Bakkt (BKKT) Minority Interest (2021 - 2025)
Bakkt (BKKT) reported Minority Interest of $14.17 million for Q3 2025, down 72.5% from $51.52 million a year earlier and down 37.1% from the prior quarter.
Bakkt (BKKT) Minority Interest (2021 - 2025) Analysis & Trends
At the end of FY2024, Bakkt posted Minority Interest of $28.96 million, down 66.9% from FY2023.
- Minority Interest has declined for three consecutive years, with a three-year compound annual growth rate of -74.9% (FY2021 to FY2024).
- By year, Minority Interest came in at $87.43 million in FY2023 (-63.5%), $239.81 million in FY2022 (-86.9%) and $1.83 billion in FY2021.
- The Q3 2025 figure ranks as the lowest quarterly Minority Interest in data going back to Q4 2021.
- Year over year, Minority Interest has now declined in each of the last 12 quarters, with an average decline of 63.5% over the last eight quarters.
- The year-over-year decline in Minority Interest has ranged between 49.3% (Q1 2025) and 89.1% (Q2 2023) over the last five years.
- Per Business Quant data, the three quarters before Q3 2025 came in at $22.53 million (Q2 2025), $37.5 million (Q1 2025) and $28.96 million (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | PayPal Holdings | 50.68 Bn | 8.90 Bn | - |
| 2 | Block | 47.31 Bn | 18.60 Bn | 3.17 Bn |
| 3 | Coinbase Global | 47.27 Bn | 4.07 Bn | - |
| 4 | Corpay | 26.76 Bn | 16.64 Bn | - |
| 5 | Fiserv | 25.71 Bn | 22.39 Bn | 2.90 Bn |
| 6 | Global Payments | 22.65 Bn | 438.25 Mn | 2.03 Bn |
| 7 | Guidewire Software | 15.37 Bn | 11.94 Bn | 269.68 Mn |
| 8 | Bitmine Immersion Technologies | 13.47 Bn | 10.85 Bn | 40.81 Mn |
| 9 | Chime Financial | 11.64 Bn | 7.43 Bn | 594.87 Mn |
| 10 | Bakkt | 236.79 Mn | 15.66 Mn | 2.21 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 14.17 Mn |
| Jun 30, 2025 | 22.53 Mn |
| Mar 31, 2025 | 37.50 Mn |
| Dec 31, 2024 | 28.96 Mn |
| Sep 30, 2024 | 51.52 Mn |
| Jun 30, 2024 | 54.79 Mn |
| Mar 31, 2024 | 73.90 Mn |
| Dec 31, 2023 | 87.43 Mn |
| Sep 30, 2023 | 141.74 Mn |
| Jun 30, 2023 | 176.08 Mn |
| Mar 31, 2023 | 208.98 Mn |
| Dec 31, 2022 | 239.81 Mn |
| Sep 30, 2022 | 473.51 Mn |
| Jun 30, 2022 | 1.62 Bn |
| Mar 31, 2022 | 1.79 Bn |
| Dec 31, 2021 | 1.83 Bn |
Bakkt Minority Interest API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=minority-interest&ticker=BKKT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "ticker": "BKKT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=minority-interest&ticker=BKKT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();