Growth Metrics

Bakkt Holdings (BKKT) Operating Expenses: 2021-2025

Historic Operating Expenses for Bakkt Holdings (BKKT) over the last 5 years, with Sep 2025 value amounting to $427.5 million.

  • Bakkt Holdings' Operating Expenses rose 25.19% to $427.5 million in Q3 2025 from the same period last year, while for Sep 2025 it was $4.0 billion, marking a year-over-year increase of 93.54%. This contributed to the annual value of $3.6 billion for FY2024, which is 255.46% up from last year.
  • As of Q3 2025, Bakkt Holdings' Operating Expenses stood at $427.5 million, which was down 28.32% from $596.4 million recorded in Q2 2025.
  • In the past 5 years, Bakkt Holdings' Operating Expenses registered a high of $1.9 billion during Q4 2024, and its lowest value of $36.6 million during Q1 2021.
  • Moreover, its 3-year median value for Operating Expenses was $427.5 million (2025), whereas its average is $612.8 million.
  • In the last 5 years, Bakkt Holdings' Operating Expenses soared by 4,022.95% in 2022 and then tumbled by 83.98% in 2023.
  • Over the past 5 years, Bakkt Holdings' Operating Expenses (Quarterly) stood at $39.0 million in 2021, then spiked by 4,022.95% to $347.9 million in 2022, then decreased by 15.77% to $293.0 million in 2023, then spiked by 533.34% to $1.9 billion in 2024, then increased by 25.19% to $427.5 million in 2025.
  • Its Operating Expenses was $427.5 million in Q3 2025, compared to $596.4 million in Q2 2025 and $1.1 billion in Q1 2025.