Bakkt, Inc. (BKKT) FCF Margin (2021 - 2026)

Bakkt has reported FCF Margin for 6 years, with the latest figure at 8.71% in Q2 2026.

• On a quarterly basis, FCF Margin fell 966.0% year-over-year to 8.71% in Q2 2026; TTM through Jun 2026 was 7.57%, a 514.0% decrease from a year earlier, with the FY2025 full-year figure at 6.62%, down 591.0% from the prior year.
• FCF Margin was 8.71% for Q2 2026 at Bakkt, down from 4.96% in the prior quarter.
• The five-year high for FCF Margin was 11.1% in Q3 2023, with the low at 385.51% in Q1 2023.
• Average FCF Margin over 5 years is 84.42%, with a median of 9.07% recorded in 2026.
• The sharpest annual moves came in 2022 and 2024: FCF Margin sank 22775 bps in 2022, then soared 38979 bps in 2024.
• Over 5 years, FCF Margin stood at 199.28% in 2022, then jumped by 97 bps to 5.16% in 2023, then jumped by 134 bps to 1.78% in 2024, then slumped by 303 bps to 3.61% in 2025, then tumbled by 141 bps to 8.71% in 2026.
• The last three FCF Margin figures came in at 8.71% (Q2 2026), 4.96% (Q1 2026), and 3.61% (Q4 2025), per Business Quant data.