Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Bakkt (BKKT) Operating Margin (2021 - 2025)

Bakkt has reported Operating Margin over the past 5 years, most recently at 30.42% for Q4 2025.

  • Quarterly results put Operating Margin at 30.42% for Q4 2025, down 3013.0% from a year ago — trailing twelve months through Dec 2025 was 6.51% (down 476.0% YoY), and the annual figure for FY2025 was 6.33%, down 393.0%.
  • Operating Margin for Q4 2025 was 30.42% at Bakkt, down from 6.28% in the prior quarter.
  • Over the last five years, Operating Margin for BKKT hit a ceiling of 0.29% in Q4 2024 and a floor of 12070.7% in Q3 2022.
  • Median Operating Margin over the past 5 years was 25.81% (2023), compared with a mean of 860.31%.
  • Biggest five-year swings in Operating Margin: tumbled -1174405bps in 2022 and later skyrocketed 1204488bps in 2023.
  • Bakkt's Operating Margin stood at 326.65% in 2021, then tumbled by -539bps to 2086.85% in 2022, then skyrocketed by 100bps to 4.24% in 2023, then skyrocketed by 93bps to 0.29% in 2024, then tumbled by -10278bps to 30.42% in 2025.
  • The last three reported values for Operating Margin were 30.42% (Q4 2025), 6.28% (Q3 2025), and 3.2% (Q2 2025) per Business Quant data.