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

Bakkt's Gross Margin history runs 6 years deep, the most recent figure standing at 100.0% for Q1 2026.

• On a quarterly basis, Gross Margin rose 9895.0% year-over-year to 100.0% in Q1 2026; TTM through Mar 2026 was 229.52%, a 15870.0% increase from a year earlier, with the FY2025 full-year figure at 100.0%, changed 0.0% from the prior year.
• Gross Margin declined to 100.0% in Q1 2026 per BKKT-WT's latest filing, from 772.67% in the prior quarter.
• Across five years, Gross Margin topped out at 772.67% in Q4 2025 and bottomed at 466.67% in Q3 2025.
• The 5-year median for Gross Margin is 94.19% (2022), against an average of 64.23%.
• Biggest YoY gain for Gross Margin was 67267 bps in 2025; the steepest drop was 56667 bps in 2025.
• Year by year, Gross Margin stood at 100.31% in 2022, then plunged by 122 bps to 22.03% in 2023, then surged by 554 bps to 100.0% in 2024, then surged by 673 bps to 772.67% in 2025, then slumped by 87 bps to 100.0% in 2026.
• Per Business Quant, the three latest BKKT-WT Gross Margin figures stand at 100.0% (Q1 2026), 772.67% (Q4 2025), and 466.67% (Q3 2025).