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
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%