Bakkt (BKKT-WT) Net Margin (2021 - 2025)

Bakkt (BKKT-WT) has reported Net Margin for 5 consecutive years, with 8.88% the latest figure, recorded in Q4 2025.

• In Q4 2025, Net Margin fell 801.0% year-over-year to 8.88%; the TTM figure through Mar 2026 stood at 4.45% (down 311.0% YoY), while the FY2025 annual figure was 1.48%, down 38.0% from the prior year.
• Net Margin came in at 8.88% for Q4 2025 at Bakkt, down from 0.4% in the prior quarter.
• The five-year high for Net Margin was 0.3% in Q1 2025, with the low at 12052.89% in Q3 2022.
• Average Net Margin over 5 years is 847.46%, with a median of 14.53% recorded in 2023.
• Across the five-year window, Net Margin plunged 1173734 bps in 2022 and surged 1202762 bps in 2023, its largest moves.
• Year by year, Net Margin stood at 315.54% in 2021, then sank by 550 bps to 2051.95% in 2022, then soared by 100 bps to 4.05% in 2023, then jumped by 79 bps to 0.87% in 2024, then sank by 923 bps to 8.88% in 2025.
• According to Business Quant data, Net Margin over the past three periods registered 8.88%, 0.4%, and 5.22% for Q4 2025, Q3 2025, and Q2 2025 respectively.