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
DateValue
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