Bakkt (BKKT-WT) Profit After Tax (2020 - 2026)
Bakkt (BKKT-WT) posted quarterly Profit After Tax of -$11.6 million for Q1 2026, down 171.74% year-over-year from $16.2 million in Q1 2025, and up 85.09% on a QoQ basis from -$78.2 million in Q4 2025.
Bakkt (BKKT-WT) Profit After Tax (2020 - 2026) Analysis & Trends
Bakkt (BKKT-WT) has reported Profit After Tax for 7 consecutive years, with -$11.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Profit After Tax fell 171.74% year-over-year to -$11.6 million; the TTM figure through Mar 2026 stood at -$141.5 million (down 235.21% YoY), while the FY2025 annual figure was -$107.2 million, down 129.78% from the prior year.
- Profit After Tax came in at -$11.6 million for Q1 2026 at Bakkt, up from -$78.2 million in the prior quarter.
- The five-year high for Profit After Tax was $16.2 million in Q1 2025, with the low at -$1.6 billion in Q3 2022.
- Average Profit After Tax over 5 years is -$207.8 million, with a median of -$30.2 million recorded in 2025.
- Across the five-year window, Profit After Tax plunged 5420.67% in 2022 and soared 176.33% in 2025, its largest moves.
- Year by year, Profit After Tax stood at -$1.5 billion in 2022, then jumped by 99.57% to -$6.5 million in 2023, then slumped by 193.53% to -$19.2 million in 2024, then tumbled by 307.5% to -$78.2 million in 2025, then surged by 85.09% to -$11.6 million in 2026.
- According to Business Quant data, Profit After Tax over the past three periods registered -$11.6 million, -$78.2 million, and -$21.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 31.78 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 4.30 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 870.53 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 432.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 60.12 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 534.50 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -22.93 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 64.72 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | -308.68 Mn |
| 10 | Bakkt | - | - | -208.47 Mn | -11.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -11.65 Mn |
| Dec 31, 2025 | -78.15 Mn |
| Sep 30, 2025 | -21.55 Mn |
| Jun 30, 2025 | -30.15 Mn |
| Mar 31, 2025 | 16.24 Mn |
| Dec 31, 2024 | -19.18 Mn |
| Sep 30, 2024 | -3.76 Mn |
| Jun 30, 2024 | -35.51 Mn |
| Mar 31, 2024 | -21.28 Mn |
| Dec 31, 2023 | -6.53 Mn |
| Sep 30, 2023 | -51.75 Mn |
| Jun 30, 2023 | -50.51 Mn |
| Mar 31, 2023 | -44.86 Mn |
| Dec 31, 2022 | -1.51 Bn |
| Sep 30, 2022 | -1.59 Bn |
| Jun 30, 2022 | -27.64 Mn |
| Mar 31, 2022 | -43.32 Mn |
| Sep 30, 2021 | -28.85 Mn |
| Jun 30, 2021 | -31.89 Mn |
| Mar 31, 2021 | -28.82 Mn |