Bakkt (BKKT) Accumulated Expenses (2020 - 2026)
Bakkt (BKKT) posted Accumulated Expenses of $5.7 million for Q2 2026, down 67.2% from $17.38 million a year earlier and down 11.4% from the prior quarter.
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Analysis
Bakkt (BKKT) Accumulated Expenses (2020 - 2026) Analysis & Trends
At the end of FY2025, Bakkt's Accumulated Expenses came in at $5.99 million, up 80.6% from FY2024.
- Annual Accumulated Expenses shows a five-year compound annual growth rate of -16.6% (FY2020 to FY2025).
- In prior years, Bakkt's Accumulated Expenses was $3.32 million in FY2024 (-79.2%), $15.97 million in FY2023 (+2.8%), $15.54 million in FY2022 (-22.8%) and $20.13 million in FY2021 (+35.9%).
- Quarterly Accumulated Expenses has run from a low of $3.32 million in Q4 2024 to a high of $20.13 million in Q4 2021 over five years.
- On a year-over-year basis, Accumulated Expenses increased in two of the last eight quarters, with an average decline of 27.0%.
- The strongest year-over-year quarter for Accumulated Expenses in the past five years was Q4 2025, with growth of 80.6%; the weakest was Q4 2024, with a decline of 79.2%.
- According to Business Quant data, Accumulated Expenses for the three prior quarters was $6.44 million (Q1 2026), $5.99 million (Q4 2025) and $4.71 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | PayPal Holdings | 50.08 Bn | 8.30 Bn | - |
| 2 | Block | 46.71 Bn | 18.00 Bn | 3.17 Bn |
| 3 | Coinbase Global | 45.00 Bn | 1.80 Bn | - |
| 4 | Corpay | 26.84 Bn | 16.72 Bn | - |
| 5 | Fiserv | 25.68 Bn | 22.36 Bn | 2.90 Bn |
| 6 | Global Payments | 22.94 Bn | 732.47 Mn | 2.03 Bn |
| 7 | Guidewire Software | 15.52 Bn | 12.08 Bn | 269.68 Mn |
| 8 | Bitmine Immersion Technologies | 12.62 Bn | 10.00 Bn | 40.81 Mn |
| 9 | Chime Financial | 11.56 Bn | 7.35 Bn | 594.87 Mn |
| 10 | Bakkt | 226.71 Mn | 5.57 Mn | 2.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.70 Mn |
| Mar 31, 2026 | 6.44 Mn |
| Dec 31, 2025 | 5.99 Mn |
| Sep 30, 2025 | 4.71 Mn |
| Jun 30, 2025 | 17.38 Mn |
| Mar 31, 2025 | 16.19 Mn |
| Dec 31, 2024 | 3.32 Mn |
| Sep 30, 2024 | 14.92 Mn |
| Jun 30, 2024 | 15.70 Mn |
| Mar 31, 2024 | 17.96 Mn |
| Dec 31, 2023 | 15.97 Mn |
| Sep 30, 2023 | 19.12 Mn |
| Jun 30, 2023 | 17.77 Mn |
| Mar 31, 2023 | 13.86 Mn |
| Dec 31, 2022 | 15.54 Mn |
| Sep 30, 2022 | 16.95 Mn |
| Jun 30, 2022 | 18.02 Mn |
| Mar 31, 2022 | 19.92 Mn |
| Dec 31, 2021 | 20.13 Mn |
| Dec 31, 2020 | 14.81 Mn |
API Access
Bakkt Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=BKKT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "BKKT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=BKKT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();