Bakkt BKKT
NYSE BKKT
$8.59 +1.12 (+14.99%)
At close: Sep 18, 2026 · 4:00 PM EDT

Bakkt (BKKT) Cash from Operations (2020 - 2026)

Bakkt (BKKT) posted Cash from Operations of -$14.8 million for Q2 2026, down 22.53% on a QoQ basis from -$12.1 million in Q1 2026, and down 376.85% year-over-year from $5.4 million in Q2 2025.

Analysis

Bakkt (BKKT) Cash from Operations (2020 - 2026) Analysis & Trends

Bakkt has reported Cash from Operations for 7 years, with the latest figure at -$14.8 million in Q2 2026.

  • On a quarterly basis, Cash from Operations fell 376.85% year-over-year to -$14.8 million in Q2 2026; TTM through Jun 2026 was -$84.4 million, a 5.82% increase from a year earlier, with the FY2025 full-year figure at -$153.4 million, down 623.48% from the prior year.
  • Cash from Operations was -$14.8 million for Q2 2026 at Bakkt, down from -$12.1 million in the prior quarter.
  • The five-year high for Cash from Operations was $38.4 million in Q1 2024, with the low at -$101.3 million in Q1 2025.
  • Average Cash from Operations over 5 years is -$21.1 million, with a median of -$24.4 million recorded in 2022.
  • The sharpest annual moves came in 2022 and 2024: Cash from Operations plunged 3304.11% in 2022, then surged 561.39% in 2024.
  • Over 5 years, Cash from Operations stood at -$23.7 million in 2022, then soared by 71.27% to -$6.8 million in 2023, then soared by 561.39% to $31.4 million in 2024, then tumbled by 134.43% to -$10.8 million in 2025, then sank by 37.03% to -$14.8 million in 2026.
  • The last three Cash from Operations figures came in at -$14.8 million (Q2 2026), -$12.1 million (Q1 2026), and -$10.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Operations (Qtr)
1 Coinbase Global 51.24 Bn 42.45 Bn 1.16 Bn 197.31 Mn
2 Bullish 5.78 Bn 5.72 Bn 15.53 Mn 16.89 Mn
3 Cypherpunk Technologies 663.58 Mn 663.58 Mn - -
4 Canton Strategic Holdings 498.79 Mn 498.79 Mn - -2.24 Mn
5 Bakkt 387.06 Mn 336.37 Mn 2.21 Mn -14.82 Mn
6 Coincheck 264.39 Mn 162.79 Mn 11.20 Mn -7.00 Mn
7 Wewards 214.97 Mn 214.97 Mn - -14,752.00
8 Exodus Movement 205.10 Mn -149.98 Mn - -49.52 Mn
9 Usbc 197.95 Mn 194.29 Mn - -15.23 Mn
10 TON Strategy 191.64 Mn 191.61 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -14.82 Mn
Mar 31, 2026 -12.09 Mn
Dec 31, 2025 -10.81 Mn
Sep 30, 2025 -46.66 Mn
Jun 30, 2025 5.35 Mn
Mar 31, 2025 -101.28 Mn
Dec 31, 2024 31.40 Mn
Sep 30, 2024 -25.07 Mn
Jun 30, 2024 -65.89 Mn
Mar 31, 2024 38.35 Mn
Dec 31, 2023 -6.81 Mn
Sep 30, 2023 24.60 Mn
Jun 30, 2023 -31.25 Mn
Mar 31, 2023 -47.24 Mn
Dec 31, 2022 -23.69 Mn
Sep 30, 2022 -33.48 Mn
Jun 30, 2022 -27.27 Mn
Mar 31, 2022 -33.16 Mn
Mar 31, 2021 -974,000.00
Dec 31, 2020 -341,800.00