Growth Metrics

Bakkt (BKKT) Operating Expenses (2020 - 2025)

Bakkt (BKKT) has 6 years of Operating Expenses data on record, last reported at $427.5 million in Q3 2025.

  • For Q3 2025, Operating Expenses rose 20.14% year-over-year to $427.5 million; the TTM value through Sep 2025 reached $4.0 billion, up 92.2%, while the annual FY2024 figure was $3.6 billion, 255.46% up from the prior year.
  • Operating Expenses reached $427.5 million in Q3 2025 per BKKT's latest filing, down from $596.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.9 billion in Q4 2022 and bottomed at $6.4 million in Q2 2021.
  • Average Operating Expenses over 5 years is $581.7 million, with a median of $377.3 million recorded in 2023.
  • Peak YoY movement for Operating Expenses: surged 222233.69% in 2021, then tumbled 84.64% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $39.0 million in 2021, then skyrocketed by 4789.55% to $1.9 billion in 2022, then crashed by 84.64% to $293.0 million in 2023, then surged by 533.34% to $1.9 billion in 2024, then tumbled by 76.96% to $427.5 million in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $427.5 million in Q3 2025, $596.4 million in Q2 2025, and $1.1 billion in Q1 2025.