Bakkt reported cash from operations of -$14.82M and free cash flow of -$14.82M for the quarter ended Jun 2026, down 376.8% year over year. This cash flow statement covers 23 quarters of results from Sep 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Cash Flow Statement | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||
| Net Income | -31.89M | -28.85M | -43.32M | -27.64M | -1592.55M | -326.43M | -44.86M | -50.51M | -51.75M | -6.53M | -21.27M | -35.51M | -6.29M | -40.37M | 16.24M | -30.15M | -23.16M | -94.84M | -11.43M | 81.12M | |||
| Share-based CompensationStock Comp. | 13.19M | -2.02M | 0.07M | 2.69M | 7.24M | -0.11M | -0.03M | 1.17M | 8.01M | 2.41M | 2.63M | 2.79M | 3.34M | 6.34M | 8.12M | 53.81M | 2.81M | 1.89M | |||||
| Deferred Taxes | -3.14M | -5.10M | -0.61M | -2.74M | |||||||||||||||||||
| Gains from Investment SecuritiesGains Investment | -2.43M | -10.30M | -0.43M | -3.50M | 1.00M | -0.36M | 0.21M | -3.81M | -9.05M | 15.11M | -19.98M | 31.10M | -32.25M | 8.60M | 37.19M | -43.73M | -4.70M | -1.42M | |||||
| Asset Writedowns and ImpairmentWritedown | 1,547.71M | 274.39M | 23.32M | 37.17M | 0.29M | 0.60M | 0.71M | 0.25M | 1.20M | ||||||||||||||
| Cash from OperationsCash from Ops. | -33.16M | -27.27M | -33.48M | -23.69M | -47.24M | -31.25M | 24.59M | -6.81M | 38.35M | -65.89M | -25.07M | 31.40M | -101.28M | 5.35M | -46.66M | -10.81M | -12.09M | -14.82M | |||||
| Depreciation, Depletion & Amortization | |||||||||||||||||||||||
| Amortizatization of IntangiblesAmort. of Intangibles | 0.33M | 0.76M | 0.80M | 0.79M | 0.79M | 0.76M | 0.75M | 0.76M | 0.62M | 0.37M | 0.73M | 0.27M | 0.30M | 0.27M | 0.06M | ||||||||
| Depreciation & Amortization (CF)Dep. & Amort. | 5.85M | 6.10M | 6.39M | 7.01M | 3.06M | 3.82M | 3.96M | 3.09M | 0.06M | 0.12M | 0.11M | 0.06M | 0.22M | 0.15M | 0.15M | 0.08M | 0.07M | 1.05M | |||||
| Change in Working Capital | |||||||||||||||||||||||
| Change in ReceivablesChange Receivables | 1.32M | 1.97M | 0.68M | 3.20M | 0.09M | -4.38M | 0.68M | 13.64M | 6.29M | -12.32M | 2.36M | -1.73M | 3.59M | -5.26M | 8.99M | -6.08M | -1.50M | 1.85M | |||||
| Change in Account PayablesChange Payables | -0.25M | 0.27M | 0.27M | 0.27M | -0.66M | 0.50M | 0.76M | 1.46M | -0.72M | 0.15M | -0.30M | -0.15M | -2.21M | 0.00M | |||||||||
| Change in Accured ExpensesChange Accured Exp. | -1.68M | -0.96M | -8.03M | 11.41M | -15.99M | 4.85M | -3.10M | 6.26M | 10.87M | -26.60M | 2.06M | -1.94M | -1.81M | 5.40M | -6.94M | -1.79M | -2.12M | -2.91M | |||||
| Other Working Capital ChangesOther WC Changes | 4.32M | -0.32M | 1.12M | -2.69M | 1.84M | 0.32M | -0.93M | -4.61M | -1.33M | -1.08M | -0.47M | -0.38M | 1.04M | -1.58M | 2.10M | -1.74M | -0.77M | 0.02M | |||||
| Investing Activities | |||||||||||||||||||||||
| Capital ExpendituresCapex | 3.12M | 11.64M | 7.77M | 8.01M | 3.72M | 2.33M | 1.86M | 1.53M | 1.77M | 0.46M | 0.55M | 0.31M | 0.13M | -0.13M | |||||||||
| Sales of Property, Plant and EquipmentPP&E (Sale) | -0.01M | ||||||||||||||||||||||
| Acquisitions | 0.63M | 43.73M | -0.05M | 3.58M | |||||||||||||||||||
| Divestments | -1.76M | 4.52M | -24.66M | 2.68M | |||||||||||||||||||
| Change in Acquisitions & DivestmentsChange Acquisitions | 74.71M | 90.46M | 101.05M | 52.11M | 10.01M | 22.60M | 17.46M | 4.76M | 14.44M | -1.47M | 4.52M | -4.52M | 55.00M | ||||||||||
| Cash from Investing ActivitiesCash from Investing | -3.12M | -200.81M | 67.36M | -35.38M | 69.70M | 5.42M | -9.41M | 0.26M | -2.30M | 4.30M | 5.90M | 6.24M | -0.13M | 4.50M | -19.77M | -22.72M | 1.94M | -14.37M | |||||
| Financing Activities | |||||||||||||||||||||||
| Other financing activitiesOther financing | 0.00M | 0.10M | 0.10M | -0.00M | 0.10M | -0.00M | 0.00M | 0.77M | 6.69M | -5.93M | 0.80M | -0.30M | |||||||||||
| Cash from Financing ActivitiesCash from Financing | 0.00M | 0.00M | 0.00M | -2.59M | -2.50M | -0.13M | 36.70M | 7.49M | -0.11M | -0.26M | 4.09M | 17.17M | 60.09M | 0.73M | 66.78M | 0.45M | |||||||
| Change in Capital Stock | |||||||||||||||||||||||
| Net Equity Issued and RepurchasedNet Equity Issued | -207.37M | 38.96M | 7.54M | -46.51M | 62.96M | 69.60M | |||||||||||||||||
| Additional items | |||||||||||||||||||||||
| Exchange Rate EffectFX Effect | 0.19M | -0.38M | -0.78M | 0.12M | 0.02M | 0.34M | -0.40M | 0.47M | -0.42M | -0.20M | 0.25M | -1.13M | 0.03M | 0.89M | -0.32M | 0.00M | 0.09M | -0.04M | |||||
| Change in Cash | -36.09M | -228.47M | 33.11M | -61.54M | 22.48M | -27.99M | 14.79M | -6.21M | 72.33M | -54.31M | -19.03M | 36.25M | -97.29M | 27.91M | -6.66M | -32.80M | 56.72M | -28.78M | |||||
| Free Cash FlowFCF | -36.28M | -38.91M | -41.24M | -31.70M | -50.96M | -33.57M | 22.74M | -8.33M | 36.58M | -66.36M | -25.61M | 31.09M | -101.41M | 5.48M | -46.66M | -10.81M | -12.09M | -14.82M | |||||
| Net Cash FlowNCF | -36.28M | -228.09M | 33.88M | -61.66M | 22.46M | -28.33M | 15.19M | -6.68M | 72.75M | -54.11M | -19.27M | 37.38M | -97.32M | 27.02M | -6.34M | -32.80M | 56.62M | -28.74M |