Bakkt, Inc. (BKKT-WT) EBITDA Margin (2021 - 2026)

Bakkt's EBITDA Margin history runs 6 years deep, the most recent figure standing at 6.95% for Q1 2026.

• On a quarterly basis, EBITDA Margin fell 550.0% year-over-year to 6.95% in Q1 2026; TTM through Mar 2026 was 13.54%, a 1217.0% decrease from a year earlier, with the FY2025 full-year figure at 6.33%, down 393.0% from the prior year.
• EBITDA Margin climbed to 6.95% in Q1 2026 per BKKT-WT's latest filing, from 30.42% in the prior quarter.
• Across five years, EBITDA Margin topped out at 0.29% in Q4 2024 and bottomed at 168420.0% in Q3 2025.
• The 5-year median for EBITDA Margin is 14.7% (2023), against an average of 10807.15%.
• Across the five-year window, EBITDA Margin jumped 1204488 bps in 2023 and slumped 16841205 bps in 2025, its largest moves.
• Year by year, EBITDA 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 tumbled by 10278 bps to 30.42% in 2025, then soared by 77 bps to 6.95% in 2026.
• Per Business Quant, the three latest BKKT-WT EBITDA Margin figures stand at 6.95% (Q1 2026), 30.42% (Q4 2025), and 168420.0% (Q3 2025).