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

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

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

Bakkt (BKKT-WT) has reported EBIT Margin for 6 consecutive years, with 53.73% the latest figure, recorded in 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 came in at 53.73% for Q1 2026 at Bakkt, down from 30.42% in the prior quarter.
  • The five-year high for EBIT Margin was 0.29% in Q4 2024, with the low at 12070.7% in Q3 2022.
  • Average EBIT Margin over 5 years is 903.22%, with a median of 14.7% recorded in 2023.
  • Across the five-year window, EBIT Margin slumped 1174405 bps in 2022 and surged 1204488 bps in 2023, its largest moves.
  • Year by year, EBIT Margin 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 sank by 10276 bps to 30.42% in 2025, then plunged by 77 bps to 53.73% in 2026.
  • According to Business Quant data, EBIT Margin over the past three periods registered 53.73%, 30.42%, and 6.28% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 46.33%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 31.97%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 46.18%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 15.30%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 1.06%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 31.36%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -9.69%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 8.43%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -2.84%
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%