Bakkt (BKKT) Capital Expenditures (2021 - 2025)
Bakkt (BKKT) posted quarterly Capital Expenditures of $149000.0 for Q2 2025, up 293.51% year-over-year from $37864.7 in Q2 2024, and down 95.17% on a QoQ basis from $3.1 million in Q4 2024.
Bakkt (BKKT) Capital Expenditures (2021 - 2025) Analysis & Trends
Bakkt (BKKT) has reported Capital Expenditures for 5 consecutive years, with $149000.0 the latest figure, recorded in Q2 2025.
- In Q2 2025, Capital Expenditures rose 293.51% year-over-year to $149000.0; the TTM figure through Jun 2025 stood at $2.9 million (down 68.9% YoY), while the FY2025 annual figure was $1.2 million, down 62.2% from the prior year.
- Capital Expenditures came in at $149000.0 for Q2 2025 at Bakkt, down from $3.1 million in the prior quarter.
- The five-year high for Capital Expenditures was $27.8 million in Q4 2022, with the low at -$12.0 million in Q3 2022.
- Average Capital Expenditures over 5 years is $3.2 million, with a median of $1.1 million recorded in 2021.
- Across the five-year window, Capital Expenditures plunged 410.81% in 2024 and jumped 293.51% in 2025, its largest moves.
- Year by year, Capital Expenditures stood at $1.8 million in 2021, then soared by 1435.19% to $27.8 million in 2022, then plunged by 68.02% to $8.9 million in 2023, then slumped by 65.26% to $3.1 million in 2024, then plunged by 95.17% to $149000.0 in 2025.
- According to Business Quant data, Capital Expenditures over the past three periods registered $149000.0, $3.1 million, and -$378000.0 for Q2 2025, Q4 2024, and Q3 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 30.88 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 773.00 Mn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 7.40 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 170.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 102.47 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 56.00 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 65.23 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 35.32 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 30.57 Mn |
| 10 | Bakkt | 239.24 Mn | 156.68 Mn | -208.47 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 149,000.00 |
| Jun 30, 2025 | 149,000.00 |
| Dec 31, 2024 | 3.09 Mn |
| Dec 31, 2024 | 3.09 Mn |
| Sep 30, 2024 | -378,000.00 |
| Sep 30, 2024 | -378,000.00 |
| Jun 30, 2024 | -77,000.00 |
| Jun 30, 2024 | -77,000.00 |
| Mar 31, 2024 | 455,000.00 |
| Mar 31, 2024 | 455,000.00 |
| Dec 31, 2023 | 8.89 Mn |
| Dec 31, 2023 | 8.89 Mn |
| Sep 30, 2023 | -74,000.00 |
| Sep 30, 2023 | -74,000.00 |
| Jun 30, 2023 | -3.10 Mn |
| Jun 30, 2023 | -3.10 Mn |
| Mar 31, 2023 | 3.72 Mn |
| Mar 31, 2023 | 3.72 Mn |
| Dec 31, 2022 | 27.79 Mn |
| Dec 31, 2022 | 27.79 Mn |