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Bakkt BKKT Business Segments — Occupancy

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Other financials

Income statement

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Revenue$577.9M+13.3%
Operating income-$16.9M-9.6%
Net income-$11.7M-251%
EPS (diluted)-$0.41-136%

Balance sheet

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Cash & equivalents$80.0M+248%
Total debt$79.0K
Total equity$170.9M+288%
Total assets$213.4M+21.0%

Cash flow

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Operating cash flow-$12.1M+88.1%
CapEx$19.0K-95.9%
Free cash flow-$101.4M-377%

Valuation

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Market cap$342.01M+120%
Enterprise value$262.1M+91.5%

Profitability

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Operating margin-1.9%-0.8pp
Net margin-0.8%-0.3pp
FCF margin-3.4%

Returns & leverage

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Return on equity-117.8%+1,634pp
Debt / equity
Current ratio4.1×+2.5×

Where this comes from

Reported directly by Bakkt in its filing.

Tagged under the XBRL concept us-gaap:OccupancyNet.

The source filing: Bakkt’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 4:33 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-033576
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Non-cash compensation12,8053,066
Professional fees7,7455,171
Technology1,5751,918
Occupancy2130718
Marketing and promotions36396
Business insurance41,0911,653
Depreciation and amortization66220
Other operating costs51,7211,079

Item 1. Consolidated Financial Statements (Unaudited).

FAQ

What is Bakkt's business segments — occupancy?
Bakkt (BKKT) reported business segments — occupancy of $130K in Q1 2026.
How has Bakkt's business segments — occupancy changed year-over-year?
Bakkt's business segments — occupancy decreased by 81.9% year-over-year, from $718K to $130K.
What is the long-term trend for Bakkt's business segments — occupancy?
Over 3 years (2022 to 2025), Bakkt's business segments — occupancy has grown at a -9.5% compound annual growth rate (CAGR), from $3.97M to $2.94M.
What does business segments — occupancy mean?
Covers the costs associated with physical office space, facilities, and related infrastructure required to support the segment's operations. It provides insight into the overhead burden of the segment's physical footprint.

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