Growth Metrics

Bakkt (BKKT) Research & Development (2021 - 2025)

Bakkt has reported Research & Development over the past 5 years, most recently at $1.8 million for Q4 2025.

  • Quarterly results put Research & Development at $1.8 million for Q4 2025, down 17.24% from a year ago — trailing twelve months through Dec 2025 was $10.5 million (down 24.65% YoY), and the annual figure for FY2025 was $7.3 million, down 22.89%.
  • Research & Development for Q4 2025 was $1.8 million at Bakkt, down from $2.2 million in the prior quarter.
  • Over the last five years, Research & Development for BKKT hit a ceiling of $5.9 million in Q1 2024 and a floor of -$3.2 million in Q4 2023.
  • Median Research & Development over the past 5 years was $3.7 million (2024), compared with a mean of $3.4 million.
  • Biggest five-year swings in Research & Development: tumbled 171.47% in 2023 and later soared 168.69% in 2024.
  • Bakkt's Research & Development stood at $3.1 million in 2021, then surged by 40.41% to $4.4 million in 2022, then crashed by 171.47% to -$3.2 million in 2023, then surged by 168.69% to $2.2 million in 2024, then fell by 17.24% to $1.8 million in 2025.
  • The last three reported values for Research & Development were $1.8 million (Q4 2025), $2.2 million (Q3 2025), and $2.9 million (Q2 2025) per Business Quant data.