Bakkt Holdings, Inc.BKKTEarnings & Financial Report
Bakkt Holdings, Inc., headquartered in Alpharetta, Georgia and New York City, provides a software as a service (SaaS) and API platform for owning and trading cryptocurrency. Bakkt was founded, and is 55% owned, by Intercontinental Exchange (ICE), which also owns the New York Stock Exchange. Bakkt earns revenue from commissions for payments and purchases and sales of cryptocurrency.
BKKT Q4 FY2025 Key Financial Metrics
Revenue
$272.0K
Gross Profit
N/A
Operating Profit
N/A
Net Profit
N/A
Gross Margin
N/A
Operating Margin
N/A
Net Margin
N/A
YoY Growth
-100.0%
Bakkt Holdings, Inc. Q4 FY2025 Financial Summary
Bakkt Holdings, Inc. reported revenue of $272.0K (down 100.0% YoY) for Q4 FY2025, with a net profit of N/A (down 344.6% YoY) (N/A margin).
Key Financial Metrics
| Total Revenue | $272.0K |
|---|---|
| Net Profit | N/A |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q4 FY2025 |
Bakkt Holdings, Inc. Annual Revenue by Year
Bakkt Holdings, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.7B).
Bakkt Holdings, Inc. Quarterly Revenue & Net Profit History
Bakkt Holdings, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $272.0K | -100.0% | N/A | N/A |
| Q3 FY2025 | $-50.0K | -100.0% | $-14.9M | 29836.0% |
| Q2 FY2025 | $577.9M | +13.3% | $-14.7M | -2.5% |
| Q1 FY2025 | $1.1B | +25.8% | $7.7M | 0.7% |
| Q4 FY2024 | $1.7B | +983.3% | $-19.2M | -1.1% |
| Q3 FY2024 | $328.4M | +60.4% | $-2.9M | -0.9% |
| Q2 FY2024 | $509.9M | +46.7% | $-16.4M | -3.2% |
| Q1 FY2024 | $854.6M | +6364.8% | $-8.2M | -1.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $854.6M | $509.9M | $328.4M | $1.75B | $1.07B | $577.9M | $-50000 | $272000 |
| YoY Growth | 6364.8% | 46.7% | 60.4% | 983.3% | 25.8% | 13.3% | -100.0% | -100.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.58B | $1.24B | $1.18B | $269.4M | $176.3M | $190.1M | $258.3M | $162.8M |
| Liabilities | $1.44B | $1.14B | $1.08B | $206.5M | $94.8M | $132.3M | $129.7M | $50.0M |
| Equity | $57.0M | $47.8M | $50.5M | $33.9M | $44.1M | $35.3M | $114.4M | $112.8M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $38.4M | $-65.9M | $-25.1M | $31.4M | $-101.3M | $5.4M | $-46.7M | $-153.4M |