BKKT — Bakkt, Inc.

NYSE · Financials · Consumer Finance · CIK 1820302 ·
Last close
$8.18
Market Cap
$368.67M
52W High
$13.04
52W Low
$6.71
ADV30
1,301,104
Next earnings
2026-11-09
Bakkt, Inc. engages in digital building financial infrastructure business. The company offers Bakkt Market solutions, which enables institutions to launch secure, compliant, and advanced digital asset brokerage, trading and payment capabilities through a plug-and-play platform; Bakkt Agent provides programmable access to Bakkt's financial infrastructure through an intelligent software layer that coordinates onboarding, account creation, funding, and global money movement; and Bakkt Global enables Bakkt to expand its technology and infrastructure into international markets. It also provides solutions that enable institutional participation in the digital asset economy. The company serves various clients, such as financial institutions, hedge funds, merchants, retailers, third party partners, and other businesses. It markets its products and services using various business-to-business channels, such as email marketing and targeted digital advertisements; indirect marketing; and its website, blog, and social media platforms. The company offers its services in the United States, Latin America, Europe, and Asia. The company was formerly known as Bakkt Holdings, Inc. and changed its name to Bakkt, Inc. in January 2026. Bakkt, Inc. was founded in 2018 and is headquartered in Atlanta, Georgia.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 243,593,000 3,623,000 -16,924,000 -11,650,000 213,380,000 79,984,000 42,502,000
Dec 2025 299,173,000 3,307,000 -90,710,000 -85,270,000 162,788,000 26,962,000 50,006,000
Sep 2025 402,211,000 5,396,000 -19,676,000 -14,918,000 258,262,000 58,319,000 129,698,000
Jun 2025 577,882,000 16,808,000 -18,489,000 -14,734,000 190,140,000 43,493,000 132,315,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$-64,211,000
Investing CF
$-36,057,000
Financing CF
$144,770,000
CapEx
$-4,415,000
Dividends Paid
Buybacks
$-2,541,000
EPS Diluted TTM
$-2.59
As of
2026-08-16

Balance + Analyst (yfinance extras)

Retained Earnings
$-916,822,000
Inventory
Receivables
$12,962,000
ST Investments
$249,000
EBIT TTM
$-147,652,000
Pretax Income TTM
$-131,515,000
Interest Exp TTM
$50,000
Analysts
1

Yahoo Snapshot (yfinance, live)

Total Revenue
$1,115,126,016
EBITDA
$-117,949,000
Free Cash Flow
$-33,939,000
Enterprise Value
$335,357,632
Total Cash
$51,852,000
Total Debt
$63,000
Shares Out
45,069,458
Trailing EPS
$-3.99
Book Value
$7.87
ROE
-10.2%
ROA
-25.0%
Div Yield

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 2,335,243,000 -141,714,000 -107,212,000 162,788,000 50,006,000 -153,399,000
Dec 2024 3,441,056,000 -73,520,000 -46,659,000 269,377,000 206,524,000 -21,203,000
Dec 2023 726,988,000 -110,933,000 -74,854,000 265,311,000 129,597,000 -60,697,000
Dec 2022 56,224,000 -177,319,000 -578,105,000 455,502,000 119,428,000 -117,597,000

TTM Snapshot

Revenues TTM
$721,684,000
NetIncome TTM
$-969,960,000
OpCashFlow TTM
$0
Assets (Latest)
$966,867,000
Forward EPS
$0.96

Max Pain — expiry 2026-08-28 (volume-derived — Yahoo OI feed degraded)

max pain strike: $8.00 · spot: $8.18 · call volume: 519 · put volume: 121
Expected Move to 2026-08-28: ±$0.65 (7.95%) — implied range $7.53$8.83 · ATM straddle on $8.00 strike

Peers — same industry

TickerNameMarket CapLastDaily %
CD Chaince Digital Holdings Inc. $378.41M $3.44
OPRT Oportun Financial Corp $349.50M $7.60
CNCK Coincheck Group N.V. $402.19M $2.10
DGXX Digi Power X Inc. $405.57M $4.00
HKD AMTD Digital Inc. $329.03M $1.67

News headlines (Yahoo Finance, 1h cache)

Bakkt (BKKT) Q2 2026 Earnings Call Transcript
2026-08-17 21:14 · Yahoo
Bakkt names new CFO in stablecoin growth push
2026-08-17 14:57 · Yahoo
Bakkt Inc (BKKT) (Q2 2026) Earnings Call Highlights: Strong GAAP Net Income and Strategic ...
2026-08-11 05:04 · Yahoo
Bakkt Q2 Earnings Call Highlights
2026-08-11 03:03 · Yahoo
Coinbase Stock Surged On A Bill Its Own CEO Says It Can Live Without
2026-08-21 17:41 · Yahoo
Coinbase Global Stock Carries A Premium Multiple And A Shrinking Top Line
2026-08-20 15:30 · Yahoo
Bakkt Holdings, Inc. Q2 2026 Earnings Call Summary
2026-08-11 01:16 · Yahoo
Trillion Dollar Tokenization Opportunity: Equiniti CEO Dan Kramer, Live at Nasdaq
2026-07-31 15:03 · Yahoo
The SEC’s “Make IPOs Great Again” Agenda: ICR Capital Note
2026-05-22 17:40 · Yahoo
Bakkt Leans Into Stablecoin Payments After Sharp Q1 Revenue Drop
2026-05-12 22:47 · Yahoo

Recent Insider Activity

FiledTradeInsiderTitleType PriceQtyValue
2026-08-19 14:22:08 2026-08-18 Alfred Michael Dir P - Purchase 7.12 296567 2111557