Bakkt (BKKT-WT) Revenue (2021 - 2026)
Bakkt (BKKT-WT) recorded quarterly Revenue of $31.5 million in Q1 2026, down 89.47% quarter-over-quarter from $299.2 million in Q4 2025, and down 97.04% on a YoY basis from $1.1 billion in Q1 2025.
Bakkt (BKKT-WT) Revenue (2021 - 2026) Analysis & Trends
Bakkt's Revenue history runs 6 years deep, the most recent figure standing at $31.5 million for 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 was $31.5 million for Q1 2026 at Bakkt, down from $299.2 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $3.4 billion in Q4 2024 to a low of $12.5 million in Q1 2022.
- Historically, Revenue has averaged $485.2 million across 5 years, with a median of $299.2 million in 2025.
- The sharpest annual moves came in 2024 and 2026: Revenue surged 6364.8% in 2024, then sank 97.04% in 2026.
- A 5-year view of Revenue shows it 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 tumbled by 91.22% to $299.2 million in 2025, then tumbled by 89.47% to $31.5 million in 2026.
- The last three Revenue figures came in at $31.5 million (Q1 2026), $299.2 million (Q4 2025), and $402.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 82.89 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 11.71 Mn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 17.19 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 1.63 Bn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 2.59 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 1.31 Bn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 1.85 Bn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 2.41 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 639.76 Mn |
| 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 |