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

Bakkt's Research & Development history runs 6 years deep, the most recent figure standing at $1.8 million for Q1 2026.

• In Q1 2026, Research & Development fell 8.64% year-over-year to $1.8 million; the TTM figure through Mar 2026 stood at $8.7 million (down 12.49% YoY), while the FY2025 annual figure was $7.3 million, down 22.89% from the prior year.
• Research & Development was $1.8 million for Q1 2026 at Bakkt, down from $1.8 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $5.9 million in Q1 2024 to a low of -$3.2 million in Q4 2023.
• Historically, Research & Development has averaged $3.2 million across 5 years, with a median of $3.7 million in 2024.
• The sharpest annual moves came in 2023 and 2024: Research & Development slumped 171.47% in 2023, then jumped 168.69% in 2024.
• A 5-year view of Research & Development shows it stood at $4.4 million in 2022, then tumbled by 171.47% to -$3.2 million in 2023, then jumped by 168.69% to $2.2 million in 2024, then declined by 17.24% to $1.8 million in 2025, then retreated by 0.5% to $1.8 million in 2026.
• The last three Research & Development figures came in at $1.8 million (Q1 2026), $1.8 million (Q4 2025), and $2.2 million (Q3 2025), per Business Quant data.