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Bakkt BKKT Cash & Equivalents

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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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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$336.64M+120%
Enterprise value$256.74M+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:CashAndCashEquivalentsAtCarryingValue.

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 itemAs of March 31, 2026(Unaudited)As of December 31, 2025
Assets
Current assets:
Cash and cash equivalents$79,984$26,962
Restricted cash2,576575
Customer funds17,39314,662
Investments249235
Accounts receivable, net9,53212,070
Prepaid insurance1,6672,749

Item 1. Consolidated Financial Statements (Unaudited).

FAQ

What is Bakkt's cash & equivalents?
Bakkt (BKKT) reported cash & equivalents of $79.98M in Q1 2026.
How has Bakkt's cash & equivalents changed year-over-year?
Bakkt's cash & equivalents increased by 247.6% year-over-year, from $23.01M to $79.98M.
What is the long-term trend for Bakkt's cash & equivalents?
Over 5 years (2020 to 2025), Bakkt's cash & equivalents has grown at a 87.0% compound annual growth rate (CAGR), from $1.18M to $26.96M.
What does cash & equivalents mean?
Cash on hand plus highly liquid investments with maturities of three months or less at purchase — treasury bills, money market funds, and commercial paper.

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