Bakkt (BKKT) Free Cash Flow (2020 - 2026)
Bakkt (BKKT) posted quarterly Free Cash Flow of -$12.1 million for Q1 2026, up 88.08% year-over-year from -$6.4 million in Q1 2025, and down 11.84% quarter-over-quarter from -$10.8 million in Q4 2025.
Bakkt (BKKT) Free Cash Flow (2020 - 2026) Analysis & Trends
Bakkt's Free Cash Flow history runs 7 years deep, the most recent figure standing at -$12.1 million for Q1 2026.
- In Q1 2026, Free Cash Flow rose 88.08% year-over-year to -$12.1 million; the TTM figure through Mar 2026 stood at -$64.2 million (up 60.42% YoY), while the FY2025 annual figure was -$154.6 million, down 536.34% from the prior year.
- Free Cash Flow for Q1 2026 stood at -$12.1 million, down from -$10.8 million in the prior quarter.
- The five-year high for Free Cash Flow was $36.6 million in Q1 2024, with the low at -$101.4 million in Q1 2025.
- The 5-year median for Free Cash Flow is -$30.3 million (2023), against an average of -$23.5 million.
- The sharpest annual moves came in 2022 and 2024: Free Cash Flow tumbled 1159.52% in 2022, then jumped 520.35% in 2024.
- Bakkt's Free Cash Flow stood at -$31.7 million in 2022, then soared by 78.75% to -$6.7 million in 2023, then surged by 520.35% to $28.3 million in 2024, then slumped by 138.19% to -$10.8 million in 2025, then slipped by 11.84% to -$12.1 million in 2026.
- Business Quant data shows BKKT's Free Cash Flow at -$12.1 million in Q1 2026, -$10.8 million in Q4 2025, and -$46.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,591.10 Bn | 3,458.35 Bn | 60.48 Bn | 19.64 Bn |
| 2 | Palantir Technologies | 432.53 Bn | 423.12 Bn | 1.64 Bn | 1.20 Bn |
| 3 | Oracle | 420.19 Bn | 388.30 Bn | - | -1.87 Bn |
| 4 | Palo Alto Networks | 287.08 Bn | 283.97 Bn | 2.03 Bn | 788.00 Mn |
| 5 | CrowdStrike Holdings | 194.99 Bn | 190.44 Bn | 1.04 Bn | 493.31 Mn |
| 6 | Fortinet | 112.63 Bn | 108.56 Bn | 1.64 Bn | 965.60 Mn |
| 7 | Cloudflare | 103.81 Bn | 99.64 Bn | 499.52 Mn | 67.60 Mn |
| 8 | Synopsys | 75.38 Bn | 73.11 Bn | 1.77 Bn | 775.42 Mn |
| 9 | Block | 49.09 Bn | 42.66 Bn | 3.17 Bn | -7.56 Bn |
| 10 | Bakkt | 350.46 Mn | 299.76 Mn | 2.21 Mn | -14.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -14.82 Mn |
| Jun 30, 2026 | -14.82 Mn |
| Mar 31, 2026 | -12.09 Mn |
| Mar 31, 2026 | -12.09 Mn |
| Dec 31, 2025 | -10.81 Mn |
| Dec 31, 2025 | -10.81 Mn |
| Sep 30, 2025 | -46.66 Mn |
| Sep 30, 2025 | -46.66 Mn |
| Jun 30, 2025 | 5.33 Mn |
| Jun 30, 2025 | 5.33 Mn |
| Mar 31, 2025 | -101.41 Mn |
| Mar 31, 2025 | -101.41 Mn |
| Dec 31, 2024 | 28.32 Mn |
| Dec 31, 2024 | 28.32 Mn |
| Sep 30, 2024 | -24.69 Mn |
| Sep 30, 2024 | -24.69 Mn |
| Jun 30, 2024 | -64.50 Mn |
| Jun 30, 2024 | -64.50 Mn |
| Mar 31, 2024 | 36.58 Mn |
| Mar 31, 2024 | 36.58 Mn |