Bakkt (BKKT-WT) Net Income (2020 - 2025)
Bakkt (BKKT-WT) recorded quarterly Net Income of -$26.6 million in Q4 2025, down 1558.11% quarter-over-quarter from -$1.6 million in Q3 2025, and down 4123.05% on a YoY basis from $660269.8 in Q4 2024.
Bakkt (BKKT-WT) Net Income (2020 - 2025) Analysis & Trends
Bakkt's Net Income history runs 6 years deep, the most recent figure standing at -$26.6 million for Q4 2025.
- In Q4 2025, Net Income fell 4123.05% year-over-year to -$26.6 million; the TTM figure through Mar 2026 stood at -$58.3 million (down 39.45% YoY), while the FY2025 annual figure was -$34.6 million, down 282.63% from the prior year.
- Net Income was -$26.6 million for Q4 2025 at Bakkt, down from -$1.6 million in the prior quarter.
- In the past five years, Net Income ranged from a high of -$629000.0 in Q4 2024 to a low of -$1.6 billion in Q3 2022.
- Historically, Net Income has averaged -$123.9 million across 5 years, with a median of -$28.8 million in 2021.
- The sharpest annual moves came in 2021 and 2023: Net Income slumped 165887.69% in 2021, then surged 98.0% in 2023.
- A 5-year view of Net Income shows it stood at -$28.8 million in 2021, then tumbled by 1031.57% to -$326.4 million in 2022, then soared by 98.0% to -$6.5 million in 2023, then surged by 90.37% to -$629000.0 in 2024, then slumped by 4123.05% to -$26.6 million in 2025.
- The last three Net Income figures came in at -$26.6 million (Q4 2025), -$1.6 million (Q3 2025), and -$30.2 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 31.78 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 593,000.00 |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 3.72 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 876.40 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 432.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 61.44 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 534.60 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 64.72 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -22.90 Mn |
| 10 | Bakkt | - | - | -208.47 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -26.56 Mn |
| Sep 30, 2025 | -1.60 Mn |
| Jun 30, 2025 | -30.15 Mn |
| Mar 31, 2025 | -3.15 Mn |
| Dec 31, 2024 | -629,000.00 |
| Sep 30, 2024 | -2.53 Mn |
| Jun 30, 2024 | -35.51 Mn |
| Mar 31, 2024 | -21.28 Mn |
| Dec 31, 2023 | -6.53 Mn |
| Sep 30, 2023 | -51.75 Mn |
| Jun 30, 2023 | -50.51 Mn |
| Mar 31, 2023 | -44.86 Mn |
| Dec 31, 2022 | -326.43 Mn |
| Sep 30, 2022 | -1.59 Bn |
| Jun 30, 2022 | -27.64 Mn |
| Mar 31, 2022 | -43.32 Mn |
| Sep 30, 2021 | -28.85 Mn |
| Jun 30, 2021 | -31.89 Mn |
| Mar 31, 2021 | -28.82 Mn |
| Dec 31, 2020 | -1.00 Mn |