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
DateValue
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%