Bakkt (BKKT-WT) Free Cash Flow (2020 - 2026)
Bakkt (BKKT-WT) posted Free Cash Flow of -$14.8 million for Q2 2026, down 22.53% on a QoQ basis from -$12.1 million in Q1 2026, and down 370.28% year-over-year from $5.5 million in Q2 2025.
Analysis
Bakkt (BKKT-WT) Free Cash Flow (2020 - 2026) Analysis & Trends
Bakkt has reported Free Cash Flow for 7 years, with the latest figure at -$14.8 million in Q2 2026.
- On a quarterly basis, Free Cash Flow fell 370.28% year-over-year to -$14.8 million in Q2 2026; TTM through Jun 2026 was -$84.4 million, a 6.71% increase from a year earlier, with the FY2025 full-year figure at -$154.6 million, down 536.34% from the prior year.
- Free Cash Flow was -$14.8 million for Q2 2026 at Bakkt, down from -$12.1 million in the prior quarter.
- The five-year high for Free Cash Flow was $36.6 million in Q1 2024, with the low at -$101.4 million in Q1 2025.
- Average Free Cash Flow over 5 years is -$23.5 million, with a median of -$28.7 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: Free Cash Flow plunged 621.52% in 2022, then soared 473.1% in 2024.
- Over 5 years, Free Cash Flow stood at -$31.7 million in 2022, then soared by 73.71% to -$8.3 million in 2023, then jumped by 473.1% to $31.1 million in 2024, then plunged by 134.78% to -$10.8 million in 2025, then sank by 37.03% to -$14.8 million in 2026.
- The last three Free Cash Flow figures came in at -$14.8 million (Q2 2026), -$12.1 million (Q1 2026), and -$10.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 47.22 Bn | 38.44 Bn | 1.16 Bn | 197.31 Mn |
| 2 | Bullish | 4.54 Bn | 4.44 Bn | 15.53 Mn | 17.52 Mn |
| 3 | Cypherpunk Technologies | 505.98 Mn | 505.98 Mn | - | - |
| 4 | Canton Strategic Holdings | 491.20 Mn | 491.20 Mn | - | -7.00 Mn |
| 5 | Coincheck | 271.17 Mn | 169.57 Mn | 11.20 Mn | -6.60 Mn |
| 6 | Wewards | 214.97 Mn | 214.97 Mn | - | -13,050.00 |
| 7 | Usbc | 194.85 Mn | 191.19 Mn | - | -15.23 Mn |
| 8 | TON Strategy | 191.22 Mn | 191.19 Mn | - | - |
| 9 | Universal Token | 174.68 Mn | 174.68 Mn | - | -45,619.00 |
| 10 | Bakkt | 663,025.70 | -50.03 Mn | 2.21 Mn | -14.82 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.82 Mn |
| Mar 31, 2026 | -12.09 Mn |
| Dec 31, 2025 | -10.81 Mn |
| Sep 30, 2025 | -46.66 Mn |
| Jun 30, 2025 | 5.48 Mn |
| Mar 31, 2025 | -101.41 Mn |
| Dec 31, 2024 | 31.09 Mn |
| Sep 30, 2024 | -25.61 Mn |
| Jun 30, 2024 | -66.36 Mn |
| Mar 31, 2024 | 36.58 Mn |
| Dec 31, 2023 | -8.33 Mn |
| Sep 30, 2023 | 22.74 Mn |
| Jun 30, 2023 | -33.57 Mn |
| Mar 31, 2023 | -50.96 Mn |
| Dec 31, 2022 | -31.70 Mn |
| Sep 30, 2022 | -41.25 Mn |
| Jun 30, 2022 | -38.92 Mn |
| Mar 31, 2022 | -36.28 Mn |
| Mar 31, 2021 | -5.03 Mn |
| Dec 31, 2020 | -341,800.00 |