Bakkt (BKKT-WT) EBT Margin (2021 - 2026)
Bakkt (BKKT-WT) posted quarterly EBT Margin of 36.24% for Q1 2026, down 3807.0% year-over-year from 0.98% in Q1 2025, and down 58.49% on a QoQ basis from 22.87% in Q4 2025.
Bakkt (BKKT-WT) EBT Margin (2021 - 2026) Analysis & Trends
Bakkt (BKKT-WT) has reported EBT Margin for 6 consecutive years, with 36.24% the latest figure, recorded in 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 came in at 36.24% for Q1 2026 at Bakkt, down from 22.87% in the prior quarter.
- The five-year high for EBT Margin was 1.82% in Q1 2025, with the low at 12057.47% in Q3 2022.
- Average EBT Margin over 5 years is 893.62%, with a median of 14.49% recorded in 2023.
- Across the five-year window, EBT Margin plunged 1174206 bps in 2022 and jumped 1203232 bps in 2023, its largest moves.
- Year by year, EBT Margin 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 tumbled by 1861 bps to 22.87% in 2025, then slumped by 58 bps to 36.24% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 36.24%, 22.87%, and 5.37% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 47.46% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 27.99% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 54.43% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 21.16% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 4.43% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 35.50% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -3.35% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 3.28% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | -6.48% |
| 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% |