| Jun 30, 2023 | -51.09 Mn |
| Mar 31, 2023 | -45.45 Mn |
| Dec 31, 2022 | -331.98 Mn |
| Sep 30, 2022 | -1.59 Bn |
| Jun 30, 2022 | -43.55 Mn |
| Mar 31, 2022 | -48.49 Mn |
| Sep 30, 2021 | -29.86 Mn |
| Jun 30, 2021 | -31.33 Mn |