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Bakkt BKKT Business Segments — Other operating costs

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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:OtherGeneralExpense.

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
Marketing and promotions36396
Business insurance41,0911,653
Depreciation and amortization66220
Other operating costs51,7211,079
Crypto costs239,9701,054,635
Execution, clearing and brokerage fees1,9807,693
Total operating expenses per Consolidated Statements of Operations260,5171,081,193
Operating loss from continuing operations(16,924)(15,437)

Item 1. Consolidated Financial Statements (Unaudited).

FAQ

What is Bakkt's business segments — other operating costs?
Bakkt (BKKT) reported business segments — other operating costs of $1.72M in Q1 2026.
How has Bakkt's business segments — other operating costs changed year-over-year?
Bakkt's business segments — other operating costs increased by 59.5% year-over-year, from $1.08M to $1.72M.
What is the long-term trend for Bakkt's business segments — other operating costs?
Over 3 years (2022 to 2025), Bakkt's business segments — other operating costs has grown at a 3.5% compound annual growth rate (CAGR), from $29.7M to $32.9M.
What does business segments — other operating costs mean?
Encompasses miscellaneous operational expenses not categorized under specific functional headings, such as administrative overhead or minor service costs. Tracking this helps identify hidden operational inefficiencies or unexpected costs that impact the segment's overall profitability.

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