Bakkt, Inc. (BKKT-WT) Net Margin (2021 - 2025)

Bakkt's Net Margin history runs 5 years deep, the most recent figure standing at 8.88% for Q4 2025.

• On a quarterly basis, Net Margin fell 886.0% year-over-year to 8.88% in Q4 2025; TTM through Mar 2026 was 5.2%, a 442.0% decrease from a year earlier, with the FY2025 full-year figure at 1.48%, down 122.0% from the prior year.
• Net Margin rose to 8.88% in Q4 2025 per BKKT-WT's latest filing, from 10680.0% in the prior quarter.
• Across five years, Net Margin topped out at 0.02% in Q4 2024 and bottomed at 12052.89% in Q3 2022.
• The 5-year median for Net Margin is 25.27% (2023), against an average of 1409.5%.
• Across the five-year window, Net Margin tumbled 1173734 bps in 2022 and jumped 1202762 bps in 2023, its largest moves.
• Year by year, Net Margin stood at 315.54% in 2021, then slumped by 550 bps to 2051.95% in 2022, then soared by 100 bps to 4.05% in 2023, then surged by 100 bps to 0.02% in 2024, then sank by 48017 bps to 8.88% in 2025.
• Per Business Quant, the three latest BKKT-WT Net Margin figures stand at 8.88% (Q4 2025), 10680.0% (Q3 2025), and 5.22% (Q2 2025).