Bakkt (BKKT-WT) EBT (2020 - 2026)
Bakkt (BKKT-WT) recorded quarterly EBT of -$11.4 million in Q1 2026, up 83.32% quarter-over-quarter from -$68.4 million in Q4 2025, and down 158.74% on a YoY basis from $19.4 million in Q1 2025.
Bakkt (BKKT-WT) EBT (2020 - 2026) Analysis & Trends
Bakkt's EBT history runs 7 years deep, the most recent figure standing at -$11.4 million for 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 was -$11.4 million for Q1 2026 at Bakkt, up from -$68.4 million in the prior quarter.
- In the past five years, EBT ranged from a high of $19.4 million in Q1 2025 to a low of -$1.6 billion in Q3 2022.
- Historically, EBT has averaged -$139.2 million across 5 years, with a median of -$35.4 million in 2024.
- The sharpest annual moves came in 2022 and 2025: EBT sank 5425.07% in 2022, then soared 192.04% in 2025.
- A 5-year view of EBT shows it stood at -$328.9 million in 2022, then soared by 98.0% to -$6.6 million in 2023, then sank by 504.09% to -$39.7 million in 2024, then sank by 72.15% to -$68.4 million in 2025, then soared by 83.32% to -$11.4 million in 2026.
- The last three EBT figures came in at -$11.4 million (Q1 2026), -$68.4 million (Q4 2025), and -$21.6 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 39.34 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 777,000.00 |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 4.42 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 888.60 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 549.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 57.84 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 656.60 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 79.05 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -21.40 Mn |
| 10 | Bakkt | - | - | -208.47 Mn | -11.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |