What is Bakkt 's crypto services revenue — revenue?

Bakkt (BKKT) reported crypto services revenue — revenue of $243.59M in Q1 2026.

What does crypto services revenue — revenue mean?

This metric represents the total gross revenue generated from providing digital asset custody, trading, and platform-related services to institutional and retail clients. It reflects the company's ability to monetize its core technology infrastructure and capture market share within the digital asset ecosystem. Growth in this metric indicates successful adoption of the platform's crypto-related offerings and effective scaling of transaction-based or service-based fee models.

Bakkt BKKT Crypto services revenue — Revenue

Similar metrics at other companies

GEMIServices revenue — Total net revenue from contracts with customers

$21.82M+150%

GEMICrypto Asset Received As Revenue

$3.53M-63.4%

GEMITransaction And Service Revenue — Total net revenue from contracts with customers

$45.94M+39.9%

BTGODigital assets sales revenue — Revenue

$3.66B+128%

BTGOSubscriptions and services revenue — Revenue

$25.58M+11.3%

HOODCryptocurrencies — Total transaction-based revenues and other revenues

$134M-46.8%

Other financials

Income statement

See full

Revenue$577.9M+13.3%

Operating income-$16.9M-9.6%

Net income-$11.7M-251%

EPS (diluted)-$0.41-136%

Balance sheet

See full

Cash & equivalents$80.0M+248%

Total debt$79.0K—

Total equity$170.9M+288%

Total assets$213.4M+21.0%

Cash flow

See full

Operating cash flow-$12.1M+88.1%

CapEx$19.0K-95.9%

Free cash flow-$101.4M-377%

Valuation

See full

Market cap$350.06M+286%

Enterprise value$270.15M—

P/S0.1×-0.2×

Profitability

See full

Operating margin-1.9%-0.8pp

Net margin-0.8%-0.3pp

FCF margin-3.4%—

Returns & leverage

See full

Return on equity-117.8%+1,634pp

Debt / equity0×—

Current ratio4.1×+2.5×

Where this comes from

Reported directly by Bakkt in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Bakkt ’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

Ask your AI about Bakkt 's crypto services revenue — revenue.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Bakkt 's crypto services revenue — revenue?: Bakkt (BKKT) reported crypto services revenue — revenue of $243.59M in Q1 2026.
What does crypto services revenue — revenue mean?: This metric represents the total gross revenue generated from providing digital asset custody, trading, and platform-related services to institutional and retail clients. It reflects the company's ability to monetize its core technology infrastructure and capture market share within the digital asset ecosystem. Growth in this metric indicates successful adoption of the platform's crypto-related offerings and effective scaling of transaction-based or service-based fee models.