Bakkt (BKKT-WT) Tax Rate (2021 - 2026)
Bakkt (BKKT-WT) recorded quarterly Tax Rate of 0.11% in Q1 2026, down 147.95% quarter-over-quarter from 0.22% in Q4 2025, and down 36.0% on a YoY basis from 0.16% in Q1 2025.
Bakkt (BKKT-WT) Tax Rate (2021 - 2026) Analysis & Trends
Bakkt's Tax Rate history runs 6 years deep, the most recent figure standing at 0.11% for 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 was 0.11% for Q1 2026 at Bakkt, down from 0.22% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 15.58% in Q2 2022 to a low of 0.74% in Q1 2024.
- Historically, Tax Rate has averaged 1.49% across 5 years, with a median of 0.04% in 2022.
- The sharpest annual moves came in 2022 and 2023: Tax Rate soared 1608 bps in 2022, then tumbled 1588 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 0.75% in 2022, then decreased by 7 bps to 0.7% in 2023, then sank by 97 bps to 0.02% in 2024, then surged by 868 bps to 0.22% in 2025, then tumbled by 148 bps to 0.11% in 2026.
- The last three Tax Rate figures came in at 0.11% (Q1 2026), 0.22% (Q4 2025), and 0.12% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 19.22% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 23.68% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 15.74% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 1.37% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 21.31% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | -6.22% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 18.58% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 18.14% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -7.01% |
| 10 | Bakkt | - | - | -208.47 Mn | -0.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |