Growth Metrics

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

Bakkt (BKKT) has 5 years of Cost of Revenue data on record, last reported at $1.5 billion in Q3 2025.

  • For Q3 2025, Cost of Revenue rose 186630.08% year-over-year to $1.5 billion; the TTM value through Sep 2025 reached $2.0 billion, up 439625.55%, while the annual FY2024 figure was $1.5 million, 4.77% down from the prior year.
  • Cost of Revenue reached $1.5 billion in Q3 2025 per BKKT's latest filing, up from $561.1 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $1.5 billion in Q3 2025 and bottomed at -$330.9 million in Q3 2023.
  • Average Cost of Revenue over 5 years is $105.4 million, with a median of $431000.0 recorded in 2021.
  • Peak YoY movement for Cost of Revenue: tumbled 68055.24% in 2023, then surged 186630.08% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $269000.0 in 2021, then grew by 13.38% to $305000.0 in 2022, then rose by 18.36% to $361000.0 in 2023, then skyrocketed by 293.07% to $1.4 million in 2024, then surged by 102169.49% to $1.5 billion in 2025.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were $1.5 billion in Q3 2025, $561.1 million in Q2 2025, and $246000.0 in Q1 2025.