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Bakkt Holdings (BKKT) Cost of Revenue: 2021-2025

Historic Cost of Revenue for Bakkt Holdings (BKKT) over the last 5 years, with Sep 2025 value amounting to $396.8 million.

  • Bakkt Holdings' Cost of Revenue rose 26.84% to $396.8 million in Q3 2025 from the same period last year, while for Sep 2025 it was $3.8 billion, marking a year-over-year increase of 106.13%. This contributed to the annual value of $3.4 billion for FY2024, which is 373.65% up from last year.
  • According to the latest figures from Q3 2025, Bakkt Holdings' Cost of Revenue is $396.8 million, which was down 29.28% from $561.1 million recorded in Q2 2025.
  • In the past 5 years, Bakkt Holdings' Cost of Revenue ranged from a high of $1.8 billion in Q4 2024 and a low of $269,000 during Q2 2021.
  • Its 3-year average for Cost of Revenue is $557.7 million, with a median of $396.8 million in 2025.
  • Per our database at Business Quant, Bakkt Holdings' Cost of Revenue decreased by 8.65% in 2023 and then soared by 125,008.57% in 2024.
  • Quarterly analysis of 5 years shows Bakkt Holdings' Cost of Revenue stood at $341,000 in 2021, then skyrocketed by 42.82% to $637,000 in 2022, then spiked by 30,812.09% to $196.9 million in 2023, then surged by 797.21% to $1.8 billion in 2024, then grew by 26.84% to $396.8 million in 2025.
  • Its last three reported values are $396.8 million in Q3 2025, $561.1 million for Q2 2025, and $1.1 billion during Q1 2025.