Bakkt (BKKT-WT) Revenue (2021 - 2026)
Bakkt (BKKT-WT) posted quarterly Revenue of $31.5 million for Q1 2026, down 97.04% year-over-year from $1.1 billion in Q1 2025, and down 89.47% on a QoQ basis from $299.2 million in Q4 2025.
Bakkt (BKKT-WT) Revenue (2021 - 2026) Analysis & Trends
Bakkt (BKKT-WT) has reported Revenue for 6 consecutive years, with $31.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Revenue fell 97.04% year-over-year to $31.5 million; the TTM figure through Mar 2026 stood at $1.3 billion (down 75.27% YoY), while the FY2025 annual figure was $2.3 billion, down 32.14% from the prior year.
- Revenue came in at $31.5 million for Q1 2026 at Bakkt, down from $299.2 million in the prior quarter.
- The five-year high for Revenue was $3.4 billion in Q4 2024, with the low at $12.5 million in Q1 2022.
- Average Revenue over 5 years is $485.2 million, with a median of $299.2 million recorded in 2025.
- Across the five-year window, Revenue surged 6364.8% in 2024 and slumped 97.04% in 2026, its largest moves.
- Year by year, Revenue stood at $15.9 million in 2022, then surged by 914.37% to $161.4 million in 2023, then soared by 2012.44% to $3.4 billion in 2024, then plunged by 91.22% to $299.2 million in 2025, then plunged by 89.47% to $31.5 million in 2026.
- According to Business Quant data, Revenue over the past three periods registered $31.5 million, $299.2 million, and $402.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 82.89 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 19.18 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 1.63 Bn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 2.59 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 1.31 Bn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 1.85 Bn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 639.76 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 2.41 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 6.06 Bn |
| 10 | Bakkt | - | - | -208.47 Mn | 31.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 31.50 Mn |
| Dec 31, 2025 | 299.22 Mn |
| Sep 30, 2025 | 402.20 Mn |
| Jun 30, 2025 | 577.88 Mn |
| Mar 31, 2025 | 1.07 Bn |
| Dec 31, 2024 | 3.41 Bn |
| Sep 30, 2024 | 316.33 Mn |
| Jun 30, 2024 | 509.90 Mn |
| Mar 31, 2024 | 854.58 Mn |
| Dec 31, 2023 | 161.37 Mn |
| Sep 30, 2023 | 204.77 Mn |
| Jun 30, 2023 | 347.63 Mn |
| Mar 31, 2023 | 13.22 Mn |
| Dec 31, 2022 | 15.91 Mn |
| Sep 30, 2022 | 13.21 Mn |
| Jun 30, 2022 | 14.04 Mn |
| Mar 31, 2022 | 12.53 Mn |
| Sep 30, 2021 | 9.14 Mn |
| Jun 30, 2021 | 8.49 Mn |
| Mar 31, 2021 | 8.15 Mn |