Bakkt (BKKT-WT) Payables (2020 - 2026)
Bakkt (BKKT-WT) posted Payables of $9.8 million for Q2 2026, down 22.79% on a QoQ basis from $12.8 million in Q1 2026, and down 76.93% year-over-year from $42.7 million in Q2 2025.
Analysis
Bakkt (BKKT-WT) Payables (2020 - 2026) Analysis & Trends
Bakkt has reported Payables for 7 years, with the latest figure at $9.8 million in Q2 2026.
- On a quarterly basis, Payables fell 76.93% year-over-year to $9.8 million in Q2 2026; TTM through Jun 2026 was $9.8 million, a 76.93% decrease from a year earlier, with the FY2025 full-year figure at $14.9 million, up 4.32% from the prior year.
- Payables was $9.8 million for Q2 2026 at Bakkt, down from $12.8 million in the prior quarter.
- The five-year high for Payables was $68.0 million in Q4 2022, with the low at $9.8 million in Q2 2026.
- Average Payables over 5 years is $42.0 million, with a median of $45.9 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Payables soared 1977.66% in 2022, then slumped 76.93% in 2026.
- Over 5 years, Payables stood at $68.0 million in 2022, then slipped by 18.51% to $55.4 million in 2023, then sank by 74.25% to $14.3 million in 2024, then rose by 4.32% to $14.9 million in 2025, then tumbled by 33.81% to $9.8 million in 2026.
- The last three Payables figures came in at $9.8 million (Q2 2026), $12.8 million (Q1 2026), and $14.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 47.21 Bn | 38.42 Bn | 1.16 Bn | 539.20 Mn |
| 2 | Bullish | 4.54 Bn | 4.44 Bn | 15.53 Mn | - |
| 3 | Canton Strategic Holdings | 483.83 Mn | 483.83 Mn | - | 916,244.00 |
| 4 | Cypherpunk Technologies | 477.41 Mn | 477.41 Mn | - | 588,000.00 |
| 5 | Coincheck | 271.17 Mn | 169.57 Mn | 11.20 Mn | 200.80 Mn |
| 6 | Wewards | 214.97 Mn | 214.97 Mn | - | 200.00 |
| 7 | Usbc | 194.69 Mn | 191.03 Mn | - | 3.22 Mn |
| 8 | TON Strategy | 188.89 Mn | 188.86 Mn | - | - |
| 9 | Universal Token | 174.68 Mn | 174.68 Mn | - | 7,693.00 |
| 10 | Bakkt | 663,025.70 | -50.03 Mn | 2.21 Mn | 9.85 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.85 Mn |
| Mar 31, 2026 | 12.75 Mn |
| Dec 31, 2025 | 14.88 Mn |
| Sep 30, 2025 | 18.01 Mn |
| Jun 30, 2025 | 42.68 Mn |
| Mar 31, 2025 | 37.53 Mn |
| Dec 31, 2024 | 14.26 Mn |
| Sep 30, 2024 | 41.84 Mn |
| Jun 30, 2024 | 39.28 Mn |
| Mar 31, 2024 | 62.72 Mn |
| Dec 31, 2023 | 55.38 Mn |
| Sep 30, 2023 | 49.19 Mn |
| Jun 30, 2023 | 52.37 Mn |
| Mar 31, 2023 | 49.53 Mn |
| Dec 31, 2022 | 67.96 Mn |
| Sep 30, 2022 | 57.09 Mn |
| Jun 30, 2022 | 66.21 Mn |
| Mar 31, 2022 | 64.69 Mn |
| Dec 31, 2021 | 64.71 Mn |
| Sep 30, 2021 | 6.14 Mn |