Bakkt (BKKT-WT) Non-Current Deffered Revenue (2020 - 2025)
Bakkt (BKKT-WT) posted Non-Current Deffered Revenue of $2.1 million for Q2 2025, down 12.18% on a QoQ basis from $2.3 million in Q1 2025, and down 25.1% year-over-year from $2.8 million in Q2 2024.
Analysis
Bakkt (BKKT-WT) Non-Current Deffered Revenue (2020 - 2025) Analysis & Trends
Bakkt has reported Non-Current Deffered Revenue for 6 years, with the latest figure at $2.1 million in Q2 2025.
- On a quarterly basis, Non-Current Deffered Revenue fell 25.1% year-over-year to $2.1 million in Q2 2025; TTM through Jun 2025 was $2.1 million, a 25.1% decrease from a year earlier, with the FY2024 full-year figure at $2.6 million, down 18.04% from the prior year.
- Non-Current Deffered Revenue was $2.1 million for Q2 2025 at Bakkt, down from $2.3 million in the prior quarter.
- The five-year high for Non-Current Deffered Revenue was $7.3 million in Q1 2021, with the low at $2.1 million in Q2 2025.
- Average Non-Current Deffered Revenue over 5 years is $3.8 million, with a median of $3.0 million recorded in 2022.
- The sharpest annual moves came in 2021 and 2022: Non-Current Deffered Revenue rose 17.45% in 2021, then plunged 50.68% in 2022.
- Over 5 years, Non-Current Deffered Revenue stood at $4.8 million in 2021, then tumbled by 35.42% to $3.1 million in 2022, then climbed by 2.76% to $3.2 million in 2023, then declined by 18.04% to $2.6 million in 2024, then fell by 21.33% to $2.1 million in 2025.
- The last three Non-Current Deffered Revenue figures came in at $2.1 million (Q2 2025), $2.3 million (Q1 2025), and $2.6 million (Q4 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Deffered Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 47.21 Bn | 38.42 Bn | 1.16 Bn | - |
| 2 | Bullish | 4.54 Bn | 4.44 Bn | 15.53 Mn | - |
| 3 | Canton Strategic Holdings | 483.83 Mn | 483.83 Mn | - | - |
| 4 | Cypherpunk Technologies | 477.41 Mn | 477.41 Mn | - | - |
| 5 | Coincheck | 271.17 Mn | 169.57 Mn | 11.20 Mn | 267.60 Mn |
| 6 | Wewards | 214.97 Mn | 214.97 Mn | - | - |
| 7 | Usbc | 194.69 Mn | 191.03 Mn | - | - |
| 8 | TON Strategy | 188.89 Mn | 188.86 Mn | - | - |
| 9 | Universal Token | 174.68 Mn | 174.68 Mn | - | - |
| 10 | Bakkt | 663,025.70 | -50.03 Mn | 2.21 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 2.06 Mn |
| Mar 31, 2025 | 2.35 Mn |
| Dec 31, 2024 | 2.62 Mn |
| Sep 30, 2024 | 2.60 Mn |
| Jun 30, 2024 | 2.75 Mn |
| Mar 31, 2024 | 2.86 Mn |
| Dec 31, 2023 | 3.20 Mn |
| Sep 30, 2023 | 2.85 Mn |
| Jun 30, 2023 | 2.50 Mn |
| Mar 31, 2023 | 2.72 Mn |
| Dec 31, 2022 | 3.11 Mn |
| Sep 30, 2022 | 3.58 Mn |
| Jun 30, 2022 | 3.87 Mn |
| Mar 31, 2022 | 4.12 Mn |
| Dec 31, 2021 | 4.82 Mn |
| Sep 30, 2021 | 7.26 Mn |
| Jun 30, 2021 | 7.26 Mn |
| Mar 31, 2021 | 7.26 Mn |
| Dec 31, 2020 | 4.10 Mn |
| Sep 30, 2020 | 7.00 Mn |