Bakkt (BKKT-WT) EBT (2020 - 2026)

Bakkt (BKKT-WT) posted quarterly EBT of -$11.4 million for Q1 2026, down 158.74% year-over-year from $19.4 million in Q1 2025, and up 83.32% on a QoQ basis from -$68.4 million in Q4 2025.

Bakkt (BKKT-WT) EBT (2020 - 2026) Analysis & Trends

Bakkt (BKKT-WT) has reported EBT for 7 consecutive years, with -$11.4 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBT fell 158.74% year-over-year to -$11.4 million; the TTM figure through Mar 2026 stood at -$131.5 million (down 120.57% YoY), while the FY2025 annual figure was -$97.4 million, down 3.27% from the prior year.
  • EBT came in at -$11.4 million for Q1 2026 at Bakkt, up from -$68.4 million in the prior quarter.
  • The five-year high for EBT was $19.4 million in Q1 2025, with the low at -$1.6 billion in Q3 2022.
  • Average EBT over 5 years is -$139.2 million, with a median of -$35.4 million recorded in 2024.
  • Across the five-year window, EBT slumped 5425.07% in 2022 and soared 192.04% in 2025, its largest moves.
  • Year by year, EBT stood at -$328.9 million in 2022, then soared by 98.0% to -$6.6 million in 2023, then slumped by 504.09% to -$39.7 million in 2024, then slumped by 72.15% to -$68.4 million in 2025, then soared by 83.32% to -$11.4 million in 2026.
  • According to Business Quant data, EBT over the past three periods registered -$11.4 million, -$68.4 million, and -$21.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 39.34 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 5.37 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 888.60 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 549.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 57.84 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 656.60 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -21.40 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 79.05 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -392.60 Mn
10 Bakkt - - -208.47 Mn -11.42 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -11.42 Mn
Dec 31, 2025 -68.43 Mn
Sep 30, 2025 -21.58 Mn
Jun 30, 2025 -30.09 Mn
Mar 31, 2025 19.44 Mn
Dec 31, 2024 -39.75 Mn
Sep 30, 2024 -3.88 Mn
Jun 30, 2024 -35.44 Mn
Mar 31, 2024 -21.12 Mn
Dec 31, 2023 -6.58 Mn
Sep 30, 2023 -51.52 Mn
Jun 30, 2023 -50.36 Mn
Mar 31, 2023 -44.84 Mn
Dec 31, 2022 -328.90 Mn
Sep 30, 2022 -1.59 Bn
Jun 30, 2022 -32.74 Mn
Mar 31, 2022 -46.46 Mn
Sep 30, 2021 -28.84 Mn
Jun 30, 2021 -31.73 Mn
Mar 31, 2021 -28.80 Mn