Bakkt (BKKT-WT) Tax Rate (2021 - 2026)

Bakkt (BKKT-WT) posted quarterly Tax Rate of 0.11% for Q1 2026, down 36.0% year-over-year from 0.16% in Q1 2025, and down 147.95% on a QoQ basis from 0.22% in Q4 2025.

Bakkt (BKKT-WT) Tax Rate (2021 - 2026) Analysis & Trends

Bakkt (BKKT-WT) has reported Tax Rate for 6 consecutive years, with 0.11% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Tax Rate fell 36.0% year-over-year to 0.11%; the TTM figure through Mar 2026 stood at 0.08% (up 8.0% YoY), while the FY2025 annual figure was 0.05%, up 17.0% from the prior year.
  • Tax Rate came in at 0.11% for Q1 2026 at Bakkt, down from 0.22% in the prior quarter.
  • The five-year high for Tax Rate was 15.58% in Q2 2022, with the low at 0.74% in Q1 2024.
  • Average Tax Rate over 5 years is 1.49%, with a median of 0.04% recorded in 2022.
  • Across the five-year window, Tax Rate soared 1608 bps in 2022 and plunged 1588 bps in 2023, its largest moves.
  • Year by year, Tax Rate stood at 0.75% in 2022, then declined by 7 bps to 0.7% in 2023, then slumped by 97 bps to 0.02% in 2024, then surged by 868 bps to 0.22% in 2025, then plunged by 148 bps to 0.11% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 0.11%, 0.22%, and 0.12% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 19.22%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 19.84%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 1.37%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 21.31%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn -6.22%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 18.58%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -7.01%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 18.14%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 21.40%
10 Bakkt - - -208.47 Mn -0.11%

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.11%
Mar 31, 2026 -0.11%
Dec 31, 2025 0.22%
Dec 31, 2025 0.22%
Sep 30, 2025 0.12%
Sep 30, 2025 0.12%
Jun 30, 2025 -0.20%
Jun 30, 2025 -0.20%
Mar 31, 2025 0.25%
Mar 31, 2025 0.25%
Dec 31, 2024 0.02%
Dec 31, 2024 0.02%
Sep 30, 2024 2.92%
Sep 30, 2024 2.92%
Jun 30, 2024 -0.21%
Jun 30, 2024 -0.21%
Mar 31, 2024 -0.74%
Mar 31, 2024 -0.74%
Dec 31, 2023 0.70%
Dec 31, 2023 0.70%