Growth Metrics

Bakkt (BKKT) Operating Expenses (2020 - 2026)

Bakkt's Operating Expenses history spans 7 years, with the latest figure at $260.5 million for Q1 2026.

  • Quarterly Operating Expenses fell 75.9% to $260.5 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $1.7 billion through Mar 2026, down 55.35% year-over-year, with the annual reading at $2.5 billion for FY2025, 29.53% down from the prior year.
  • Operating Expenses came in at $260.5 million for Q1 2026, down from $390.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.8 billion in Q4 2024 to a low of $57.6 million in Q2 2022.
  • The 5-year median for Operating Expenses is $390.2 million (2025), against an average of $545.3 million.
  • Year-over-year, Operating Expenses soared 4022.95% in 2022 and then tumbled 83.98% in 2023.
  • Bakkt's Operating Expenses stood at $347.9 million in 2022, then plummeted by 51.65% to $168.2 million in 2023, then soared by 967.83% to $1.8 billion in 2024, then tumbled by 78.28% to $390.2 million in 2025, then plummeted by 33.23% to $260.5 million in 2026.
  • Per Business Quant, the three most recent readings for BKKT's Operating Expenses are $260.5 million (Q1 2026), $390.2 million (Q4 2025), and $427.5 million (Q3 2025).