Bakkt (BKKT-WT) Gross Profit (2021 - 2026)
Bakkt (BKKT-WT) posted quarterly Gross Profit of -$208.5 million for Q1 2026, down 119.56% year-over-year from $1.1 billion in Q1 2025, and up 89.62% on a QoQ basis from -$2.0 billion in Q4 2025.
Bakkt (BKKT-WT) Gross Profit (2021 - 2026) Analysis & Trends
Bakkt (BKKT-WT) has reported Gross Profit for 6 consecutive years, with -$208.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Profit fell 119.56% year-over-year to -$208.5 million; the TTM figure through Mar 2026 stood at -$1.6 billion (down 203.17% YoY), while the FY2025 annual figure was $26.9 million, down 29.05% from the prior year.
- Gross Profit came in at -$208.5 million for Q1 2026 at Bakkt, up from -$2.0 billion in the prior quarter.
- The five-year high for Gross Profit was $1.1 billion in Q1 2025, with the low at -$2.0 billion in Q4 2025.
- Average Gross Profit over 5 years is $63.8 million, with a median of $13.5 million recorded in 2022.
- The largest YoY upside for Gross Profit was 4613.61% in 2025 against a maximum downside of 35683.37% in 2025.
- Year by year, Gross Profit stood at $15.3 million in 2022, then surged by 4369.9% to $682.6 million in 2023, then tumbled by 99.17% to $5.6 million in 2024, then tumbled by 35683.37% to -$2.0 billion in 2025, then surged by 89.62% to -$208.5 million in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered -$208.5 million, -$2.0 billion, and $5.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn |
| 10 | Bakkt | - | - | -208.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -208.47 Mn |
| Mar 31, 2026 | -208.47 Mn |
| Dec 31, 2025 | -2.01 Bn |
| Dec 31, 2025 | -2.01 Bn |
| Sep 30, 2025 | 5.38 Mn |
| Sep 30, 2025 | 5.38 Mn |
| Jun 30, 2025 | 577.56 Mn |
| Jun 30, 2025 | 577.56 Mn |
| Mar 31, 2025 | 1.07 Bn |
| Mar 31, 2025 | 1.07 Bn |
| Dec 31, 2024 | 5.65 Mn |
| Dec 31, 2024 | 5.65 Mn |
| Sep 30, 2024 | 3.49 Mn |
| Sep 30, 2024 | 3.49 Mn |
| Jun 30, 2024 | 509.46 Mn |
| Jun 30, 2024 | 509.46 Mn |
| Mar 31, 2024 | 22.61 Mn |
| Mar 31, 2024 | 22.61 Mn |
| Dec 31, 2023 | 682.60 Mn |
| Dec 31, 2023 | 682.60 Mn |