Bakkt (BKKT) Gross Profit (2021 - 2026)
Bakkt (BKKT) recorded quarterly Gross Profit of -$208.5 million in Q1 2026, up 89.62% quarter-over-quarter from -$2.0 billion in Q4 2025, and down 119.56% on a YoY basis from $1.1 billion in Q1 2025.
Bakkt (BKKT) Gross Profit (2021 - 2026) Analysis & Trends
Bakkt's Gross Profit history runs 6 years deep, the most recent figure standing at -$208.5 million for Q1 2026.
- In Q1 2026, Gross Profit fell 119.56% year-over-year to -$208.5 million; the TTM figure through Mar 2026 stood at -$1.6 billion (down 203.17% YoY), while the FY2025 annual figure was $26.9 million, down 29.05% from the prior year.
- Gross Profit was -$208.5 million for Q1 2026 at Bakkt, up from -$2.0 billion in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $1.1 billion in Q1 2025 to a low of -$2.0 billion in Q4 2025.
- Historically, Gross Profit has averaged $63.8 million across 5 years, with a median of $13.5 million in 2022.
- Biggest YoY gain for Gross Profit was 4613.61% in 2025; the steepest drop was 35683.37% in 2025.
- A 5-year view of Gross Profit shows it stood at $15.3 million in 2022, then surged by 4369.9% to $682.6 million in 2023, then slumped by 99.17% to $5.6 million in 2024, then slumped by 35683.37% to -$2.0 billion in 2025, then surged by 89.62% to -$208.5 million in 2026.
- The last three Gross Profit figures came in at -$208.5 million (Q1 2026), -$2.0 billion (Q4 2025), and $5.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn |
| 10 | Bakkt | 240.95 Mn | 158.39 Mn | -208.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -208.47 Mn |
| Mar 31, 2026 | -208.47 Mn |
| Dec 31, 2025 | -2.01 Bn |
| Dec 31, 2025 | -2.01 Bn |
| Sep 30, 2025 | 5.38 Mn |
| Sep 30, 2025 | 5.38 Mn |
| Jun 30, 2025 | 577.56 Mn |
| Jun 30, 2025 | 577.56 Mn |
| Mar 31, 2025 | 1.07 Bn |
| Mar 31, 2025 | 1.07 Bn |
| Dec 31, 2024 | 5.65 Mn |
| Dec 31, 2024 | 5.65 Mn |
| Sep 30, 2024 | 3.49 Mn |
| Sep 30, 2024 | 3.49 Mn |
| Jun 30, 2024 | 509.46 Mn |
| Jun 30, 2024 | 509.46 Mn |
| Mar 31, 2024 | 22.61 Mn |
| Mar 31, 2024 | 22.61 Mn |
| Dec 31, 2023 | 682.60 Mn |
| Dec 31, 2023 | 682.60 Mn |