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
DateValue
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