Bakkt (BKKT) Gross Margin (2021 - 2026)

Bakkt (BKKT) has reported Gross Margin for 6 consecutive years, with 661.81% the latest figure, recorded in Q1 2026.

• In Q1 2026, Gross Margin fell 76181.0% year-over-year to 661.81%; the TTM figure through Mar 2026 stood at 124.7% (down 15459.0% YoY), while the FY2025 annual figure was 1.15%, up 5.0% from the prior year.
• Gross Margin came in at 661.81% for Q1 2026 at Bakkt, up from 671.43% in the prior quarter.
• The five-year high for Gross Margin was 423.01% in Q4 2023, with the low at 671.43% in Q4 2025.
• Average Gross Margin over 5 years is 1.03%, with a median of 96.0% recorded in 2022.
• Across the five-year window, Gross Margin jumped 32702 bps in 2023 and slumped 76181 bps in 2026, its largest moves.
• Year by year, Gross Margin stood at 96.0% in 2022, then surged by 341 bps to 423.01% in 2023, then tumbled by 100 bps to 0.17% in 2024, then sank by 405473 bps to 671.43% in 2025, then increased by 1 bps to 661.81% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 661.81%, 671.43%, and 1.34% for Q1 2026, Q4 2025, and Q3 2025 respectively.