Bakkt (BKKT-WT) Free Cash Flow (2020 - 2026)
Bakkt (BKKT-WT) posted quarterly Free Cash Flow of -$12.1 million for Q1 2026, up 88.06% year-over-year from -$6.4 million in Q1 2025, and down 11.84% on a QoQ basis from -$10.8 million in Q4 2025.
Bakkt (BKKT-WT) Free Cash Flow (2020 - 2026) Analysis & Trends
Bakkt (BKKT-WT) has reported Free Cash Flow for 7 consecutive years, with -$12.1 million the latest figure, recorded in 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 came in at -$12.1 million for Q1 2026 at Bakkt, down from -$10.8 million in the prior quarter.
- The five-year high for Free Cash Flow was $37.9 million in Q1 2024, with the low at -$101.3 million in Q1 2025.
- Average Free Cash Flow over 5 years is -$24.0 million, with a median of -$24.7 million recorded in 2024.
- Across the five-year window, Free Cash Flow sank 1203.09% in 2022 and surged 280.45% in 2024, its largest moves.
- Year by year, Free Cash Flow 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 plunged by 138.19% to -$10.8 million in 2025, then retreated by 11.84% to -$12.1 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$12.1 million, -$10.8 million, and -$46.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 15.80 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 13.85 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 891.76 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 384.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 395.40 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 1.02 Bn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 93.10 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 821.51 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 935.02 Mn |
| 10 | Bakkt | - | - | -208.47 Mn | -12.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.09 Mn |
| Mar 31, 2026 | -12.09 Mn |
| Dec 31, 2025 | -10.81 Mn |
| Dec 31, 2025 | -10.81 Mn |
| Sep 30, 2025 | -46.66 Mn |
| Sep 30, 2025 | -46.66 Mn |
| Jun 30, 2025 | 5.20 Mn |
| Jun 30, 2025 | 5.20 Mn |
| Mar 31, 2025 | -101.28 Mn |
| Mar 31, 2025 | -101.28 Mn |
| Dec 31, 2024 | 28.32 Mn |
| Dec 31, 2024 | 28.32 Mn |
| Sep 30, 2024 | -24.69 Mn |
| Sep 30, 2024 | -24.69 Mn |
| Jun 30, 2024 | -65.82 Mn |
| Jun 30, 2024 | -65.82 Mn |
| Mar 31, 2024 | 37.90 Mn |
| Mar 31, 2024 | 37.90 Mn |
| Dec 31, 2023 | -15.69 Mn |
| Dec 31, 2023 | -15.69 Mn |