Bakkt (BKKT-WT) Free Cash Flow (2020 - 2026)

Bakkt's Free Cash Flow history runs 7 years deep, the most recent figure standing at -$12.1 million for Q1 2026.

• In Q1 2026, Free Cash Flow rose 88.06% year-over-year to -$12.1 million; the TTM figure through Mar 2026 stood at -$64.4 million (up 60.63% YoY), while the FY2025 annual figure was -$154.6 million, down 536.34% from the prior year.
• Free Cash Flow was -$12.1 million for Q1 2026 at Bakkt, down from -$10.8 million in the prior quarter.
• In the past five years, Free Cash Flow ranged from a high of $37.9 million in Q1 2024 to a low of -$101.3 million in Q1 2025.
• Historically, Free Cash Flow has averaged -$24.0 million across 5 years, with a median of -$24.7 million in 2024.
• The sharpest annual moves came in 2022 and 2024: Free Cash Flow plunged 1203.09% in 2022, then surged 280.45% in 2024.
• A 5-year view of Free Cash Flow shows it stood at -$51.5 million in 2022, then soared by 69.52% to -$15.7 million in 2023, then soared by 280.45% to $28.3 million in 2024, then tumbled by 138.19% to -$10.8 million in 2025, then dropped by 11.84% to -$12.1 million in 2026.
• The last three Free Cash Flow figures came in at -$12.1 million (Q1 2026), -$10.8 million (Q4 2025), and -$46.7 million (Q3 2025), per Business Quant data.