Bakkt, Inc. (BKKT-WT) FCF Margin (2021 - 2026)

Bakkt's FCF Margin history runs 6 years deep, the most recent figure standing at 4.97% for Q1 2026.

• On a quarterly basis, FCF Margin rose 455.0% year-over-year to 4.97% in Q1 2026; TTM through Mar 2026 was 5.73%, a 267.0% decrease from a year earlier, with the FY2025 full-year figure at 6.62%, down 591.0% from the prior year.
• FCF Margin declined to 4.97% in Q1 2026 per BKKT-WT's latest filing, from 3.61% in the prior quarter.
• Across five years, FCF Margin topped out at 12.05% in Q3 2023 and bottomed at 311046.67% in Q3 2025.
• The 5-year median for FCF Margin is 8.71% (2023), against an average of 18383.92%.
• Across the five-year window, FCF Margin soared 37373 bps in 2024 and slumped 31103886 bps in 2025, its largest moves.
• Year by year, FCF Margin stood at 199.28% in 2022, then jumped by 98 bps to 4.17% in 2023, then soared by 120 bps to 0.83% in 2024, then slumped by 535 bps to 3.61% in 2025, then slumped by 37 bps to 4.97% in 2026.
• Per Business Quant, the three latest BKKT-WT FCF Margin figures stand at 4.97% (Q1 2026), 3.61% (Q4 2025), and 311046.67% (Q3 2025).