Bakkt (BKKT-WT) Gross Profit (2021 - 2026)
Bakkt (BKKT-WT) posted Gross Profit of $2.2 million for Q2 2026, down 38.97% on a QoQ basis from $3.6 million in Q1 2026, and down 86.85% year-over-year from $16.8 million in Q2 2025.
Analysis
Bakkt (BKKT-WT) Gross Profit (2021 - 2026) Analysis & Trends
Bakkt has reported Gross Profit for 6 years, with the latest figure at $2.2 million in Q2 2026.
- On a quarterly basis, Gross Profit fell 86.85% year-over-year to $2.2 million in Q2 2026; TTM through Jun 2026 was $14.5 million, a 57.4% decrease from a year earlier, with the FY2025 full-year figure at $26.9 million, down 29.05% from the prior year.
- Gross Profit was $2.2 million for Q2 2026 at Bakkt, down from $3.6 million in the prior quarter.
- The five-year high for Gross Profit was $22.6 million in Q1 2024, with the low at -$35.5 million in Q4 2023.
- Average Gross Profit over 5 years is $8.4 million, with a median of $13.1 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2025: Gross Profit sank 332.75% in 2023, then jumped 117.84% in 2025.
- Over 5 years, Gross Profit stood at $15.3 million in 2022, then tumbled by 332.75% to -$35.5 million in 2023, then surged by 47.85% to -$18.5 million in 2024, then surged by 117.84% to $3.3 million in 2025, then slumped by 33.14% to $2.2 million in 2026.
- The last three Gross Profit figures came in at $2.2 million (Q2 2026), $3.6 million (Q1 2026), and $3.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 47.26 Bn | 38.47 Bn | 1.16 Bn |
| 2 | Bullish | 4.54 Bn | 4.44 Bn | 15.53 Mn |
| 3 | Cypherpunk Technologies | 504.14 Mn | 504.14 Mn | - |
| 4 | Canton Strategic Holdings | 486.86 Mn | 486.86 Mn | - |
| 5 | Coincheck | 271.17 Mn | 169.57 Mn | 11.20 Mn |
| 6 | Wewards | 214.97 Mn | 214.97 Mn | - |
| 7 | Usbc | 194.69 Mn | 191.03 Mn | - |
| 8 | TON Strategy | 188.71 Mn | 188.69 Mn | - |
| 9 | Universal Token | 174.68 Mn | 174.68 Mn | - |
| 10 | Bakkt | 663,025.70 | -50.03 Mn | 2.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.21 Mn |
| Mar 31, 2026 | 3.62 Mn |
| Dec 31, 2025 | 3.31 Mn |
| Sep 30, 2025 | 5.40 Mn |
| Jun 30, 2025 | 16.81 Mn |
| Mar 31, 2025 | 20.28 Mn |
| Dec 31, 2024 | -18.54 Mn |
| Sep 30, 2024 | 15.58 Mn |
| Jun 30, 2024 | 18.20 Mn |
| Mar 31, 2024 | 22.61 Mn |
| Dec 31, 2023 | -35.54 Mn |
| Sep 30, 2023 | 15.35 Mn |
| Jun 30, 2023 | 15.82 Mn |
| Mar 31, 2023 | 12.55 Mn |
| Dec 31, 2022 | 15.27 Mn |
| Sep 30, 2022 | 12.73 Mn |
| Jun 30, 2022 | 13.55 Mn |
| Mar 31, 2022 | 11.80 Mn |
| Sep 30, 2021 | 8.80 Mn |
| Jun 30, 2021 | 8.22 Mn |