Growth Metrics

Bakkt (BKKT) Gross Margin (2021 - 2025)

Bakkt (BKKT) has 5 years of Gross Margin data on record, last reported at 260.81% in Q3 2025.

  • For Q3 2025, Gross Margin fell 36107.0% year-over-year to 260.81%; the TTM value through Sep 2025 reached 70.86%, down 2912.0%, while the annual FY2024 figure was 99.96%, 16.0% up from the prior year.
  • Gross Margin reached 260.81% in Q3 2025 per BKKT's latest filing, down from 99.92% in the prior quarter.
  • Across five years, Gross Margin topped out at 261.61% in Q3 2023 and bottomed at 260.81% in Q3 2025.
  • Average Gross Margin over 5 years is 83.8%, with a median of 99.38% recorded in 2022.
  • Peak YoY movement for Gross Margin: surged 16530bps in 2023, then tumbled -36107bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 93.44% in 2021, then increased by 6bps to 98.92% in 2022, then increased by 1bps to 99.83% in 2023, then rose by 0bps to 99.92% in 2024, then plummeted by -361bps to 260.81% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 260.81% in Q3 2025, 99.92% in Q4 2024, and 100.27% in Q3 2024.