Bakkt BKKT-WT
NYSE BKKT-WT
$0.02 +0.00 (+15.08%)
As of: Sep 8, 2026 · 2:29 PM EDT

Bakkt (BKKT-WT) Research & Development (2021 - 2026)

Bakkt (BKKT-WT) posted Research & Development of $1.7 million for Q2 2026, down 4.87% on a QoQ basis from $1.8 million in Q1 2026, and up 26.39% year-over-year from $1.3 million in Q2 2025.

Analysis

Bakkt (BKKT-WT) Research & Development (2021 - 2026) Analysis & Trends

Bakkt has reported Research & Development for 6 years, with the latest figure at $1.7 million in Q2 2026.

  • On a quarterly basis, Research & Development rose 26.39% year-over-year to $1.7 million in Q2 2026; TTM through Jun 2026 was $7.5 million, a 1.78% decrease from a year earlier, with the FY2025 full-year figure at $7.3 million, down 22.89% from the prior year.
  • Research & Development was $1.7 million for Q2 2026 at Bakkt, down from $1.8 million in the prior quarter.
  • The five-year high for Research & Development was $5.9 million in Q1 2024, with the low at -$3.2 million in Q4 2023.
  • Average Research & Development over 5 years is $3.0 million, with a median of $2.9 million recorded in 2024.
  • The sharpest annual moves came in 2023 and 2024: Research & Development sank 171.47% in 2023, then surged 168.69% in 2024.
  • Over 5 years, Research & Development stood at $4.4 million in 2022, then slumped by 171.47% to -$3.2 million in 2023, then surged by 168.69% to $2.2 million in 2024, then fell by 17.24% to $1.8 million in 2025, then decreased by 5.35% to $1.7 million in 2026.
  • The last three Research & Development figures came in at $1.7 million (Q2 2026), $1.8 million (Q1 2026), and $1.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Coinbase Global 47.42 Bn 38.63 Bn 1.16 Bn 472.85 Mn
2 Bullish 4.48 Bn 4.38 Bn 15.53 Mn -
3 Cypherpunk Technologies 515.88 Mn 515.88 Mn - 197,000.00
4 Canton Strategic Holdings 491.20 Mn 491.20 Mn - -
5 Coincheck 271.17 Mn 169.57 Mn 11.20 Mn -
6 Wewards 214.97 Mn 214.97 Mn - -
7 Usbc 198.46 Mn 194.80 Mn - 276,000.00
8 TON Strategy 190.63 Mn 190.61 Mn - -
9 Universal Token 174.68 Mn 174.68 Mn - -
10 Bakkt 663,025.70 -50.03 Mn 2.21 Mn 1.70 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.70 Mn
Mar 31, 2026 1.79 Mn
Dec 31, 2025 1.80 Mn
Sep 30, 2025 2.21 Mn
Jun 30, 2025 1.35 Mn
Mar 31, 2025 1.96 Mn
Dec 31, 2024 2.17 Mn
Sep 30, 2024 2.16 Mn
Jun 30, 2024 3.65 Mn
Mar 31, 2024 5.92 Mn
Dec 31, 2023 -3.16 Mn
Sep 30, 2023 5.54 Mn
Jun 30, 2023 4.39 Mn
Mar 31, 2023 5.72 Mn
Dec 31, 2022 4.42 Mn
Sep 30, 2022 4.14 Mn
Jun 30, 2022 4.16 Mn
Mar 31, 2022 4.36 Mn
Sep 30, 2021 3.15 Mn
Jun 30, 2021 3.92 Mn