Bakkt (BKKT) EBT (2020 - 2026)
Bakkt (BKKT) posted quarterly EBT of -$11.4 million for Q1 2026, down 158.74% year-over-year from $19.4 million in Q1 2025, and up 83.32% on a QoQ basis from -$68.4 million in Q4 2025.
Bakkt (BKKT) EBT (2020 - 2026) Analysis & Trends
Bakkt (BKKT) has reported EBT for 7 consecutive years, with -$11.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT fell 158.74% year-over-year to -$11.4 million; the TTM figure through Mar 2026 stood at -$131.5 million (down 120.57% YoY), while the FY2025 annual figure was -$97.4 million, down 3.27% from the prior year.
- EBT came in at -$11.4 million for Q1 2026 at Bakkt, up from -$68.4 million in the prior quarter.
- The five-year high for EBT was $19.4 million in Q1 2025, with the low at -$1.6 billion in Q3 2022.
- Average EBT over 5 years is -$139.2 million, with a median of -$35.4 million recorded in 2024.
- Across the five-year window, EBT slumped 5425.07% in 2022 and soared 192.04% in 2025, its largest moves.
- Year by year, EBT stood at -$328.9 million in 2022, then soared by 98.0% to -$6.6 million in 2023, then slumped by 504.09% to -$39.7 million in 2024, then slumped by 72.15% to -$68.4 million in 2025, then soared by 83.32% to -$11.4 million in 2026.
- According to Business Quant data, EBT over the past three periods registered -$11.4 million, -$68.4 million, and -$21.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 39.34 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 5.37 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 888.60 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 549.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 57.84 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 656.60 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -21.40 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 79.05 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | -392.60 Mn |
| 10 | Bakkt | 239.24 Mn | 156.68 Mn | -208.47 Mn | -11.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -11.42 Mn |
| Dec 31, 2025 | -68.43 Mn |
| Sep 30, 2025 | -21.58 Mn |
| Jun 30, 2025 | -30.09 Mn |
| Mar 31, 2025 | 19.44 Mn |
| Dec 31, 2024 | -39.75 Mn |
| Sep 30, 2024 | -3.88 Mn |
| Jun 30, 2024 | -35.44 Mn |
| Mar 31, 2024 | -21.12 Mn |
| Dec 31, 2023 | -6.58 Mn |
| Sep 30, 2023 | -51.52 Mn |
| Jun 30, 2023 | -50.36 Mn |
| Mar 31, 2023 | -44.84 Mn |
| Dec 31, 2022 | -328.90 Mn |
| Sep 30, 2022 | -1.59 Bn |
| Jun 30, 2022 | -32.74 Mn |
| Mar 31, 2022 | -46.46 Mn |
| Sep 30, 2021 | -28.84 Mn |
| Jun 30, 2021 | -31.73 Mn |
| Mar 31, 2021 | -28.80 Mn |