Bakkt (BKKT-WT) EBT Margin (2021 - 2026)
Bakkt (BKKT-WT) posted EBT Margin of 47.68% for Q2 2026, up 1117.34% on a QoQ basis from 4.69% in Q1 2026, and up 5232.0% year-over-year from 0.89% in Q2 2025.
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Bakkt (BKKT-WT) EBT Margin (2021 - 2026) Analysis & Trends
Bakkt has reported EBT Margin for 6 years, with the latest figure at 47.68% in Q2 2026.
- On a quarterly basis, EBT Margin rose 5232.0% year-over-year to 47.68% in Q2 2026; TTM through Jun 2026 was 1.82%, a 45.0% decrease from a year earlier, with the FY2025 full-year figure at 4.17%, down 143.0% from the prior year.
- EBT Margin was 47.68% for Q2 2026 at Bakkt, up from 4.69% in the prior quarter.
- The five-year high for EBT Margin was 47.68% in Q2 2026, with the low at 12057.47% in Q3 2022.
- Average EBT Margin over 5 years is 839.6%, with a median of 6.16% recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: EBT Margin slumped 1174206 bps in 2022, then surged 1203232 bps in 2023.
- Over 5 years, EBT Margin stood at 2067.52% in 2022, then jumped by 100 bps to 4.08% in 2023, then surged by 44 bps to 2.27% in 2024, then tumbled by 906 bps to 22.87% in 2025, then jumped by 308 bps to 47.68% in 2026.
- The last three EBT Margin figures came in at 47.68% (Q2 2026), 4.69% (Q1 2026), and 22.87% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 47.21 Bn | 38.42 Bn | 1.16 Bn | -32.41% |
| 2 | Bullish | 4.54 Bn | 4.44 Bn | 15.53 Mn | -0.86% |
| 3 | Canton Strategic Holdings | 483.83 Mn | 483.83 Mn | - | -1,646.30% |
| 4 | Cypherpunk Technologies | 477.41 Mn | 477.41 Mn | - | - |
| 5 | Coincheck | 271.17 Mn | 169.57 Mn | 11.20 Mn | -1.06% |
| 6 | Wewards | 214.97 Mn | 214.97 Mn | - | - |
| 7 | Usbc | 194.69 Mn | 191.03 Mn | - | - |
| 8 | TON Strategy | 188.89 Mn | 188.86 Mn | - | - |
| 9 | Universal Token | 174.68 Mn | 174.68 Mn | - | - |
| 10 | Bakkt | 663,025.70 | -50.03 Mn | 2.21 Mn | 47.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.68% |
| Mar 31, 2026 | -4.69% |
| Dec 31, 2025 | -22.87% |
| Sep 30, 2025 | -5.37% |
| Jun 30, 2025 | -4.64% |
| Mar 31, 2025 | 1.81% |
| Dec 31, 2024 | -2.27% |
| Sep 30, 2024 | -1.18% |
| Jun 30, 2024 | -6.95% |
| Mar 31, 2024 | -2.47% |
| Dec 31, 2023 | -4.08% |
| Sep 30, 2023 | -25.16% |
| Jun 30, 2023 | -14.49% |
| Mar 31, 2023 | -339.22% |
| Dec 31, 2022 | -2,067.52% |
| Sep 30, 2022 | -12,057.47% |
| Jun 30, 2022 | -233.28% |
| Mar 31, 2022 | -370.72% |
| Sep 30, 2021 | -315.41% |
| Jun 30, 2021 | -373.91% |