Growth Metrics

Bakkt (BKKT-WT) Operating Expenses (2020 - 2026)

Bakkt has reported Operating Expenses over the past 7 years, most recently at $260.5 million for Q1 2026.

  • For Q1 2026, Operating Expenses fell 75.9% year-over-year to $260.5 million; the TTM value through Mar 2026 reached $1.7 billion, down 55.35%, while the annual FY2025 figure was $2.5 billion, 29.53% down from the prior year.
  • Operating Expenses for Q1 2026 was $260.5 million at Bakkt, down from $390.2 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $1.8 billion in Q4 2024 and troughed at $57.6 million in Q2 2022.
  • A 5-year average of $545.3 million and a median of $390.2 million in 2025 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: skyrocketed 4022.95% in 2022 and later crashed 83.98% in 2023.
  • Year by year, Operating Expenses stood at $347.9 million in 2022, then plummeted by 51.65% to $168.2 million in 2023, then soared by 967.83% to $1.8 billion in 2024, then tumbled by 78.28% to $390.2 million in 2025, then plummeted by 33.23% to $260.5 million in 2026.
  • Business Quant data shows Operating Expenses for BKKT-WT at $260.5 million in Q1 2026, $390.2 million in Q4 2025, and $427.5 million in Q3 2025.