Bakkt, Inc. (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.

• On a quarterly basis, Research & Development fell 8.64% year-over-year to $1.8 million in Q1 2026; TTM through Mar 2026 was $8.7 million, a 12.49% decrease from a year earlier, with the FY2025 full-year figure at $7.3 million, down 22.89% from the prior year.
• Research & Development retreated to $1.8 million in Q1 2026 per BKKT-WT's latest filing, from $1.8 million in the prior quarter.
• Across five years, Research & Development topped out at $5.9 million in Q1 2024 and bottomed at -$3.2 million in Q4 2023.
• The 5-year median for Research & Development is $3.7 million (2024), against an average of $3.2 million.
• Across the five-year window, Research & Development slumped 171.47% in 2023 and soared 168.69% in 2024, its largest moves.
• Year by year, Research & Development stood at $4.4 million in 2022, then sank 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.
• Per Business Quant, the three latest BKKT-WT Research & Development figures stand at $1.8 million (Q1 2026), $1.8 million (Q4 2025), and $2.2 million (Q3 2025).