Bakkt (BKKT-WT) EBT Margin (2021 - 2026)
Bakkt (BKKT-WT) recorded quarterly EBT Margin of 36.24% in Q1 2026, down 58.49% quarter-over-quarter from 22.87% in Q4 2025, and down 3807.0% on a YoY basis from 0.98% in Q1 2025.
Bakkt (BKKT-WT) EBT Margin (2021 - 2026) Analysis & Trends
Bakkt's EBT Margin history runs 6 years deep, the most recent figure standing at 36.24% for Q1 2026.
- In Q1 2026, EBT Margin fell 3807.0% year-over-year to 36.24%; the TTM figure through Mar 2026 stood at 10.03% (down 891.0% YoY), while the FY2025 annual figure was 4.17%, down 143.0% from the prior year.
- EBT Margin was 36.24% for Q1 2026 at Bakkt, down from 22.87% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 1.82% in Q1 2025 to a low of 12057.47% in Q3 2022.
- Historically, EBT Margin has averaged 893.62% across 5 years, with a median of 14.49% in 2023.
- The sharpest annual moves came in 2022 and 2023: EBT Margin tumbled 1174206 bps in 2022, then jumped 1203232 bps in 2023.
- A 5-year view of EBT Margin shows it stood at 2067.52% in 2022, then soared by 100 bps to 4.08% in 2023, then soared by 71 bps to 1.17% in 2024, then slumped by 1861 bps to 22.87% in 2025, then sank by 58 bps to 36.24% in 2026.
- The last three EBT Margin figures came in at 36.24% (Q1 2026), 22.87% (Q4 2025), and 5.37% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 47.46% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 6.63% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 25.69% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 54.43% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 21.16% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 4.43% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 35.50% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 3.28% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -3.35% |
| 10 | Bakkt | - | - | -208.47 Mn | -36.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -36.24% |
| Dec 31, 2025 | -22.87% |
| Sep 30, 2025 | -5.37% |
| Jun 30, 2025 | -5.21% |
| Mar 31, 2025 | 1.82% |
| Dec 31, 2024 | -1.17% |
| Sep 30, 2024 | -1.23% |
| 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% |
| Mar 31, 2021 | -353.55% |