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

Bakkt has reported Operating Expenses for 7 years, with the latest figure at $189.8 million in Q2 2026.

• On a quarterly basis, Operating Expenses fell 67.52% year-over-year to $189.8 million in Q2 2026; TTM through Jun 2026 was $1.3 billion, a 66.66% decrease from a year earlier, with the FY2025 full-year figure at $2.5 billion, down 29.53% from the prior year.
• Operating Expenses was $189.8 million for Q2 2026 at Bakkt, down from $260.5 million in the prior quarter.
• The five-year high for Operating Expenses was $1.8 billion in Q4 2024, with the low at $57.6 million in Q2 2022.
• Average Operating Expenses over 5 years is $524.8 million, with a median of $369.0 million recorded in 2022.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 4022.95% in 2022, then tumbled 83.98% in 2023.
• Over 5 years, Operating Expenses stood at $347.9 million in 2022, then slumped by 51.65% to $168.2 million in 2023, then surged by 967.83% to $1.8 billion in 2024, then plunged by 78.28% to $390.2 million in 2025, then tumbled by 51.37% to $189.8 million in 2026.
• The last three Operating Expenses figures came in at $189.8 million (Q2 2026), $260.5 million (Q1 2026), and $390.2 million (Q4 2025), per Business Quant data.