Bakkt (BKKT) EBT Margin (2021 - 2026)
Bakkt's EBT Margin was 47.68% in Q2 2026, up 52.32 percentage points from -4.64% a year earlier and up 52.37 percentage points from the prior quarter.
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Analysis
Bakkt (BKKT) EBT Margin (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Bakkt's EBT Margin was -1.82% through Jun 30, 2026, down 0.45 percentage points year-over-year; for FY2025, it was -4.17%, down 1.43 percentage points from FY2024.
- EBT Margin shows a five-year change of +273.82 percentage points (FY2020 to FY2025).
- In earlier years, EBT Margin was -2.74% in FY2024 (+18.35 pp), -21.09% in FY2023 (+3538.34 pp), -3559.43% in FY2022 (-2226.13 pp) and -1333.30% in FY2021 (-1055.31 pp).
- The Q2 2026 figure marks the highest quarterly EBT Margin in data going back to Q1 2022.
- Compared with a year earlier, EBT Margin was higher in five of the last eight quarters, with an average year-over-year change of +6.68 percentage points.
- The best year-over-year quarter for EBT Margin over five years was Q3 2023 (a gain of 12032.32 percentage points); the worst was Q4 2025 (a drop of 20.60 percentage points).
- Per Business Quant data, BKKT's EBT Margin in the three quarters before Q2 2026 was -4.69% (Q1 2026), -22.87% (Q4 2025) and -5.37% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.08 Bn | 8.30 Bn | - | 15.09% |
| 2 | Block | 46.71 Bn | 18.00 Bn | 3.17 Bn | 4.56% |
| 3 | Coinbase Global | 45.00 Bn | 1.80 Bn | - | -32.41% |
| 4 | Corpay | 26.84 Bn | 16.72 Bn | - | 25.75% |
| 5 | Fiserv | 25.68 Bn | 22.36 Bn | 2.90 Bn | 14.64% |
| 6 | Global Payments | 22.94 Bn | 732.47 Mn | 2.03 Bn | 3.14% |
| 7 | Guidewire Software | 15.52 Bn | 12.08 Bn | 269.68 Mn | 11.02% |
| 8 | Bitmine Immersion Technologies | 12.62 Bn | 10.00 Bn | 40.81 Mn | -179.64% |
| 9 | Chime Financial | 11.56 Bn | 7.35 Bn | 594.87 Mn | 4.19% |
| 10 | Bakkt | 226.71 Mn | 5.57 Mn | 2.21 Mn | 47.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.68% |
| Mar 31, 2026 | -4.69% |
| Dec 31, 2025 | -22.87% |
| Sep 30, 2025 | -5.37% |
| Jun 30, 2025 | -4.64% |
| Mar 31, 2025 | 1.81% |
| Dec 31, 2024 | -2.27% |
| Sep 30, 2024 | -1.18% |
| Jun 30, 2024 | -6.95% |
| Mar 31, 2024 | -2.47% |
| Dec 31, 2023 | -4.08% |
| Sep 30, 2023 | -25.16% |
| Jun 30, 2023 | -14.49% |
| Mar 31, 2023 | -339.22% |
| Sep 30, 2022 | -12,057.47% |
| Jun 30, 2022 | -233.28% |
| Mar 31, 2022 | -370.72% |
| Dec 31, 2021 | -1,333.30% |
| Sep 30, 2021 | -315.41% |
| Jun 30, 2021 | -373.91% |
API Access
Bakkt EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=BKKT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "BKKT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=BKKT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();