Bakkt (BKKT-WT) EBIT Margin (2021 - 2026)

Bakkt (BKKT-WT) recorded quarterly EBIT Margin of 53.73% in Q1 2026, down 76.63% quarter-over-quarter from 30.42% in Q4 2025, and down 5228.0% on a YoY basis from 1.05% in Q1 2025.

Bakkt (BKKT-WT) EBIT Margin (2021 - 2026) Analysis & Trends

Bakkt's EBIT Margin history runs 6 years deep, the most recent figure standing at 53.73% for Q1 2026.

  • In Q1 2026, EBIT Margin fell 5228.0% year-over-year to 53.73%; the TTM figure through Mar 2026 stood at 11.57% (down 1020.0% YoY), while the FY2025 annual figure was 6.33%, down 393.0% from the prior year.
  • EBIT Margin was 53.73% for Q1 2026 at Bakkt, down from 30.42% in the prior quarter.
  • In the past five years, EBIT Margin ranged from a high of 0.29% in Q4 2024 to a low of 12070.7% in Q3 2022.
  • Historically, EBIT Margin has averaged 903.22% across 5 years, with a median of 14.7% in 2023.
  • The sharpest annual moves came in 2022 and 2023: EBIT Margin sank 1174405 bps in 2022, then surged 1204488 bps in 2023.
  • A 5-year view of EBIT Margin shows it stood at 2086.85% in 2022, then soared by 100 bps to 4.24% in 2023, then soared by 93 bps to 0.29% in 2024, then plunged by 10276 bps to 30.42% in 2025, then tumbled by 77 bps to 53.73% in 2026.
  • The last three EBIT Margin figures came in at 53.73% (Q1 2026), 30.42% (Q4 2025), and 6.28% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 46.33%
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 6.91%
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 31.79%
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 46.18%
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 15.30%
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 1.06%
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 31.36%
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 8.43%
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn -9.69%
10 Bakkt - - -208.47 Mn -53.73%

Historic Data

Download Data
DateValue
Mar 31, 2026 -53.73%
Dec 31, 2025 -30.42%
Sep 30, 2025 -6.28%
Jun 30, 2025 -3.20%
Mar 31, 2025 -1.45%
Dec 31, 2024 -0.29%
Sep 30, 2024 -7.95%
Jun 30, 2024 -4.32%
Mar 31, 2024 -3.73%
Dec 31, 2023 -4.24%
Sep 30, 2023 -25.81%
Jun 30, 2023 -14.70%
Mar 31, 2023 -343.81%
Dec 31, 2022 -2,086.85%
Sep 30, 2022 -12,070.70%
Jun 30, 2022 -310.30%
Mar 31, 2022 -386.90%
Sep 30, 2021 -326.65%
Jun 30, 2021 -369.14%
Mar 31, 2021 -348.80%