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Bakkt (BKKT) EBIAT (2020 - 2025)

Bakkt has reported EBIAT over the past 6 years, most recently at -$68.6 million for Q4 2025.

  • Quarterly results put EBIAT at -$68.6 million for Q4 2025, down 265.55% from a year ago — trailing twelve months through Dec 2025 was -$104.1 million (down 27.15% YoY), and the annual figure for FY2025 was -$97.7 million, down 129.34%.
  • EBIAT for Q4 2025 was -$68.6 million at Bakkt, down from -$21.6 million in the prior quarter.
  • Over the last five years, EBIAT for BKKT hit a ceiling of $16.2 million in Q1 2025 and a floor of -$468.1 million in Q3 2022.
  • Median EBIAT over the past 5 years was -$31.9 million (2021), compared with a mean of -$77.1 million.
  • Biggest five-year swings in EBIAT: tumbled 1522.81% in 2022 and later surged 176.33% in 2025.
  • Bakkt's EBIAT stood at -$28.8 million in 2021, then tumbled by 1031.57% to -$326.4 million in 2022, then surged by 45.57% to -$177.7 million in 2023, then skyrocketed by 89.44% to -$18.8 million in 2024, then crashed by 265.55% to -$68.6 million in 2025.
  • The last three reported values for EBIAT were -$68.6 million (Q4 2025), -$21.6 million (Q3 2025), and -$30.2 million (Q2 2025) per Business Quant data.